PDT Partners LLC Makes New Investment in Seneca Foods Co. (NASDAQ:SENEA)

PDT Partners LLC bought a new position in shares of Seneca Foods Co. (NASDAQ:SENEA) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 6,218 shares of the company’s stock, valued at approximately $388,000. PDT Partners LLC owned 0.09% of Seneca Foods as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SENEA. Oppenheimer & Close LLC bought a new position in shares of Seneca Foods in the second quarter valued at approximately $2,014,000. Bank of New York Mellon Corp boosted its position in shares of Seneca Foods by 3.9% in the second quarter. Bank of New York Mellon Corp now owns 27,294 shares of the company’s stock valued at $1,567,000 after acquiring an additional 1,013 shares during the period. Pullen Investment Management LLC boosted its position in shares of Seneca Foods by 2.5% in the second quarter. Pullen Investment Management LLC now owns 16,461 shares of the company’s stock valued at $945,000 after acquiring an additional 397 shares during the period. Acuitas Investments LLC boosted its position in shares of Seneca Foods by 0.5% in the second quarter. Acuitas Investments LLC now owns 57,488 shares of the company’s stock valued at $3,300,000 after acquiring an additional 309 shares during the period. Finally, Anchor Capital Advisors LLC boosted its position in shares of Seneca Foods by 3.1% in the second quarter. Anchor Capital Advisors LLC now owns 23,942 shares of the company’s stock valued at $1,374,000 after acquiring an additional 718 shares during the period. Institutional investors own 42.51% of the company’s stock.

Seneca Foods Price Performance

SENEA stock opened at $72.69 on Wednesday. The firm has a 50 day moving average of $65.15 and a 200-day moving average of $61.76. The company has a current ratio of 2.64, a quick ratio of 0.33 and a debt-to-equity ratio of 0.73. Seneca Foods Co. has a 12 month low of $43.89 and a 12 month high of $74.00. The firm has a market capitalization of $500.83 million, a P/E ratio of 12.47 and a beta of 0.29.

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.