Van ECK Associates Corp Has $58,000 Stock Holdings in Seneca Foods Co. (NASDAQ:SENEA)

Van ECK Associates Corp lifted its holdings in shares of Seneca Foods Co. (NASDAQ:SENEA) by 73.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 729 shares of the company’s stock after buying an additional 309 shares during the period. Van ECK Associates Corp’s holdings in Seneca Foods were worth $58,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. SG Americas Securities LLC bought a new stake in shares of Seneca Foods in the 3rd quarter valued at about $118,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Seneca Foods in the 3rd quarter valued at about $156,000. Rockbridge Investment Management LCC bought a new stake in shares of Seneca Foods in the 3rd quarter valued at about $220,000. Savant Capital LLC bought a new stake in shares of Seneca Foods in the 4th quarter valued at about $291,000. Finally, Bleakley Financial Group LLC raised its holdings in shares of Seneca Foods by 4.1% in the 4th quarter. Bleakley Financial Group LLC now owns 3,778 shares of the company’s stock valued at $299,000 after purchasing an additional 148 shares during the period. 42.51% of the stock is currently owned by institutional investors and hedge funds.

Seneca Foods Stock Up 1.2 %

Seneca Foods stock opened at $80.49 on Monday. The stock has a market cap of $553.77 million, a P/E ratio of 14.69 and a beta of 0.25. The company has a quick ratio of 0.36, a current ratio of 3.38 and a debt-to-equity ratio of 0.53. Seneca Foods Co. has a twelve month low of $45.38 and a twelve month high of $81.45. The company’s 50-day moving average price is $76.22 and its two-hundred day moving average price is $68.60.

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

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.