Seneca Foods Co. (NASDAQ:SENEA) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its position in shares of Seneca Foods Co. (NASDAQ:SENEA) by 92.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,390 shares of the company’s stock after buying an additional 9,783 shares during the quarter. JPMorgan Chase & Co. owned about 0.30% of Seneca Foods worth $1,271,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new position in Seneca Foods in the 3rd quarter valued at about $118,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Seneca Foods in the 3rd quarter valued at approximately $156,000. Rockbridge Investment Management LCC acquired a new position in shares of Seneca Foods in the third quarter valued at approximately $220,000. Bleakley Financial Group LLC purchased a new stake in shares of Seneca Foods during the third quarter worth approximately $226,000. Finally, Clifford Capital Partners LLC acquired a new stake in shares of Seneca Foods during the second quarter worth $243,000. Institutional investors and hedge funds own 42.51% of the company’s stock.

Seneca Foods Stock Up 1.5 %

Seneca Foods stock opened at $74.41 on Friday. Seneca Foods Co. has a fifty-two week low of $43.89 and a fifty-two week high of $81.39. The firm has a market capitalization of $512.68 million, a price-to-earnings ratio of 12.76 and a beta of 0.27. The stock’s fifty day moving average is $74.71 and its two-hundred day moving average is $66.21. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.33 and a current ratio of 2.64.

Seneca Foods (NASDAQ:SENEA) last released its earnings results on Wednesday, November 6th. The company reported $3.52 earnings per share (EPS) for the quarter. The company had revenue of $425.47 million for the quarter. Seneca Foods had a net margin of 2.79% and a return on equity of 10.43%.

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.