Connor Clark & Lunn Investment Management Ltd. Lowers Stock Holdings in Seneca Foods Co. (NASDAQ:SENEA)

Connor Clark & Lunn Investment Management Ltd. lessened its position in Seneca Foods Co. (NASDAQ:SENEA) by 48.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,134 shares of the company’s stock after selling 2,969 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in Seneca Foods were worth $248,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Barclays PLC increased its stake in Seneca Foods by 311.3% during the third quarter. Barclays PLC now owns 7,222 shares of the company’s stock worth $450,000 after purchasing an additional 5,466 shares during the period. Savant Capital LLC purchased a new stake in Seneca Foods during the 4th quarter worth approximately $291,000. Edge Capital Group LLC acquired a new stake in Seneca Foods during the 4th quarter worth approximately $5,919,000. Empowered Funds LLC boosted its position in Seneca Foods by 181.5% in the 4th 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 grew its stake 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 worth $999,000 after acquiring an additional 9,787 shares in the last quarter. Institutional investors and hedge funds own 42.51% of the company’s stock.

Seneca Foods Stock Up 1.3 %

Shares of NASDAQ SENEA opened at $87.85 on Monday. The stock has a market cap of $604.41 million, a P/E ratio of 16.03 and a beta of 0.16. The business’s fifty day simple moving average is $79.32 and its 200-day simple moving average is $72.08. Seneca Foods Co. has a 12-month low of $51.79 and a 12-month high of $90.07. The company has a current ratio of 3.38, a quick ratio of 0.36 and a debt-to-equity ratio of 0.53.

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

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.