Bank of New York Mellon Corp Sells 6,969 Shares of Seneca Foods Co. (NASDAQ:SENEA)

Bank of New York Mellon Corp lessened its holdings in Seneca Foods Co. (NASDAQ:SENEA) by 29.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,382 shares of the company’s stock after selling 6,969 shares during the period. Bank of New York Mellon Corp’s holdings in Seneca Foods were worth $1,298,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Bleakley Financial Group LLC raised its stake in Seneca Foods by 4.1% during the 4th quarter. Bleakley Financial Group LLC now owns 3,778 shares of the company’s stock worth $299,000 after acquiring an additional 148 shares during the period. SG Americas Securities LLC grew its holdings in Seneca Foods by 8.7% during the 4th quarter. SG Americas Securities LLC now owns 2,054 shares of the company’s stock valued at $163,000 after buying an additional 165 shares in the last quarter. Van ECK Associates Corp grew its holdings 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 buying an additional 309 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Seneca Foods by 88.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,137 shares of the company’s stock valued at $320,000 after buying an additional 2,404 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Seneca Foods during the 3rd quarter valued at approximately $156,000. Institutional investors own 42.51% of the company’s stock.

Seneca Foods Trading Up 1.3 %

Shares of SENEA opened at $87.85 on Monday. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.38 and a quick ratio of 0.36. Seneca Foods Co. has a 1 year low of $51.79 and a 1 year high of $90.07. The company has a 50 day simple moving average of $79.32 and a two-hundred day simple moving average of $72.08. The firm has a market cap of $604.41 million, a P/E ratio of 16.03 and a beta of 0.16.

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

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.