Seneca Foods Corp Class A (NASDAQ:SENEA) was upgraded by equities researchers at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.

A number of other brokerages also recently commented on SENEA. ValuEngine upgraded Seneca Foods Corp Class A from a “sell” rating to a “hold” rating in a research note on Thursday, July 5th. TheStreet downgraded Seneca Foods Corp Class A from a “c” rating to a “d+” rating in a research note on Friday, June 29th.

SENEA stock opened at $32.25 on Wednesday. The company has a current ratio of 3.77, a quick ratio of 0.61 and a debt-to-equity ratio of 0.88. Seneca Foods Corp Class A has a 12-month low of $25.45 and a 12-month high of $36.60.

Seneca Foods Corp Class A (NASDAQ:SENEA) last issued its quarterly earnings data on Tuesday, July 31st. The company reported ($1.27) EPS for the quarter. The company had revenue of $342.39 million for the quarter. Seneca Foods Corp Class A had a negative return on equity of 1.44% and a negative net margin of 1.16%.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. grew its stake in Seneca Foods Corp Class A by 4.0% during the 2nd quarter. BlackRock Inc. now owns 991,508 shares of the company’s stock worth $26,771,000 after buying an additional 38,242 shares during the last quarter. Pennsylvania Trust Co grew its stake in shares of Seneca Foods Corp Class A by 1.1% in the second quarter. Pennsylvania Trust Co now owns 743,279 shares of the company’s stock worth $20,069,000 after purchasing an additional 8,400 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Seneca Foods Corp Class A by 3.8% in the first quarter. Dimensional Fund Advisors LP now owns 661,112 shares of the company’s stock worth $18,313,000 after purchasing an additional 24,440 shares in the last quarter. Royce & Associates LP grew its stake in shares of Seneca Foods Corp Class A by 15.9% in the second quarter. Royce & Associates LP now owns 413,977 shares of the company’s stock worth $11,177,000 after purchasing an additional 56,734 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of Seneca Foods Corp Class A by 11.3% in the second quarter. Renaissance Technologies LLC now owns 74,000 shares of the company’s stock worth $1,998,000 after purchasing an additional 7,500 shares in the last quarter. Hedge funds and other institutional investors own 55.19% of the company’s stock.

Seneca Foods Corp Class A Company Profile

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. It 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, Cherryman, and Seneca Farms.

Further Reading: Book Value Per Share in Stock Trading

Receive News & Ratings for Seneca Foods Corp Class A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seneca Foods Corp Class A and related companies with MarketBeat.com's FREE daily email newsletter.