Empowered Funds LLC Sells 10,723 Shares of Seneca Foods Co. (NASDAQ:SENEA)

Empowered Funds LLC lowered its position in shares of Seneca Foods Co. (NASDAQ:SENEA) by 75.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,428 shares of the company’s stock after selling 10,723 shares during the quarter. Empowered Funds LLC’s holdings in Seneca Foods were worth $214,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Janney Montgomery Scott LLC boosted its stake in Seneca Foods by 199.4% in the third quarter. Janney Montgomery Scott LLC now owns 13,421 shares of the company’s stock valued at $837,000 after acquiring an additional 8,938 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Seneca Foods by 39.3% in the 2nd quarter. AQR Capital Management LLC now owns 14,094 shares of the company’s stock valued at $809,000 after purchasing an additional 3,973 shares during the period. Marshall Wace LLP boosted its position in shares of Seneca Foods by 42.3% in the 2nd quarter. Marshall Wace LLP now owns 46,186 shares of the company’s stock worth $2,651,000 after purchasing an additional 13,725 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in shares of Seneca Foods during the second quarter worth $268,000. Finally, Bank of New York Mellon Corp increased its holdings in Seneca Foods by 3.9% in the second quarter. Bank of New York Mellon Corp now owns 27,294 shares of the company’s stock valued at $1,567,000 after purchasing an additional 1,013 shares during the last quarter. Institutional investors and hedge funds own 42.51% of the company’s stock.

Seneca Foods Trading Down 0.2 %

NASDAQ:SENEA opened at $71.76 on Wednesday. The firm has a market capitalization of $494.50 million, a price-to-earnings ratio of 12.31 and a beta of 0.26. Seneca Foods Co. has a 1-year low of $43.89 and a 1-year high of $74.00. The business’s 50-day moving average price is $64.21 and its two-hundred day moving average price is $61.36. The company has a current ratio of 2.64, a quick ratio of 0.33 and a debt-to-equity ratio of 0.73.

Seneca Foods Company 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.