Marshall Wace LLP Sells 21,832 Shares of Seneca Foods Co. (NASDAQ:SENEA)

Marshall Wace LLP lowered its stake in shares of Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 54.6% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 18,150 shares of the company's stock after selling 21,832 shares during the period. Marshall Wace LLP owned approximately 0.26% of Seneca Foods worth $1,439,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Van ECK Associates Corp increased its stake in Seneca Foods by 73.6% in the fourth quarter. Van ECK Associates Corp now owns 729 shares of the company's stock valued at $58,000 after acquiring an additional 309 shares during the period. KLP Kapitalforvaltning AS acquired a new position in shares of Seneca Foods in the 4th quarter worth approximately $87,000. Wilmington Savings Fund Society FSB bought a new position in shares of Seneca Foods during the 3rd quarter worth approximately $156,000. SG Americas Securities LLC boosted its stake in Seneca Foods by 8.7% in the 4th quarter. SG Americas Securities LLC now owns 2,054 shares of the company's stock valued at $163,000 after buying an additional 165 shares in the last quarter. Finally, Jump Financial LLC bought a new stake in Seneca Foods in the fourth quarter valued at $204,000. Institutional investors own 42.51% of the company's stock.

Seneca Foods Price Performance

Shares of NASDAQ SENEA traded up $0.58 during mid-day trading on Friday, hitting $89.86. 16,667 shares of the stock were exchanged, compared to its average volume of 25,056. The company has a market cap of $618.24 million, a P/E ratio of 16.40 and a beta of 0.26. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.36 and a current ratio of 3.38. Seneca Foods Co. has a twelve month low of $51.79 and a twelve month high of $92.00. The stock's fifty day simple moving average is $85.92 and its two-hundred day simple moving average is $77.38.

Seneca Foods (NASDAQ:SENEA - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $3.29 earnings per share (EPS) for the quarter. Seneca Foods had a return on equity of 9.71% and a net margin of 2.49%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Seneca Foods from a "buy" rating to a "hold" rating in a research note on Tuesday, April 29th.

Seneca Foods 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.