Pullen Investment Management LLC increased its stake in shares of Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 46.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 27,974 shares of the company's stock after buying an additional 8,842 shares during the quarter. Seneca Foods comprises 1.4% of Pullen Investment Management LLC's holdings, making the stock its 16th largest position. Pullen Investment Management LLC owned 0.41% of Seneca Foods worth $2,217,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently modified their holdings of the company. Lazard Asset Management LLC acquired a new stake in shares of Seneca Foods in the fourth quarter valued at $54,000. Van ECK Associates Corp raised its position in shares of Seneca Foods by 73.6% during the 4th quarter. Van ECK Associates Corp now owns 729 shares of the company's stock worth $58,000 after acquiring an additional 309 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of Seneca Foods during the 4th quarter worth approximately $87,000. SG Americas Securities LLC boosted its stake in Seneca Foods by 8.7% in the fourth quarter. SG Americas Securities LLC now owns 2,054 shares of the company's stock valued at $163,000 after acquiring an additional 165 shares in the last quarter. Finally, Jump Financial LLC acquired a new stake in shares of Seneca Foods in the 4th quarter valued at about $204,000. Hedge funds and other institutional investors own 42.51% of the company's stock.
Seneca Foods Price Performance
Shares of NASDAQ SENEA traded up $0.15 during trading on Friday, hitting $93.86. 3,669 shares of the company were exchanged, compared to its average volume of 22,160. The firm's fifty day moving average price is $87.82 and its 200 day moving average price is $80.78. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.38 and a quick ratio of 0.36. The company has a market cap of $645.76 million, a price-to-earnings ratio of 17.13 and a beta of 0.40. Seneca Foods Co. has a 1 year low of $51.79 and a 1 year high of $94.49.
Analyst Ratings Changes
Separately, Wall Street Zen downgraded shares of Seneca Foods from a "buy" rating to a "hold" rating in a research note on Tuesday, April 29th.
View Our Latest Stock Report on SENEA
Seneca Foods Profile
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Free Report)
Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and jarred produce; jarred fruit; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, Cherryman, Green Valley, and READ.
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