Janney Montgomery Scott LLC Sells 300 Shares of Seneca Foods Co. (NASDAQ:SENEA)

Janney Montgomery Scott LLC lessened its holdings in shares of Seneca Foods Co. (NASDAQ:SENEA) by 2.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,121 shares of the company’s stock after selling 300 shares during the period. Janney Montgomery Scott LLC owned approximately 0.19% of Seneca Foods worth $1,040,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. SG Americas Securities LLC bought a new stake in shares of Seneca Foods in the third quarter valued at about $118,000. Wilmington Savings Fund Society FSB bought a new stake in Seneca Foods in the 3rd quarter valued at approximately $156,000. Rockbridge Investment Management LCC acquired a new position in Seneca Foods during the 3rd quarter worth approximately $220,000. Bleakley Financial Group LLC bought a new position in Seneca Foods in the third quarter valued at $226,000. Finally, Squarepoint Ops LLC acquired a new stake in shares of Seneca Foods in the second quarter valued at about $268,000. 42.51% of the stock is currently owned by institutional investors and hedge funds.

Seneca Foods Price Performance

NASDAQ:SENEA opened at $74.47 on Thursday. The stock has a market capitalization of $513.17 million, a PE ratio of 12.77 and a beta of 0.25. 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 firm has a fifty day simple moving average of $75.00 and a 200 day simple moving average of $66.94. Seneca Foods Co. has a 1-year low of $43.89 and a 1-year high of $81.39.

Seneca Foods (NASDAQ:SENEA) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $3.52 earnings per share 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.