Bank of New York Mellon Corp Sells 6,969 Shares of Seneca Foods Co. (NASDAQ:SENEA)

Bank of New York Mellon Corp decreased its stake in Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 29.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,382 shares of the company's stock after selling 6,969 shares during the period. Bank of New York Mellon Corp owned about 0.24% of Seneca Foods worth $1,298,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Van ECK Associates Corp raised its holdings in 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. Wilmington Savings Fund Society FSB acquired a new position in shares of Seneca Foods during the third quarter worth $156,000. SG Americas Securities LLC grew its stake in shares of Seneca Foods by 8.7% in 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 during the last quarter. Savant Capital LLC bought a new position in Seneca Foods during the 4th quarter worth $291,000. Finally, Bleakley Financial Group LLC lifted its holdings in Seneca Foods by 4.1% during the 4th quarter. Bleakley Financial Group LLC now owns 3,778 shares of the company's stock worth $299,000 after buying an additional 148 shares during the period. Institutional investors and hedge funds own 42.51% of the company's stock.

Seneca Foods Trading Up 2.1 %

Shares of NASDAQ SENEA traded up $1.85 during trading on Thursday, reaching $89.23. The company had a trading volume of 19,131 shares, compared to its average volume of 24,118. Seneca Foods Co. has a 12 month low of $51.79 and a 12 month high of $90.07. The company has a quick ratio of 0.36, a current ratio of 3.38 and a debt-to-equity ratio of 0.53. The stock has a market cap of $613.90 million, a P/E ratio of 16.28 and a beta of 0.16. The company's fifty day moving average price is $80.18 and its 200-day moving average price is $72.56.

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Seneca Foods (NASDAQ:SENEA - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The company reported $3.29 earnings per share (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.