Peapod Lane Capital LLC Sells 15,775 Shares of Seneca Foods Corp. (NASDAQ:SENEA)

Peapod Lane Capital LLC lessened its holdings in shares of Seneca Foods Corp. (NASDAQ:SENEA - Free Report) by 27.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,605 shares of the company's stock after selling 15,775 shares during the period. Seneca Foods accounts for approximately 4.3% of Peapod Lane Capital LLC's investment portfolio, making the stock its 3rd biggest position. Peapod Lane Capital LLC owned about 0.62% of Seneca Foods worth $3,794,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Royce & Associates LP boosted its holdings in Seneca Foods by 17.4% in the 4th quarter. Royce & Associates LP now owns 300,363 shares of the company's stock valued at $23,807,000 after purchasing an additional 44,462 shares during the last quarter. Northern Trust Corp boosted its holdings in Seneca Foods by 11.1% in the 4th quarter. Northern Trust Corp now owns 70,134 shares of the company's stock valued at $5,559,000 after purchasing an additional 7,020 shares during the last quarter. Bridgeway Capital Management LLC boosted its holdings in Seneca Foods by 25.6% in the 4th quarter. Bridgeway Capital Management LLC now owns 30,551 shares of the company's stock valued at $2,421,000 after purchasing an additional 6,223 shares during the last quarter. Money Concepts Capital Corp boosted its holdings in Seneca Foods by 1.5% in the 1st quarter. Money Concepts Capital Corp now owns 29,886 shares of the company's stock valued at $2,661,000 after purchasing an additional 444 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in Seneca Foods by 1.9% in the 4th quarter. Invesco Ltd. now owns 29,163 shares of the company's stock valued at $2,311,000 after purchasing an additional 556 shares during the last quarter. Hedge funds and other institutional investors own 42.51% of the company's stock.

Seneca Foods Trading Down 0.7%

Shares of SENEA stock traded down $0.75 during trading hours on Friday, hitting $100.84. The company had a trading volume of 124,359 shares, compared to its average volume of 33,175. The company's fifty day moving average is $94.30 and its 200 day moving average is $85.81. The company has a debt-to-equity ratio of 0.44, a current ratio of 3.52 and a quick ratio of 0.71. Seneca Foods Corp. has a fifty-two week low of $56.36 and a fifty-two week high of $106.83. The stock has a market capitalization of $694.79 million, a PE ratio of 17.12 and a beta of 0.42.

Seneca Foods (NASDAQ:SENEA - Get Free Report) last issued its quarterly earnings data on Thursday, June 12th. The company reported $1.37 EPS for the quarter. Seneca Foods had a net margin of 2.61% and a return on equity of 11.03%. The firm had revenue of $345.84 million for the quarter.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered shares of Seneca Foods from a "buy" rating to a "hold" rating in a report on Tuesday, April 29th.

About Seneca Foods

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.