New York State Teachers Retirement System Purchases Shares of 425 Seneca Foods Corp. $SENEA

New York State Teachers Retirement System purchased a new stake in shares of Seneca Foods Corp. (NASDAQ:SENEA) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 425 shares of the company’s stock, valued at approximately $43,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Russell Investments Group Ltd. raised its holdings in Seneca Foods by 179.2% during the first quarter. Russell Investments Group Ltd. now owns 726 shares of the company’s stock valued at $65,000 after acquiring an additional 466 shares during the period. HFM Investment Advisors LLC purchased a new position in shares of Seneca Foods during the first quarter valued at about $71,000. Quantbot Technologies LP purchased a new position in shares of Seneca Foods during the first quarter valued at about $135,000. State of Wyoming grew its position in shares of Seneca Foods by 128.0% during the first quarter. State of Wyoming now owns 1,838 shares of the company’s stock valued at $164,000 after purchasing an additional 1,032 shares in the last quarter. Finally, Teacher Retirement System of Texas purchased a new position in shares of Seneca Foods during the first quarter valued at about $206,000. 42.51% of the stock is owned by institutional investors.

Seneca Foods Trading Down 5.5%

Shares of NASDAQ SENEA opened at $115.56 on Friday. The business’s 50 day moving average is $110.77 and its two-hundred day moving average is $100.14. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.11 and a quick ratio of 0.66. Seneca Foods Corp. has a 1-year low of $61.40 and a 1-year high of $124.00. The stock has a market capitalization of $792.74 million, a P/E ratio of 18.55 and a beta of 0.19.

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

Analysts Set New Price Targets

A number of brokerages have recently weighed in on SENEA. Wall Street Zen lowered Seneca Foods from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Weiss Ratings restated a “buy (b-)” rating on shares of Seneca Foods in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

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.