UBS Group AG Sells 3,797 Shares of Seneca Foods Corp. $SENEA

UBS Group AG decreased its holdings in Seneca Foods Corp. (NASDAQ:SENEA) by 16.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,387 shares of the company’s stock after selling 3,797 shares during the period. UBS Group AG owned about 0.28% of Seneca Foods worth $2,145,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of SENEA. EverSource Wealth Advisors LLC bought a new position in Seneca Foods in the second quarter worth approximately $36,000. Quarry LP bought a new position in Seneca Foods in the third quarter worth approximately $57,000. Employees Retirement System of Texas bought a new position in Seneca Foods in the third quarter worth approximately $64,000. Van ECK Associates Corp raised its stake in Seneca Foods by 34.8% in the third quarter. Van ECK Associates Corp now owns 818 shares of the company’s stock worth $88,000 after buying an additional 211 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its stake in Seneca Foods by 36.8% in the second quarter. Russell Investments Group Ltd. now owns 993 shares of the company’s stock worth $101,000 after buying an additional 267 shares in the last quarter. Institutional investors own 42.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Wall Street Zen raised shares of Seneca Foods from a “buy” rating to a “strong-buy” rating in a research note on Wednesday. Freedom Capital raised shares of Seneca Foods to a “strong-buy” rating in a research note on Wednesday, May 20th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Seneca Foods in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to MarketBeat, the company has a consensus rating of “Strong Buy”.

Seneca Foods Stock Performance

Shares of SENEA stock opened at $147.82 on Thursday. The business’s fifty day simple moving average is $145.29 and its 200-day simple moving average is $129.53. The company has a market cap of $1.00 billion, a PE ratio of 11.37 and a beta of -0.03. The company has a current ratio of 4.34, a quick ratio of 0.72 and a debt-to-equity ratio of 0.37. Seneca Foods Corp. has a 12-month low of $85.20 and a 12-month high of $167.51.

Seneca Foods Company Profile

Seneca Foods Corporation is a leading producer and distributor of shelf-stable fruits, vegetables and fruit?based products. The company’s core activities include the processing, packaging and sale of canned fruits and vegetables, natural fruit juices, apple sauces and fruit?based snacks. Seneca Foods caters to both retail and foodservice markets, supplying national and international grocers, restaurant chains and food manufacturers with branded and private?label products.

Seneca Foods operates a network of manufacturing facilities and cold storage warehouses across North America, with key processing plants in New York, Michigan, California and Canada.