Seneca Foods Co. (NASDAQ:SENEA) Shares Bought by Lazard Asset Management LLC

Lazard Asset Management LLC lifted its holdings in Seneca Foods Co. (NASDAQ:SENEAGet Rating) by 4,672.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,768 shares of the company’s stock after acquiring an additional 2,710 shares during the period. Lazard Asset Management LLC’s holdings in Seneca Foods were worth $153,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in SENEA. Dorsey Wright & Associates acquired a new stake in shares of Seneca Foods in the second quarter worth $41,000. Amalgamated Bank acquired a new stake in shares of Seneca Foods in the first quarter worth $143,000. MetLife Investment Management LLC boosted its stake in shares of Seneca Foods by 57.0% in the first quarter. MetLife Investment Management LLC now owns 3,760 shares of the company’s stock valued at $194,000 after purchasing an additional 1,365 shares during the period. Atria Wealth Solutions Inc. purchased a new position in shares of Seneca Foods in the first quarter valued at $223,000. Finally, Citigroup Inc. boosted its stake in shares of Seneca Foods by 10.7% in the first quarter. Citigroup Inc. now owns 5,058 shares of the company’s stock valued at $261,000 after purchasing an additional 488 shares during the period. Institutional investors and hedge funds own 56.60% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Seneca Foods in a research note on Wednesday, October 12th. They issued a “hold” rating for the company.

Seneca Foods Trading Up 2.8 %

NASDAQ SENEA opened at $66.20 on Tuesday. Seneca Foods Co. has a 12 month low of $41.54 and a 12 month high of $68.74. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.26 and a quick ratio of 0.41. The company has a market capitalization of $502.19 million, a price-to-earnings ratio of 11.91 and a beta of 0.70. The company’s fifty day moving average price is $57.51 and its two-hundred day moving average price is $56.34.

About Seneca Foods

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Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and bottled 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.

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

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