Seneca Foods Co. (NASDAQ:SENEA) Shares Sold by Marquette Asset Management LLC

Marquette Asset Management LLC reduced its position in Seneca Foods Co. (NASDAQ:SENEA) by 21.0% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 8,424 shares of the company’s stock after selling 2,241 shares during the quarter. Marquette Asset Management LLC owned about 0.12% of Seneca Foods worth $525,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its holdings in shares of Seneca Foods by 107.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,710 shares of the company’s stock valued at $97,000 after buying an additional 884 shares during the period. SG Americas Securities LLC purchased a new position in Seneca Foods in the third quarter worth $118,000. Clifford Capital Partners LLC acquired a new stake in Seneca Foods in the second quarter valued at $243,000. Janney Montgomery Scott LLC purchased a new stake in shares of Seneca Foods during the 1st quarter worth $255,000. Finally, Squarepoint Ops LLC purchased a new stake in shares of Seneca Foods during the 2nd quarter worth $268,000. Hedge funds and other institutional investors own 42.51% of the company’s stock.

Seneca Foods Stock Up 0.5 %

SENEA opened at $62.30 on Wednesday. The business’s fifty day simple moving average is $60.84 and its 200 day simple moving average is $59.44. Seneca Foods Co. has a 52 week low of $43.89 and a 52 week high of $65.50. The firm has a market cap of $433.86 million, a P/E ratio of 7.39 and a beta of 0.27. The company has a quick ratio of 0.46, a current ratio of 3.83 and a debt-to-equity ratio of 0.82.

Seneca Foods (NASDAQ:SENEA) last announced its quarterly earnings data on Thursday, August 8th. The company reported $1.49 earnings per share (EPS) for the quarter. Seneca Foods had a net margin of 3.61% and a return on equity of 11.72%. The business had revenue of $304.73 million for the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Seneca Foods from a “sell” rating to a “hold” rating in a report on Thursday, June 20th.

Seneca Foods Profile

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and jarred 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.