Hsbc Holdings PLC purchased a new stake in shares of Seneca Foods Co. (NASDAQ:SENEA - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,445 shares of the company's stock, valued at approximately $272,000. Hsbc Holdings PLC owned approximately 0.05% of Seneca Foods at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Van ECK Associates Corp grew its position in shares of Seneca Foods by 73.6% in the 4th quarter. Van ECK Associates Corp now owns 729 shares of the company's stock valued at $58,000 after buying an additional 309 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in Seneca Foods in the fourth quarter valued at approximately $87,000. SG Americas Securities LLC increased its position in Seneca Foods by 8.7% during the 4th quarter. SG Americas Securities LLC now owns 2,054 shares of the company's stock valued at $163,000 after purchasing an additional 165 shares during the period. Jump Financial LLC bought a new position in Seneca Foods during the 4th quarter worth approximately $204,000. Finally, Metis Global Partners LLC bought a new stake in shares of Seneca Foods in the 4th quarter valued at $222,000. 42.51% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered shares of Seneca Foods from a "buy" rating to a "hold" rating in a report on Tuesday, April 29th.
View Our Latest Report on SENEA
Seneca Foods Stock Down 0.5 %
Shares of Seneca Foods stock opened at $88.50 on Friday. The firm has a market cap of $608.88 million, a price-to-earnings ratio of 16.15 and a beta of 0.40. The stock's 50-day moving average is $86.62 and its 200 day moving average is $78.11. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.38 and a quick ratio of 0.36. Seneca Foods Co. has a one year low of $51.79 and a one year high of $92.00.
Seneca Foods (NASDAQ:SENEA - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $3.29 earnings per share for the quarter. Seneca Foods had a net margin of 2.49% and a return on equity of 9.71%.
Seneca Foods Company Profile
(
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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