Oppenheimer & Close LLC Sells 138 Shares of Seneca Foods Co. (NASDAQ:SENEA)

Oppenheimer & Close LLC lowered its stake in shares of Seneca Foods Co. (NASDAQ:SENEA) by 0.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 63,644 shares of the company’s stock after selling 138 shares during the period. Seneca Foods accounts for 4.1% of Oppenheimer & Close LLC’s investment portfolio, making the stock its 6th largest position. Oppenheimer & Close LLC owned 0.92% of Seneca Foods worth $5,044,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS purchased a new stake in Seneca Foods in the fourth quarter valued at $87,000. American Century Companies Inc. raised its position in Seneca Foods by 171.8% in the fourth quarter. American Century Companies Inc. now owns 27,124 shares of the company’s stock valued at $2,150,000 after purchasing an additional 17,145 shares during the period. Royce & Associates LP raised its position in Seneca Foods by 17.4% in the fourth quarter. Royce & Associates LP now owns 300,363 shares of the company’s stock valued at $23,807,000 after purchasing an additional 44,462 shares during the period. Bailard Inc. purchased a new stake in Seneca Foods in the fourth quarter valued at $317,000. Finally, Metis Global Partners LLC purchased a new stake in Seneca Foods in the fourth quarter valued at $222,000. Institutional investors and hedge funds own 42.51% of the company’s stock.

Seneca Foods Price Performance

NASDAQ:SENEA opened at $87.85 on Friday. Seneca Foods Co. has a 52 week low of $51.79 and a 52 week high of $90.07. The company has a quick ratio of 0.36, a current ratio of 3.38 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $604.41 million, a P/E ratio of 16.03 and a beta of 0.16. The stock’s fifty day moving average is $79.32 and its two-hundred day moving average is $72.00.

Seneca Foods (NASDAQ:SENEA) last posted its earnings results on Thursday, February 6th. The company reported $3.29 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.