Seneca Foods (NASDAQ:SENEB) Posts Earnings Results

Seneca Foods (NASDAQ:SENEB) issued its quarterly earnings results on Thursday. The consumer goods maker reported $3.67 EPS for the quarter, Zacks reports.

Seneca Foods Price Performance

SENEB traded up $3.93 during mid-day trading on Thursday, reaching $149.68. 43 shares of the company traded hands, compared to its average volume of 413. Seneca Foods has a 52-week low of $90.19 and a 52-week high of $164.98. The company’s fifty day moving average price is $143.36 and its 200-day moving average price is $129.75.

Institutional Investors Weigh In On Seneca Foods

An institutional investor recently raised its position in Seneca Foods stock. Vanguard Group Inc. lifted its holdings in Seneca Foods Co. (NASDAQ:SENEB) by 24.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,429 shares of the consumer goods maker’s stock after acquiring an additional 3,617 shares during the period. Vanguard Group Inc.’s holdings in Seneca Foods were worth $2,009,000 at the end of the most recent quarter. Institutional investors own 3.39% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Seneca Foods in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Seneca Foods Company Profile

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and bottled produce; 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, READ, Green Valley, Paradise, Seneca Farms, and CherryMan. It also packs Green Giant, Le Sueur, and other brands of canned vegetables, as well as select Green Giant frozen vegetables for B&G Foods North America under a contract packing agreement.