Connor Clark & Lunn Investment Management Ltd. lessened its stake in shares of Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 48.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,134 shares of the company's stock after selling 2,969 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.'s holdings in Seneca Foods were worth $248,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently modified their holdings of SENEA. Barclays PLC boosted its position in Seneca Foods by 311.3% in the 3rd quarter. Barclays PLC now owns 7,222 shares of the company's stock valued at $450,000 after buying an additional 5,466 shares during the last quarter. Savant Capital LLC purchased a new position in Seneca Foods in the fourth quarter valued at about $291,000. Edge Capital Group LLC acquired a new stake in Seneca Foods during the 4th quarter valued at approximately $5,919,000. Empowered Funds LLC increased its holdings in Seneca Foods by 181.5% during the 4th quarter. Empowered Funds LLC now owns 9,651 shares of the company's stock worth $765,000 after purchasing an additional 6,223 shares during the last quarter. Finally, Jane Street Group LLC raised its position in shares of Seneca Foods by 156.7% in the 3rd quarter. Jane Street Group LLC now owns 16,034 shares of the company's stock valued at $999,000 after purchasing an additional 9,787 shares in the last quarter. Hedge funds and other institutional investors own 42.51% of the company's stock.
Seneca Foods Stock Up 2.1 %
Shares of Seneca Foods stock traded up $1.85 on Thursday, hitting $89.23. 19,131 shares of the company's stock traded hands, compared to its average volume of 24,118. 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 firm's 50-day moving average is $80.18 and its 200 day moving average is $72.56. The stock has a market cap of $613.90 million, a P/E ratio of 16.28 and a beta of 0.16. Seneca Foods Co. has a 52-week low of $51.79 and a 52-week high of $90.07.
Seneca Foods (NASDAQ:SENEA - Get Free Report) last announced 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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