Seneca Foods Co. (NASDAQ:SENEA) Stock Holdings Increased by Caldwell Sutter Capital Inc.

Caldwell Sutter Capital Inc. lifted its stake in Seneca Foods Co. (NASDAQ:SENEA) by 9.7% in the first quarter, Holdings Channel.com reports. The firm owned 22,685 shares of the company’s stock after acquiring an additional 2,000 shares during the quarter. Caldwell Sutter Capital Inc.’s holdings in Seneca Foods were worth $1,291,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Range Financial Group LLC raised its position in Seneca Foods by 2.6% during the first quarter. Range Financial Group LLC now owns 10,175 shares of the company’s stock valued at $579,000 after acquiring an additional 262 shares in the last quarter. Shufro Rose & Co. LLC raised its position in shares of Seneca Foods by 2.2% in the fourth quarter. Shufro Rose & Co. LLC now owns 13,900 shares of the company’s stock valued at $748,000 after purchasing an additional 300 shares during the period. SG Americas Securities LLC raised its position in shares of Seneca Foods by 21.5% in the fourth quarter. SG Americas Securities LLC now owns 2,990 shares of the company’s stock valued at $157,000 after purchasing an additional 529 shares during the period. Allspring Global Investments Holdings LLC bought a new position in shares of Seneca Foods in the fourth quarter valued at approximately $43,000. Finally, Caxton Associates LP bought a new position in shares of Seneca Foods in the third quarter valued at approximately $230,000. 42.51% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Seneca Foods Stock Performance

SENEA stock traded up $0.12 on Wednesday, reaching $59.87. 13,012 shares of the company were exchanged, compared to its average volume of 33,695. Seneca Foods Co. has a 12 month low of $32.74 and a 12 month high of $63.37. The stock’s fifty day moving average price is $59.02 and its 200 day moving average price is $55.02. The firm has a market capitalization of $416.70 million, a PE ratio of 7.09 and a beta of 0.30. 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 (NASDAQ:SENEA) last announced its earnings results on Thursday, June 13th. The company reported ($0.02) earnings per share (EPS) for the quarter. Seneca Foods had a return on equity of 13.74% and a net margin of 4.34%. The company had revenue of $307.98 million for the quarter.

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.