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Seneca Foods Co. (NASDAQ:SENEA) Stake Lowered by Empowered Funds LLC

Seneca Foods logo with Consumer Staples background

Empowered Funds LLC lowered its stake in Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 75.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,428 shares of the company's stock after selling 10,723 shares during the period. Empowered Funds LLC's holdings in Seneca Foods were worth $214,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of SENEA. Oppenheimer & Close LLC acquired a new stake in Seneca Foods during the 2nd quarter worth about $2,014,000. Bank of New York Mellon Corp raised its holdings in shares of Seneca Foods by 3.9% during the second quarter. Bank of New York Mellon Corp now owns 27,294 shares of the company's stock valued at $1,567,000 after acquiring an additional 1,013 shares during the period. Pullen Investment Management LLC lifted its position in shares of Seneca Foods by 2.5% in the 2nd quarter. Pullen Investment Management LLC now owns 16,461 shares of the company's stock valued at $945,000 after acquiring an additional 397 shares in the last quarter. Acuitas Investments LLC boosted its stake in Seneca Foods by 0.5% in the 2nd quarter. Acuitas Investments LLC now owns 57,488 shares of the company's stock worth $3,300,000 after purchasing an additional 309 shares during the period. Finally, Anchor Capital Advisors LLC boosted its stake in Seneca Foods by 3.1% in the 2nd quarter. Anchor Capital Advisors LLC now owns 23,942 shares of the company's stock worth $1,374,000 after purchasing an additional 718 shares during the period. Institutional investors and hedge funds own 42.51% of the company's stock.

Seneca Foods Stock Down 1.1 %

NASDAQ:SENEA traded down $0.76 during trading hours on Wednesday, hitting $71.00. 16,986 shares of the stock traded hands, compared to its average volume of 29,326. The firm has a market cap of $489.19 million, a price-to-earnings ratio of 12.11 and a beta of 0.26. The firm has a 50 day moving average price of $64.39 and a 200 day moving average price of $61.44. The company has a current ratio of 2.64, a quick ratio of 0.33 and a debt-to-equity ratio of 0.73. Seneca Foods Co. has a fifty-two week low of $43.89 and a fifty-two week high of $74.00.

About Seneca Foods

(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.

See Also

Institutional Ownership by Quarter for Seneca Foods (NASDAQ:SENEA)

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