Empowered Funds LLC Acquires 6,223 Shares of Seneca Foods Co. (NASDAQ:SENEA)

Empowered Funds LLC raised its holdings in Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 181.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,651 shares of the company's stock after buying an additional 6,223 shares during the period. Empowered Funds LLC owned 0.14% of Seneca Foods worth $765,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SENEA. SG Americas Securities LLC acquired a new position in shares of Seneca Foods during the 3rd quarter worth about $118,000. Bleakley Financial Group LLC acquired a new position in shares of Seneca Foods during the 3rd quarter worth about $226,000. Pullen Investment Management LLC increased its stake in shares of Seneca Foods by 16.2% during the 3rd quarter. Pullen Investment Management LLC now owns 19,132 shares of the company's stock worth $1,192,000 after purchasing an additional 2,671 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Seneca Foods by 199.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 13,421 shares of the company's stock worth $837,000 after purchasing an additional 8,938 shares during the last quarter. Finally, Summit Global Investments acquired a new position in shares of Seneca Foods during the 3rd quarter worth about $282,000. 42.51% of the stock is currently owned by institutional investors and hedge funds.

Seneca Foods Stock Performance

Shares of Seneca Foods stock traded up $0.92 during trading on Friday, hitting $80.49. 31,103 shares of the stock were exchanged, compared to its average volume of 13,862. The stock has a market capitalization of $553.77 million, a price-to-earnings ratio of 14.69 and a beta of 0.25. The company has a fifty day moving average price of $76.22 and a 200-day moving average price of $68.45. Seneca Foods Co. has a 1-year low of $45.38 and a 1-year high of $81.45. The company has a current ratio of 3.38, a quick ratio of 0.36 and a debt-to-equity ratio of 0.53.

Seneca Foods (NASDAQ:SENEA - Get Free Report) last released 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%.

About Seneca Foods

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.