Brandywine Global Investment Management LLC Reduces Stock Position in Seneca Foods Co. (NASDAQ:SENEA)

Brandywine Global Investment Management LLC decreased its position in shares of Seneca Foods Co. (NASDAQ:SENEA) by 3.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,995 shares of the company’s stock after selling 700 shares during the quarter. Brandywine Global Investment Management LLC owned 0.26% of Seneca Foods worth $1,426,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Van ECK Associates Corp increased its stake in shares of Seneca Foods by 73.6% during the 4th quarter. Van ECK Associates Corp now owns 729 shares of the company’s stock worth $58,000 after purchasing an additional 309 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in Seneca Foods during the fourth quarter worth approximately $87,000. SG Americas Securities LLC raised its position in shares of Seneca Foods by 8.7% in the 4th quarter. SG Americas Securities LLC now owns 2,054 shares of the company’s stock worth $163,000 after buying an additional 165 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of Seneca Foods in the 3rd quarter worth about $156,000. Finally, Metis Global Partners LLC acquired a new position in Seneca Foods during the fourth quarter valued at approximately $222,000. Institutional investors and hedge funds own 42.51% of the company’s stock.

Seneca Foods Stock Down 3.0 %

Shares of Seneca Foods stock opened at $87.27 on Thursday. Seneca Foods Co. has a twelve month low of $51.79 and a twelve month high of $92.00. The stock has a market cap of $600.42 million, a price-to-earnings ratio of 15.93 and a beta of 0.16. The company has a current ratio of 3.38, a quick ratio of 0.36 and a debt-to-equity ratio of 0.53. The company has a fifty day moving average price of $81.75 and a 200 day moving average price of $73.57.

Seneca Foods (NASDAQ:SENEA) last issued its 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%.

Seneca Foods Profile

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.