Seneca Foods Co. (NASDAQ:SENEA) Shares Bought by Royce & Associates LP

Royce & Associates LP lifted its stake in shares of Seneca Foods Co. (NASDAQ:SENEA - Free Report) by 17.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 300,363 shares of the company's stock after buying an additional 44,462 shares during the quarter. Royce & Associates LP owned approximately 4.36% of Seneca Foods worth $23,807,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SENEA. Van ECK Associates Corp raised its stake in Seneca Foods by 73.6% in the fourth quarter. Van ECK Associates Corp now owns 729 shares of the company's stock valued at $58,000 after buying an additional 309 shares in the last quarter. SG Americas Securities LLC raised its position in shares of Seneca Foods by 8.7% during the 4th quarter. SG Americas Securities LLC now owns 2,054 shares of the company's stock worth $163,000 after acquiring an additional 165 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Seneca Foods during the third quarter worth approximately $156,000. Metis Global Partners LLC purchased a new stake in Seneca Foods during the fourth quarter worth approximately $222,000. Finally, Savant Capital LLC acquired a new position in Seneca Foods in the fourth quarter valued at approximately $291,000. 42.51% of the stock is currently owned by hedge funds and other institutional investors.

Seneca Foods Stock Down 0.8 %

SENEA stock traded down $0.73 during midday trading on Thursday, reaching $86.74. 24,898 shares of the company were exchanged, compared to its average volume of 24,026. The company has a market cap of $596.77 million, a price-to-earnings ratio of 15.83 and a beta of 0.16. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.36 and a current ratio of 3.38. Seneca Foods Co. has a 1-year low of $51.79 and a 1-year high of $90.07. The stock's 50-day simple moving average is $78.77 and its 200 day simple moving average is $71.62.

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Seneca Foods (NASDAQ:SENEA - Get Free Report) last announced its quarterly 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%.

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.