Assenagon Asset Management SA has a $928,000 equity position in Seneca Foods Co. (NASDAQ:SENEA)

Assenagon Asset Management SA reduced its position in shares of Seneca Foods Co. (NASDAQ:SENEA – Free Report) by 16.0% during the second quarter, HoldingsChannel reports. The fund owned 16,162 shares of the company’s stock after selling 3,081 shares during the period. Assenagon Asset Management SA’s holdings in Seneca Foods were worth $928,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Anchor Capital Advisors LLC boosted its holdings in shares of Seneca Foods by 4.1% in the first quarter. Anchor Capital Advisors LLC now owns 23,224 shares of the company’s stock valued at $1,321,000 after buying an additional 913 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Seneca Foods by 7.1% in the first quarter. Empowered Funds LLC now owns 13,251 shares of the company’s stock valued at $754,000 after purchasing an additional 875 shares in the last quarter. Pullen Investment Management LLC purchased a new stake in shares of Seneca Foods in the first quarter valued at about $914,000. Janney Montgomery Scott LLC purchased a new stake in shares of Seneca Foods in the first quarter valued at about $255,000. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Seneca Foods by 42.3% in the first quarter. BNP Paribas Financial Markets now owns 5,155 shares of the company’s stock valued at $293,000 after purchasing an additional 1,533 shares in the last quarter. Institutional investors and hedge funds own 42.51% of the company’s shares.

Seneca Foods stock fell 1.7%

SENEA opened at $60.06 on Friday. Seneca Foods Co. has a 1 year low of $43.89 and a 1 year high of $63.77. The stock’s fifty-day simple moving average is $59.58, and its 200-day simple moving average is $56.77. The company has a current ratio of 3.83, a quick ratio of 0.46, and a debt-to-equity ratio of 0.82. The stock has a market cap of $416.22 million, a PE ratio of 7.19 and a beta of 0.30.

Seneca Foods (NASDAQ:SENEA – Get Your Free Report ) last issued its quarterly earnings results on Thursday, June 13th. The company reported ($0.02) earnings per share for the quarter. Seneca Foods had a net margin of 3.61% and a return on equity of 11.72%. The business had revenue of $307.98 million during the quarter.

The Wall Street analyst weighs in

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

Check out our latest analysis of Seneca Foods

Seneca Foods Company Profile

(Free report)

Seneca Foods Corporation supplies packaged fruits and vegetables in the United States and internationally. It operates through three segments: Fruits and Vegetables, Prepared Foods and Snacks. The company offers canned, frozen and bottled products; fruit in jars; and snack chips and other food products under 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.

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Want to see what other hedge funds own SENEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for Seneca Foods Co. (NASDAQ:SENEA – Free Report).

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