UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Cuts Stock Position in Seneca Foods Co. (NASDAQ:SENEA)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its stake in Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 73.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,580 shares of the company's stock after selling 42,778 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.23% of Seneca Foods worth $1,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Lazard Asset Management LLC bought a new stake in shares of Seneca Foods in the 4th quarter worth $54,000. Van ECK Associates Corp lifted its holdings in shares of Seneca Foods by 73.6% during the fourth quarter. Van ECK Associates Corp now owns 729 shares of the company's stock valued at $58,000 after purchasing an additional 309 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in Seneca Foods in the 4th quarter worth about $87,000. SG Americas Securities LLC raised its position in Seneca Foods by 8.7% in the 4th quarter. SG Americas Securities LLC now owns 2,054 shares of the company's stock worth $163,000 after buying an additional 165 shares during the last quarter. Finally, Jump Financial LLC bought a new position in Seneca Foods during the 4th quarter valued at about $204,000. Hedge funds and other institutional investors own 42.51% of the company's stock.

Analyst Upgrades and Downgrades

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

Seneca Foods Stock Performance

NASDAQ:SENEA traded up $0.18 during trading hours on Wednesday, reaching $92.47. The company had a trading volume of 76,881 shares, compared to its average volume of 27,240. The firm's 50 day moving average price is $88.59 and its 200-day moving average price is $82.21. The firm has a market cap of $636.19 million, a price-to-earnings ratio of 16.87 and a beta of 0.41. The company has a current ratio of 3.38, a quick ratio of 0.36 and a debt-to-equity ratio of 0.53. Seneca Foods Co. has a 52 week low of $51.79 and a 52 week high of $96.79.

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.