Two Sigma Investments LP Decreases Stake in Seneca Foods Co. (NASDAQ:SENEA)

Two Sigma Investments LP cut its holdings in Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 27.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,874 shares of the company's stock after selling 3,761 shares during the quarter. Two Sigma Investments LP owned 0.14% of Seneca Foods worth $783,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Lazard Asset Management LLC purchased a new stake in Seneca Foods during the fourth quarter worth $54,000. Van ECK Associates Corp boosted its position in Seneca Foods by 73.6% during the fourth quarter. Van ECK Associates Corp now owns 729 shares of the company's stock worth $58,000 after purchasing an additional 309 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in Seneca Foods during the fourth quarter worth $87,000. SG Americas Securities LLC boosted its position in Seneca Foods by 8.7% during the fourth quarter. SG Americas Securities LLC now owns 2,054 shares of the company's stock worth $163,000 after purchasing an additional 165 shares in the last quarter. Finally, Jump Financial LLC purchased a new stake in Seneca Foods during the fourth quarter worth $204,000. 42.51% of the stock is currently owned by hedge funds and other institutional investors.

Seneca Foods Trading Up 1.2%

Shares of SENEA opened at $94.50 on Friday. The company has a market capitalization of $650.16 million, a P/E ratio of 17.24 and a beta of 0.41. Seneca Foods Co. has a one year low of $51.79 and a one year high of $96.79. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.36 and a current ratio of 3.38. The stock has a 50-day moving average price of $88.42 and a 200 day moving average price of $81.94.

Analyst Ratings Changes

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

Seneca Foods Company Profile

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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