Royce & Associates LP Sells 14,934 Shares of Seneca Foods Corp. $SENEA

Royce & Associates LP decreased its position in Seneca Foods Corp. (NASDAQ:SENEA) by 5.7% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 246,769 shares of the company’s stock after selling 14,934 shares during the period. Royce & Associates LP’s holdings in Seneca Foods were worth $27,300,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of SENEA. State of Alaska Department of Revenue bought a new stake in shares of Seneca Foods during the 3rd quarter worth approximately $28,000. EverSource Wealth Advisors LLC bought a new stake in shares of Seneca Foods during the 2nd quarter worth approximately $36,000. Quarry LP bought a new stake in shares of Seneca Foods during the 3rd quarter worth approximately $57,000. Employees Retirement System of Texas bought a new stake in shares of Seneca Foods during the 3rd quarter worth approximately $64,000. Finally, Van ECK Associates Corp raised its stake in shares of Seneca Foods by 34.8% during the 3rd quarter. Van ECK Associates Corp now owns 818 shares of the company’s stock worth $88,000 after purchasing an additional 211 shares in the last quarter. Institutional investors own 42.51% of the company’s stock.

Seneca Foods Stock Performance

Shares of Seneca Foods stock opened at $139.04 on Tuesday. Seneca Foods Corp. has a 12-month low of $85.20 and a 12-month high of $167.51. The stock has a market cap of $941.30 million, a P/E ratio of 10.70 and a beta of -0.03. The company has a quick ratio of 0.72, a current ratio of 4.34 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $145.25 and its 200-day moving average is $128.90.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Seneca Foods in a research note on Friday, April 24th. Freedom Capital upgraded Seneca Foods to a “strong-buy” rating in a research note on Wednesday, May 20th. Finally, Wall Street Zen cut Seneca Foods from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat.com, Seneca Foods has an average rating of “Strong Buy”.

Seneca Foods Company Profile

Seneca Foods Corporation is a leading producer and distributor of shelf-stable fruits, vegetables and fruit?based products. The company’s core activities include the processing, packaging and sale of canned fruits and vegetables, natural fruit juices, apple sauces and fruit?based snacks. Seneca Foods caters to both retail and foodservice markets, supplying national and international grocers, restaurant chains and food manufacturers with branded and private?label products.

Seneca Foods operates a network of manufacturing facilities and cold storage warehouses across North America, with key processing plants in New York, Michigan, California and Canada.