Seneca Foods Co. (NASDAQ:SENEA) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. trimmed its position in Seneca Foods Co. (NASDAQ:SENEA) by 40.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,158 shares of the company’s stock after selling 29,871 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Seneca Foods were worth $3,500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Van ECK Associates Corp lifted its stake in Seneca Foods by 73.6% during the 4th quarter. Van ECK Associates Corp now owns 729 shares of the company’s stock valued at $58,000 after acquiring an additional 309 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of Seneca Foods during the third quarter worth $156,000. SG Americas Securities LLC lifted its position in Seneca Foods by 8.7% during the fourth quarter. SG Americas Securities LLC now owns 2,054 shares of the company’s stock valued at $163,000 after purchasing an additional 165 shares during the period. Metis Global Partners LLC purchased a new stake in Seneca Foods in the fourth quarter valued at $222,000. Finally, Savant Capital LLC acquired a new stake in Seneca Foods during the 4th quarter worth about $291,000. Hedge funds and other institutional investors own 42.51% of the company’s stock.

Seneca Foods Stock Performance

Shares of SENEA stock opened at $89.23 on Friday. Seneca Foods Co. has a 52-week low of $51.79 and a 52-week high of $90.07. The company has a quick ratio of 0.36, a current ratio of 3.38 and a debt-to-equity ratio of 0.53. The stock has a market cap of $613.90 million, a PE ratio of 16.28 and a beta of 0.16. The business has a 50-day simple moving average of $80.48 and a 200-day simple moving average of $72.68.

Seneca Foods (NASDAQ:SENEA) last announced its quarterly earnings results on Thursday, February 6th. The company reported $3.29 earnings per share for the quarter. Seneca Foods had a return on equity of 9.71% and a net margin of 2.49%.

About Seneca Foods

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.