Geode Capital Management LLC Buys 10,357 Shares of Seneca Foods Corp. $SENEA

Geode Capital Management LLC increased its stake in Seneca Foods Corp. (NASDAQ:SENEA) by 8.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 139,457 shares of the company’s stock after buying an additional 10,357 shares during the quarter. Geode Capital Management LLC’s holdings in Seneca Foods were worth $14,146,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Seneca Foods by 2.1% during the 1st quarter. Vanguard Group Inc. now owns 307,325 shares of the company’s stock worth $27,364,000 after acquiring an additional 6,208 shares during the period. American Century Companies Inc. increased its position in Seneca Foods by 161.5% during the first quarter. American Century Companies Inc. now owns 70,929 shares of the company’s stock worth $6,316,000 after acquiring an additional 43,805 shares during the period. Invesco Ltd. increased its holdings in shares of Seneca Foods by 80.0% during the first quarter. Invesco Ltd. now owns 52,492 shares of the company’s stock worth $4,674,000 after purchasing an additional 23,329 shares during the period. Bridgeway Capital Management LLC increased its stake in Seneca Foods by 17.1% during the 1st quarter. Bridgeway Capital Management LLC now owns 35,765 shares of the company’s stock worth $3,185,000 after acquiring an additional 5,214 shares during the period. Finally, Pullen Investment Management LLC raised its stake in Seneca Foods by 0.9% in the second quarter. Pullen Investment Management LLC now owns 28,806 shares of the company’s stock valued at $2,922,000 after purchasing an additional 247 shares in the last quarter. Institutional investors own 42.51% of the company’s stock.

Seneca Foods Stock Performance

Shares of SENEA stock opened at $121.20 on Tuesday. Seneca Foods Corp. has a 52 week low of $70.58 and a 52 week high of $129.03. The company has a quick ratio of 0.66, a current ratio of 4.11 and a debt-to-equity ratio of 0.44. The company has a market cap of $829.61 million, a price-to-earnings ratio of 19.45 and a beta of 0.19. The firm has a 50 day moving average of $114.34 and a 200-day moving average of $105.99.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Seneca Foods in a research note on Wednesday, November 19th. Wall Street Zen upgraded shares of Seneca Foods from a “hold” rating to a “strong-buy” rating in a research report on Saturday, November 8th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy”.

Seneca Foods Company 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.