KLP Kapitalforvaltning AS Purchases New Position in Seneca Foods Co. (NASDAQ:SENEA)

KLP Kapitalforvaltning AS acquired a new position in shares of Seneca Foods Co. (NASDAQ:SENEA) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,100 shares of the company’s stock, valued at approximately $87,000.

A number of other institutional investors also recently made changes to their positions in the company. Barclays PLC raised its stake in Seneca Foods by 311.3% in the 3rd quarter. Barclays PLC now owns 7,222 shares of the company’s stock worth $450,000 after purchasing an additional 5,466 shares in the last quarter. Savant Capital LLC bought a new position in shares of Seneca Foods during the fourth quarter worth approximately $291,000. Edge Capital Group LLC bought a new position in shares of Seneca Foods during the fourth quarter worth approximately $5,919,000. Empowered Funds LLC raised its position in shares of Seneca Foods by 181.5% in the fourth quarter. Empowered Funds LLC now owns 9,651 shares of the company’s stock valued at $765,000 after buying an additional 6,223 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Seneca Foods by 156.7% in the third quarter. Jane Street Group LLC now owns 16,034 shares of the company’s stock valued at $999,000 after buying an additional 9,787 shares during the period. Institutional investors own 42.51% of the company’s stock.

Seneca Foods Price Performance

Seneca Foods stock opened at $83.93 on Friday. The stock’s fifty day moving average price is $83.56 and its two-hundred day moving average price is $74.72. The firm has a market cap of $577.44 million, a PE ratio of 15.32 and a beta of 0.26. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.38 and a quick ratio of 0.36. Seneca Foods Co. has a one year low of $51.79 and a one year high of $92.00.

Seneca Foods (NASDAQ:SENEA) last issued its quarterly earnings results on Thursday, February 6th. The company reported $3.29 EPS 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.