Heritage Investors Management Corp Lowers Position in Seneca Foods Co. (NASDAQ:SENEA)

Heritage Investors Management Corp lessened its holdings in Seneca Foods Co. (NASDAQ:SENEA) by 3.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,766 shares of the company’s stock after selling 382 shares during the period. Heritage Investors Management Corp owned approximately 0.17% of Seneca Foods worth $733,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SENEA. Janney Montgomery Scott LLC increased its position in Seneca Foods by 199.4% during the third quarter. Janney Montgomery Scott LLC now owns 13,421 shares of the company’s stock valued at $837,000 after acquiring an additional 8,938 shares during the last quarter. Pullen Investment Management LLC lifted its stake in Seneca Foods by 16.2% in the third quarter. Pullen Investment Management LLC now owns 19,132 shares of the company’s stock worth $1,192,000 after acquiring an additional 2,671 shares during the period. Bleakley Financial Group LLC purchased a new stake in Seneca Foods in the third quarter worth about $226,000. SG Americas Securities LLC purchased a new stake in Seneca Foods in the third quarter worth about $118,000. Finally, Clifford Capital Partners LLC purchased a new stake in Seneca Foods in the second quarter worth about $243,000. Institutional investors own 42.51% of the company’s stock.

Seneca Foods Stock Performance

SENEA stock opened at $64.21 on Wednesday. The firm has a market cap of $444.98 million, a price-to-earnings ratio of 8.70 and a beta of 0.26. The firm has a 50-day simple moving average of $61.88 and a two-hundred day simple moving average of $60.35. Seneca Foods Co. has a one year low of $43.89 and a one year high of $65.50. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.46 and a current ratio of 3.83.

Seneca Foods (NASDAQ:SENEA) last posted its quarterly earnings data on Thursday, August 8th. The company reported $1.49 earnings per share (EPS) for the quarter. Seneca Foods had a net margin of 3.61% and a return on equity of 11.72%. The firm had revenue of $304.73 million for the quarter.

About Seneca Foods

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.