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

Charles Schwab Investment Management Inc. lowered its holdings in shares of Seneca Foods Co. (NASDAQ:SENEA) by 40.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,158 shares of the company’s stock after selling 29,871 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.64% of Seneca Foods worth $3,500,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Barclays PLC boosted its holdings in shares of Seneca Foods by 311.3% in the third quarter. Barclays PLC now owns 7,222 shares of the company’s stock valued at $450,000 after purchasing an additional 5,466 shares during the period. Savant Capital LLC purchased a new stake in shares of Seneca Foods in the 4th quarter worth $291,000. Edge Capital Group LLC bought a new position in shares of Seneca Foods during the 4th quarter worth $5,919,000. Empowered Funds LLC increased its stake in shares of Seneca Foods by 181.5% during 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 during the period. Finally, Jane Street Group LLC raised its holdings 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 acquiring an additional 9,787 shares in the last quarter. Institutional investors own 42.51% of the company’s stock.

Seneca Foods Stock Performance

Shares of SENEA stock opened at $89.23 on Friday. The firm has a market cap of $613.90 million, a price-to-earnings ratio of 16.28 and a beta of 0.16. Seneca Foods Co. has a 52-week low of $51.79 and a 52-week high of $90.07. The company has a quick ratio of 0.36, a current ratio of 3.38 and a debt-to-equity ratio of 0.53. The company’s 50 day moving average is $80.48 and its 200 day moving average is $72.68.

Seneca Foods (NASDAQ:SENEA) last announced its earnings results on Thursday, February 6th. The company reported $3.29 EPS for the quarter. Seneca Foods had a net margin of 2.49% and a return on equity of 9.71%.

About Seneca Foods

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.