Dimensional Fund Advisors LP increased its stake in shares of Seneca Foods Corp (NASDAQ:SENEA) by 1.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 660,274 shares of the company’s stock after purchasing an additional 6,371 shares during the quarter. Dimensional Fund Advisors LP owned 6.78% of Seneca Foods worth $22,251,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of SENEA. Comerica Bank acquired a new stake in Seneca Foods in the third quarter valued at $203,000. Alliancebernstein L.P. acquired a new stake in Seneca Foods in the third quarter valued at $239,000. First Manhattan Co. raised its stake in shares of Seneca Foods by 43,500.0% during the 3rd quarter. First Manhattan Co. now owns 8,720 shares of the company’s stock worth $293,000 after buying an additional 8,700 shares during the last quarter. California Public Employees Retirement System increased its position in Seneca Foods by 20.8% during the 2nd quarter. California Public Employees Retirement System now owns 11,717 shares of the company’s stock worth $316,000 after purchasing an additional 2,017 shares in the last quarter. Finally, OppenheimerFunds Inc. increased its position in Seneca Foods by 6.2% during the 2nd quarter. OppenheimerFunds Inc. now owns 30,114 shares of the company’s stock worth $813,000 after purchasing an additional 1,756 shares in the last quarter. 55.82% of the stock is owned by hedge funds and other institutional investors.
Separately, BidaskClub cut Seneca Foods from a “hold” rating to a “sell” rating in a report on Saturday, September 22nd.
Seneca Foods (NASDAQ:SENEA) last issued its earnings results on Friday, November 9th. The company reported ($0.58) earnings per share (EPS) for the quarter. Seneca Foods had a negative return on equity of 2.58% and a negative net margin of 0.45%. The firm had revenue of $320.66 million for the quarter.
Seneca Foods Profile
Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. It offers canned, frozen, and bottled produce; 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, READ, Green Valley, Cherryman, and Seneca Farms.
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