SG Americas Securities LLC Acquires New Position in Seneca Foods Co. (NASDAQ:SENEA)

SG Americas Securities LLC acquired a new stake in Seneca Foods Co. (NASDAQ:SENEA) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,889 shares of the company’s stock, valued at approximately $118,000.

Other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC grew its holdings in Seneca Foods by 107.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,710 shares of the company’s stock worth $97,000 after acquiring an additional 884 shares in the last quarter. Clifford Capital Partners LLC acquired a new position in Seneca Foods during the 2nd quarter worth approximately $243,000. Janney Montgomery Scott LLC purchased a new stake in shares of Seneca Foods during the 1st quarter worth approximately $255,000. Squarepoint Ops LLC purchased a new stake in shares of Seneca Foods during the 2nd quarter worth approximately $268,000. Finally, BNP Paribas Financial Markets lifted its position in shares of Seneca Foods by 42.3% during the 1st quarter. BNP Paribas Financial Markets now owns 5,155 shares of the company’s stock worth $293,000 after buying an additional 1,533 shares during the last quarter. Institutional investors and hedge funds own 42.51% of the company’s stock.

Seneca Foods Stock Down 1.2 %

Shares of NASDAQ:SENEA opened at $61.61 on Friday. The company has a market capitalization of $426.96 million, a PE ratio of 8.53 and a beta of 0.27. The company has a current ratio of 3.83, a quick ratio of 0.46 and a debt-to-equity ratio of 0.82. Seneca Foods Co. has a twelve month low of $43.89 and a twelve month high of $65.50. The firm has a 50 day simple moving average of $61.67 and a 200-day simple moving average of $60.06.

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

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.