74,672 Shares in Seneca Foods Co. (NASDAQ:SENEA) Purchased by Edge Capital Group LLC

Edge Capital Group LLC acquired a new position in Seneca Foods Co. (NASDAQ:SENEA) during the 4th quarter, Holdings Channel reports. The fund acquired 74,672 shares of the company’s stock, valued at approximately $5,919,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Van ECK Associates Corp boosted its position in shares of Seneca Foods by 73.6% in the 4th quarter. Van ECK Associates Corp now owns 729 shares of the company’s stock worth $58,000 after buying an additional 309 shares in the last quarter. SG Americas Securities LLC purchased a new position in Seneca Foods in the 3rd quarter valued at about $118,000. Wilmington Savings Fund Society FSB purchased a new position in Seneca Foods in the 3rd quarter valued at about $156,000. Rockbridge Investment Management LCC purchased a new position in Seneca Foods in the 3rd quarter valued at about $220,000. Finally, Savant Capital LLC purchased a new position in Seneca Foods in the 4th quarter valued at about $291,000. 42.51% of the stock is currently owned by hedge funds and other institutional investors.

Seneca Foods Price Performance

NASDAQ:SENEA opened at $80.49 on Monday. The firm has a market cap of $553.77 million, a price-to-earnings ratio of 14.69 and a beta of 0.25. The company has a current ratio of 3.38, a quick ratio of 0.36 and a debt-to-equity ratio of 0.53. The company’s 50-day moving average is $76.22 and its two-hundred day moving average is $68.60. Seneca Foods Co. has a 12-month low of $45.38 and a 12-month high of $81.45.

Seneca Foods (NASDAQ:SENEA) last released its earnings results on Thursday, February 6th. The company reported $3.29 earnings per share (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.