Peapod Lane Capital LLC acquired a new stake in Seneca Foods Co. (NASDAQ:SENEA - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 58,380 shares of the company's stock, valued at approximately $4,627,000. Seneca Foods makes up 4.6% of Peapod Lane Capital LLC's portfolio, making the stock its 3rd largest position. Peapod Lane Capital LLC owned about 0.85% of Seneca Foods as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently made changes to their positions in SENEA. Van ECK Associates Corp increased its holdings in shares of Seneca Foods by 73.6% in the fourth quarter. Van ECK Associates Corp now owns 729 shares of the company's stock worth $58,000 after purchasing an additional 309 shares during the last quarter. SG Americas Securities LLC purchased a new stake in Seneca Foods during the 3rd quarter valued at $118,000. Wilmington Savings Fund Society FSB bought a new stake in Seneca Foods in the third quarter worth about $156,000. Rockbridge Investment Management LCC purchased a new stake in Seneca Foods in the third quarter worth $220,000. Finally, Bleakley Financial Group LLC bought a new stake in Seneca Foods during the 3rd quarter valued at about $226,000. Institutional investors own 42.51% of the company's stock.
Seneca Foods Stock Up 1.0 %
Shares of NASDAQ:SENEA traded up $0.77 during trading hours on Monday, hitting $81.05. The company's stock had a trading volume of 21,142 shares, compared to its average volume of 12,182. Seneca Foods Co. has a 52 week low of $45.16 and a 52 week high of $81.39. The firm's fifty day moving average price is $75.74 and its 200 day moving average price is $67.83. The company has a market capitalization of $558.43 million, a price-to-earnings ratio of 14.79 and a beta of 0.25. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.64 and a quick ratio of 0.33.
Seneca Foods (NASDAQ:SENEA - Get Free Report) last released 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 9.80%.
Seneca Foods 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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