Charles Schwab Investment Management Inc. Reduces Holdings in Seneca Foods Co. (NASDAQ:SENEA)

Charles Schwab Investment Management Inc. lowered its position in shares of Seneca Foods Co. (NASDAQ:SENEA) by 28.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 74,029 shares of the company’s stock after selling 29,200 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.07% of Seneca Foods worth $4,614,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in SENEA. SG Americas Securities LLC acquired a new position in Seneca Foods in the third quarter worth $118,000. Rockbridge Investment Management LCC acquired a new position in shares of Seneca Foods during the third quarter valued at $220,000. Bleakley Financial Group LLC bought a new stake in shares of Seneca Foods during the third quarter valued at about $226,000. Clifford Capital Partners LLC bought a new stake in shares of Seneca Foods during the second quarter valued at about $243,000. Finally, Squarepoint Ops LLC bought a new stake in shares of Seneca Foods during the second quarter valued at about $268,000. Hedge funds and other institutional investors own 42.51% of the company’s stock.

Seneca Foods Price Performance

Shares of Seneca Foods stock opened at $80.57 on Friday. The company’s 50-day moving average price is $67.30 and its two-hundred day moving average price is $62.60. The company has a current ratio of 2.64, a quick ratio of 0.33 and a debt-to-equity ratio of 0.73. The stock has a market cap of $555.13 million, a PE ratio of 13.82 and a beta of 0.29. Seneca Foods Co. has a 52 week low of $43.89 and a 52 week high of $80.65.

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.