Two Sigma Securities LLC Takes $244,000 Position in Seneca Foods Co. (NASDAQ:SENEA)

Two Sigma Securities LLC purchased a new stake in Seneca Foods Co. (NASDAQ:SENEA - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 3,077 shares of the company's stock, valued at approximately $244,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC bought a new position in Seneca Foods during the fourth quarter worth about $272,000. Jump Financial LLC acquired a new position in shares of Seneca Foods in the 4th quarter valued at approximately $204,000. Barclays PLC increased its holdings in Seneca Foods by 11.4% during the 4th quarter. Barclays PLC now owns 8,042 shares of the company's stock worth $637,000 after purchasing an additional 820 shares in the last quarter. Invesco Ltd. boosted its position in Seneca Foods by 1.9% during the 4th quarter. Invesco Ltd. now owns 29,163 shares of the company's stock worth $2,311,000 after acquiring an additional 556 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in Seneca Foods by 2.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,578 shares of the company's stock valued at $442,000 after purchasing an additional 129 shares in the last quarter. 42.51% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Seneca Foods from a "buy" rating to a "hold" rating in a report on Tuesday.

Seneca Foods Price Performance

Shares of SENEA stock traded up $0.58 during trading on Friday, hitting $89.86. The company had a trading volume of 16,667 shares, compared to its average volume of 25,064. The firm has a market capitalization of $618.24 million, a P/E ratio of 16.40 and a beta of 0.26. Seneca Foods Co. has a one year low of $51.79 and a one year high of $92.00. 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's 50-day moving average price is $85.92 and its 200 day moving average price is $77.20.

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

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.