Charles Schwab Investment Management Inc. reduced its stake in Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 40.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,158 shares of the company's stock after selling 29,871 shares during the period. Charles Schwab Investment Management Inc. owned 0.64% of Seneca Foods worth $3,500,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Van ECK Associates Corp boosted its holdings in shares of Seneca Foods by 73.6% during 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 in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Seneca Foods during the 3rd quarter valued at about $156,000. SG Americas Securities LLC boosted its stake in Seneca Foods by 8.7% during the fourth quarter. SG Americas Securities LLC now owns 2,054 shares of the company's stock worth $163,000 after acquiring an additional 165 shares in the last quarter. Metis Global Partners LLC purchased a new stake in Seneca Foods in the fourth quarter worth about $222,000. Finally, Savant Capital LLC bought a new position in shares of Seneca Foods during the fourth quarter valued at approximately $291,000. 42.51% of the stock is currently owned by hedge funds and other institutional investors.
Seneca Foods Stock Down 1.4 %
Shares of SENEA traded down $1.31 during mid-day trading on Monday, reaching $89.04. The company had a trading volume of 72,341 shares, compared to its average volume of 24,720. Seneca Foods Co. has a 52 week low of $51.79 and a 52 week high of $91.56. 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 company has a market capitalization of $612.60 million, a price-to-earnings ratio of 16.25 and a beta of 0.16. The firm has a 50-day moving average price of $81.13 and a 200 day moving average price of $73.27.
Seneca Foods (NASDAQ:SENEA - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $3.29 EPS for the quarter. Seneca Foods had a return on equity of 9.71% and a net margin of 2.49%.
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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