Seneca Foods Corp (NASDAQ:SENEA) Institutional Investor Sentiment Trend

June 15, 2018 - By Kenneth Lin

Seneca Foods Corporation (NASDAQ:SENEA) Logo

Sentiment for Seneca Foods Corp (NASDAQ:SENEA)

Seneca Foods Corp (NASDAQ:SENEA) institutional sentiment increased to 0.94 in Q1 2018. Its up 0.05, from 0.89 in 2017Q4. The ratio increased, as 33 hedge funds started new or increased holdings, while 35 cut down and sold their stakes in Seneca Foods Corp. The hedge funds in our partner’s database reported: 5.27 million shares, down from 5.35 million shares in 2017Q4. Also, the number of hedge funds holding Seneca Foods Corp in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 3 Reduced: 32 Increased: 22 New Position: 11.

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company has market cap of $279.92 million. It offers canned and frozen produce, bottled produce, snack chips, and other food products under the private label, as well as under various national and regional brands that the firm owns or licenses, including Seneca, LibbyÂ’s, Aunt NellieÂ’s, READ, Green Valley, Cherryman, and Seneca Farms. It has a 68.71 P/E ratio. The firm also packs Green Giant, Le Sueur, and other brands of canned vegetables, as well as selected Green Giant frozen vegetables for B&G Foods North America under a contract packing agreement.

The stock increased 6.31% or $1.7 during the last trading session, reaching $28.65. About 52,708 shares traded or 81.51% up from the average. Seneca Foods Corporation (NASDAQ:SENEA) has declined 13.57% since June 15, 2017 and is downtrending. It has underperformed by 26.14% the S&P500.

P.R. Herzig & Co. Inc. holds 4.1% of its portfolio in Seneca Foods Corporation for 73,550 shares. Pennsylvania Trust Co owns 734,879 shares or 0.95% of their US portfolio. Moreover, Shufro Rose & Co Llc has 0.1% invested in the company for 36,150 shares. The New York-based Robotti Robert has invested 0.06% in the stock. Brandes Investment Partners Lp, a California-based fund reported 45,462 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: