Shufro Rose & Co. LLC Has $748,000 Holdings in Seneca Foods Co. (NASDAQ:SENEA)

Shufro Rose & Co. LLC lifted its position in shares of Seneca Foods Co. (NASDAQ:SENEA) by 2.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,900 shares of the company’s stock after purchasing an additional 300 shares during the quarter. Shufro Rose & Co. LLC owned 0.19% of Seneca Foods worth $748,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Acuitas Investments LLC raised its position in Seneca Foods by 123.5% in the 4th quarter. Acuitas Investments LLC now owns 113,501 shares of the company’s stock valued at $5,952,000 after buying an additional 62,707 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in Seneca Foods in the 4th quarter valued at $43,000. Caldwell Sutter Capital Inc. grew its stake in Seneca Foods by 99.5% in the 4th quarter. Caldwell Sutter Capital Inc. now owns 20,685 shares of the company’s stock valued at $1,085,000 after purchasing an additional 10,314 shares during the period. Procyon Advisors LLC bought a new position in Seneca Foods in the 4th quarter valued at $244,000. Finally, Assenagon Asset Management S.A. grew its stake in Seneca Foods by 54.5% in the 4th quarter. Assenagon Asset Management S.A. now owns 23,204 shares of the company’s stock valued at $1,217,000 after purchasing an additional 8,181 shares during the period. 42.51% of the stock is owned by institutional investors and hedge funds.

Seneca Foods Trading Down 0.1 %

Shares of SENEA traded down $0.05 during mid-day trading on Friday, hitting $57.89. 16,922 shares of the company’s stock traded hands, compared to its average volume of 24,602. The company has a quick ratio of 0.49, a current ratio of 4.81 and a debt-to-equity ratio of 1.05. Seneca Foods Co. has a 1 year low of $32.50 and a 1 year high of $59.99. The firm has a market capitalization of $412.00 million, a P/E ratio of 7.67 and a beta of 0.34. The business’s 50-day moving average price is $53.63 and its 200-day moving average price is $52.64.

Seneca Foods (NASDAQ:SENEA) last posted its earnings results on Thursday, February 8th. The company reported $3.70 earnings per share (EPS) for the quarter. Seneca Foods had a return on equity of 14.48% and a net margin of 3.81%. The firm had revenue of $444.48 million for the quarter.

Insider Buying and Selling

In other news, CFO Michael S. Wolcott purchased 1,898 shares of Seneca Foods stock in a transaction that occurred on Tuesday, February 13th. The shares were bought at an average cost of $45.05 per share, with a total value of $85,504.90. Following the completion of the purchase, the chief financial officer now directly owns 15,198 shares in the company, valued at $684,669.90. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 7.24% of the stock is owned by insiders.

Analyst Ratings Changes

Separately, StockNews.com downgraded Seneca Foods from a “hold” rating to a “sell” rating in a research note on Wednesday, February 28th.

About Seneca Foods

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. It operates through three segments: Fruits and Vegetables, Prepared Food Products, and Snack Products. The company offers canned, frozen, and bottled 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.