Caldwell Sutter Capital Inc. Increases Holdings in Seneca Foods Co. (NASDAQ:SENEA)

Caldwell Sutter Capital Inc. raised its position in shares of Seneca Foods Co. (NASDAQ:SENEA) by 9.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,685 shares of the company’s stock after acquiring an additional 2,000 shares during the quarter. Caldwell Sutter Capital Inc. owned approximately 0.32% of Seneca Foods worth $1,291,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of SENEA. Allspring Global Investments Holdings LLC bought a new stake in shares of Seneca Foods in the 4th quarter worth approximately $43,000. SG Americas Securities LLC boosted its position in shares of Seneca Foods by 21.5% in the 4th quarter. SG Americas Securities LLC now owns 2,990 shares of the company’s stock worth $157,000 after purchasing an additional 529 shares in the last quarter. Caxton Associates LP bought a new position in Seneca Foods in the 3rd quarter valued at approximately $230,000. Procyon Advisors LLC bought a new position in Seneca Foods in the 4th quarter valued at approximately $244,000. Finally, Range Financial Group LLC lifted its position in Seneca Foods by 4.2% in the 4th quarter. Range Financial Group LLC now owns 9,913 shares of the company’s stock valued at $520,000 after acquiring an additional 401 shares in the last quarter. 42.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Seneca Foods Price Performance

Shares of Seneca Foods stock traded up $0.12 during trading on Wednesday, reaching $59.87. 13,012 shares of the stock traded hands, compared to its average volume of 33,695. The company has a market capitalization of $416.70 million, a price-to-earnings ratio of 7.09 and a beta of 0.30. The business has a fifty day simple moving average of $59.02 and a two-hundred day simple moving average of $55.02. The company has a debt-to-equity ratio of 1.03, a current ratio of 6.40 and a quick ratio of 0.62. Seneca Foods Co. has a 52-week low of $32.74 and a 52-week high of $63.37.

Seneca Foods (NASDAQ:SENEA) last released its quarterly earnings results on Thursday, June 13th. The company reported ($0.02) EPS for the quarter. The company had revenue of $307.98 million during the quarter. Seneca Foods had a return on equity of 13.74% and a net margin of 4.34%.

Seneca Foods Profile

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. It operates through three segments: Fruits and Vegetables, Prepared Food Products, and Snack Products. The company offers canned, frozen, and bottled 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.