Seneca Foods Corp. $SENEA Shares Bought by Morgan Dempsey Capital Management LLC

Morgan Dempsey Capital Management LLC raised its position in Seneca Foods Corp. (NASDAQ:SENEA) by 41.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,151 shares of the company’s stock after acquiring an additional 630 shares during the quarter. Morgan Dempsey Capital Management LLC’s holdings in Seneca Foods were worth $218,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Seneca Foods by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 307,325 shares of the company’s stock valued at $27,364,000 after acquiring an additional 6,208 shares in the last quarter. American Century Companies Inc. grew its position in Seneca Foods by 161.5% in the 1st quarter. American Century Companies Inc. now owns 70,929 shares of the company’s stock valued at $6,316,000 after acquiring an additional 43,805 shares in the last quarter. Invesco Ltd. grew its position in Seneca Foods by 80.0% in the 1st quarter. Invesco Ltd. now owns 52,492 shares of the company’s stock valued at $4,674,000 after acquiring an additional 23,329 shares in the last quarter. Bridgeway Capital Management LLC grew its position in Seneca Foods by 17.1% in the 1st quarter. Bridgeway Capital Management LLC now owns 35,765 shares of the company’s stock valued at $3,185,000 after acquiring an additional 5,214 shares in the last quarter. Finally, Shufro Rose & Co. LLC grew its position in Seneca Foods by 259.1% in the 1st quarter. Shufro Rose & Co. LLC now owns 34,650 shares of the company’s stock valued at $3,085,000 after acquiring an additional 25,000 shares in the last quarter. 42.51% of the stock is owned by institutional investors and hedge funds.

Seneca Foods Stock Performance

Shares of Seneca Foods stock opened at $122.04 on Friday. Seneca Foods Corp. has a one year low of $60.92 and a one year high of $123.27. The company has a market cap of $837.19 million, a PE ratio of 19.59 and a beta of 0.19. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.66 and a current ratio of 4.11. The business has a 50-day simple moving average of $109.60 and a 200-day simple moving average of $99.33.

Seneca Foods (NASDAQ:SENEA) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.86 EPS for the quarter. The business had revenue of $297.46 million during the quarter. Seneca Foods had a return on equity of 10.07% and a net margin of 2.76%.

Wall Street Analysts Forecast Growth

SENEA has been the subject of several research reports. Wall Street Zen downgraded Seneca Foods from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Weiss Ratings reissued a “buy (b-)” rating on shares of Seneca Foods in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

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.