Connor Clark & Lunn Investment Management Ltd. Invests $380,000 in Seneca Foods Co. (NASDAQ:SENEA)

Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Seneca Foods Co. (NASDAQ:SENEA) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 6,103 shares of the company’s stock, valued at approximately $380,000.

A number of other institutional investors have also added to or reduced their stakes in SENEA. Janney Montgomery Scott LLC raised its position in Seneca Foods by 199.4% in the third quarter. Janney Montgomery Scott LLC now owns 13,421 shares of the company’s stock valued at $837,000 after purchasing an additional 8,938 shares during the last quarter. AQR Capital Management LLC raised its holdings in Seneca Foods by 39.3% in the 2nd quarter. AQR Capital Management LLC now owns 14,094 shares of the company’s stock valued at $809,000 after buying an additional 3,973 shares during the last quarter. Marshall Wace LLP boosted its position in Seneca Foods by 42.3% during the 2nd quarter. Marshall Wace LLP now owns 46,186 shares of the company’s stock worth $2,651,000 after buying an additional 13,725 shares during the period. Squarepoint Ops LLC acquired a new stake in Seneca Foods during the 2nd quarter worth approximately $268,000. Finally, Bank of New York Mellon Corp grew its holdings in Seneca Foods by 3.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 27,294 shares of the company’s stock worth $1,567,000 after acquiring an additional 1,013 shares during the last quarter. 42.51% of the stock is currently owned by institutional investors and hedge funds.

Seneca Foods Price Performance

SENEA stock opened at $72.10 on Friday. The company has a market capitalization of $496.84 million, a P/E ratio of 12.37 and a beta of 0.26. The company has a fifty day moving average price of $64.91 and a 200-day moving average price of $61.66. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.33 and a current ratio of 2.64. Seneca Foods Co. has a 52-week low of $43.89 and a 52-week high of $74.00.

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.