Seneca Foods (NASDAQ:SENEB) Issues Quarterly Earnings Results

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

Seneca Foods Trading Up 2.7%

NASDAQ:SENEB opened at $149.68 on Friday. Seneca Foods has a one year low of $90.19 and a one year high of $164.98. The business’s 50-day simple moving average is $143.39 and its 200 day simple moving average is $129.93.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Seneca Foods stock. Vanguard Group Inc. increased its holdings in Seneca Foods Co. (NASDAQ:SENEB) by 24.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,429 shares of the consumer goods maker’s stock after acquiring an additional 3,617 shares during the quarter. Vanguard Group Inc.’s holdings in Seneca Foods were worth $2,009,000 as of its most recent filing with the SEC. 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 analyst has rated the stock with a Hold rating, According to MarketBeat.com, Seneca Foods 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.