Money Concepts Capital Corp Raises Stock Holdings in Seneca Foods Co. (NASDAQ:SENEA)

Money Concepts Capital Corp grew its holdings in shares of Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 82.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,442 shares of the company's stock after purchasing an additional 13,327 shares during the quarter. Money Concepts Capital Corp owned about 0.43% of Seneca Foods worth $2,334,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. SG Americas Securities LLC bought a new position in Seneca Foods in the 3rd quarter worth about $118,000. Wilmington Savings Fund Society FSB purchased a new position in Seneca Foods during the third quarter valued at approximately $156,000. Rockbridge Investment Management LCC bought a new stake in Seneca Foods during the 3rd quarter worth approximately $220,000. Bleakley Financial Group LLC purchased a new stake in Seneca Foods in the 3rd quarter worth approximately $226,000. Finally, Summit Global Investments purchased a new stake in Seneca Foods in the 3rd quarter worth approximately $282,000. Hedge funds and other institutional investors own 42.51% of the company's stock.

Seneca Foods Price Performance

Shares of SENEA traded down $0.55 during mid-day trading on Friday, reaching $74.00. 13,831 shares of the stock traded hands, compared to its average volume of 12,182. The company has a market cap of $509.93 million, a price-to-earnings ratio of 13.50 and a beta of 0.25. Seneca Foods Co. has a 1 year low of $43.89 and a 1 year high of $81.39. The firm has a fifty day moving average price of $75.10 and a 200 day moving average price of $67.13. 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 (NASDAQ:SENEA - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $3.29 EPS for the quarter. Seneca Foods had a return on equity of 9.80% and a net margin of 2.49%.

Seneca Foods Company Profile

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.