JPMorgan Chase & Co. lifted its stake in shares of Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 42.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 28,996 shares of the company's stock after acquiring an additional 8,606 shares during the period. JPMorgan Chase & Co. owned 0.42% of Seneca Foods worth $2,298,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also modified their holdings of SENEA. Van ECK Associates Corp grew its position 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 acquiring an additional 309 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in Seneca Foods in the 4th quarter valued at about $87,000. Wilmington Savings Fund Society FSB acquired a new position in Seneca Foods in the 3rd quarter valued at about $156,000. SG Americas Securities LLC grew its position in Seneca Foods by 8.7% in the 4th quarter. SG Americas Securities LLC now owns 2,054 shares of the company's stock valued at $163,000 after acquiring an additional 165 shares in the last quarter. Finally, Metis Global Partners LLC acquired a new position in Seneca Foods in the 4th quarter valued at about $222,000. Hedge funds and other institutional investors own 42.51% of the company's stock.
Seneca Foods Stock Up 0.0 %
Seneca Foods stock traded up $0.03 during trading on Tuesday, reaching $86.00. The stock had a trading volume of 27,758 shares, compared to its average volume of 25,068. Seneca Foods Co. has a 52-week low of $51.79 and a 52-week high of $92.00. The business has a 50 day moving average price of $85.40 and a 200 day moving average price of $76.76. 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 $591.68 million, a PE ratio of 15.69 and a beta of 0.26.
Seneca Foods (NASDAQ:SENEA - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $3.29 EPS for the quarter. Seneca Foods had a net margin of 2.49% and a return on equity of 9.71%.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded Seneca Foods from a "buy" rating to a "hold" rating in a research report on Tuesday.
Get Our Latest Stock Report on Seneca Foods
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.
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