7,546 Shares in Seneca Foods Corp. $SENEA Purchased by Range Financial Group LLC

Range Financial Group LLC acquired a new position in shares of Seneca Foods Corp. (NASDAQ:SENEA) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 7,546 shares of the company’s stock, valued at approximately $1,140,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. EverSource Wealth Advisors LLC purchased a new stake in shares of Seneca Foods in the second quarter worth approximately $36,000. Quarry LP purchased a new position in Seneca Foods during the third quarter valued at approximately $57,000. Employees Retirement System of Texas purchased a new position in Seneca Foods during the third quarter valued at approximately $64,000. Van ECK Associates Corp increased its stake in Seneca Foods by 34.8% in the 3rd quarter. Van ECK Associates Corp now owns 818 shares of the company’s stock valued at $88,000 after buying an additional 211 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in Seneca Foods by 36.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 993 shares of the company’s stock valued at $101,000 after buying an additional 267 shares during the period. Hedge funds and other institutional investors own 42.51% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on SENEA shares. Weiss Ratings upgraded shares of Seneca Foods from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, June 15th. Wall Street Zen raised shares of Seneca Foods from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 13th. Finally, Freedom Capital upgraded Seneca Foods to a “strong-buy” rating in a report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to data from MarketBeat.com, Seneca Foods currently has an average rating of “Strong Buy”.

Seneca Foods Price Performance

Shares of SENEA opened at $174.82 on Friday. The firm has a market cap of $1.18 billion, a PE ratio of 10.53 and a beta of -0.07. The firm’s 50 day moving average price is $153.40 and its 200 day moving average price is $139.23. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.07 and a current ratio of 5.06. Seneca Foods Corp. has a twelve month low of $98.61 and a twelve month high of $187.61.

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.