Ameriprise Financial Inc. Purchases 3,450 Shares of Seneca Foods Corp (SENEA)

Ameriprise Financial Inc. boosted its position in Seneca Foods Corp (NASDAQ:SENEA) by 10.3% in the third quarter, HoldingsChannel reports. The firm owned 36,834 shares of the company’s stock after acquiring an additional 3,450 shares during the period. Ameriprise Financial Inc.’s holdings in Seneca Foods were worth $1,271,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Thrivent Financial For Lutherans purchased a new stake in shares of Seneca Foods during the second quarter worth about $1,152,000. Dimensional Fund Advisors LP grew its stake in shares of Seneca Foods by 3.5% during the second quarter. Dimensional Fund Advisors LP now owns 603,460 shares of the company’s stock worth $18,738,000 after acquiring an additional 20,656 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Seneca Foods by 3.9% during the second quarter. Vanguard Group Inc. now owns 432,015 shares of the company’s stock worth $13,414,000 after acquiring an additional 16,025 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new stake in shares of Seneca Foods during the third quarter worth about $385,000. Finally, Northern Trust Corp grew its stake in shares of Seneca Foods by 10.8% during the second quarter. Northern Trust Corp now owns 86,526 shares of the company’s stock worth $2,686,000 after acquiring an additional 8,422 shares during the last quarter. Institutional investors and hedge funds own 55.79% of the company’s stock.

Separately, BidaskClub lowered Seneca Foods from a “hold” rating to a “sell” rating in a research note on Saturday, December 30th.

Shares of Seneca Foods Corp (NASDAQ SENEA) opened at $30.65 on Thursday. Seneca Foods Corp has a 52 week low of $27.75 and a 52 week high of $41.52. The firm has a market capitalization of $306.40, a PE ratio of 66.63 and a beta of 1.16. The company has a current ratio of 2.89, a quick ratio of 0.40 and a debt-to-equity ratio of 1.01.

TRADEMARK VIOLATION NOTICE: This news story was originally reported by Community Financial News and is owned by of Community Financial News. If you are viewing this news story on another domain, it was copied illegally and republished in violation of US and international trademark & copyright laws. The legal version of this news story can be viewed at https://www.com-unik.info/2018/01/11/ameriprise-financial-inc-purchases-3450-shares-of-seneca-foods-corp-senea.html.

Seneca Foods Company Profile

Seneca Foods Corporation is a provider of packaged fruits and vegetables. The Company manages its business through two segments: packaging and sale of fruits and vegetables, and packaging and sale of chip products. Its product offerings include canned fruits and vegetables, frozen vegetables and other food products, frozen and bottled produce, and snack chips.

Want to see what other hedge funds are holding SENEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Seneca Foods Corp (NASDAQ:SENEA).

Institutional Ownership by Quarter for Seneca Foods (NASDAQ:SENEA)

Receive News & Ratings for Seneca Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seneca Foods and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit