BidaskClub upgraded shares of Seneca Foods (NASDAQ:SENEA) from a sell rating to a hold rating in a research report released on Saturday morning, BidAskClub reports.

Separately, ValuEngine raised shares of Seneca Foods from a sell rating to a hold rating in a research note on Thursday, April 2nd.

NASDAQ:SENEA opened at $33.89 on Friday. The company has a current ratio of 3.47, a quick ratio of 0.62 and a debt-to-equity ratio of 0.69. Seneca Foods has a twelve month low of $24.48 and a twelve month high of $41.88. The firm has a market cap of $301.59 million, a price-to-earnings ratio of 13.89 and a beta of 0.53. The company has a 50-day moving average of $34.23 and a 200-day moving average of $36.46.

A number of hedge funds have recently bought and sold shares of SENEA. State Street Corp lifted its position in shares of Seneca Foods by 7.9% in the first quarter. State Street Corp now owns 227,679 shares of the company’s stock worth $9,057,000 after purchasing an additional 16,743 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Seneca Foods by 54.8% in the fourth quarter. Renaissance Technologies LLC now owns 122,100 shares of the company’s stock worth $4,980,000 after purchasing an additional 43,200 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Seneca Foods by 9.2% in the first quarter. Geode Capital Management LLC now owns 103,858 shares of the company’s stock worth $4,131,000 after purchasing an additional 8,722 shares in the last quarter. Martingale Asset Management L P lifted its position in shares of Seneca Foods by 4.7% in the first quarter. Martingale Asset Management L P now owns 47,117 shares of the company’s stock worth $1,875,000 after purchasing an additional 2,110 shares in the last quarter. Finally, Assenagon Asset Management S.A. purchased a new stake in shares of Seneca Foods in the first quarter worth approximately $1,645,000. 51.05% of the stock is owned by institutional investors.

Seneca Foods Company Profile

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. It offers canned, frozen, and bottled produce; 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, READ, Green Valley, Cherryman, and Seneca Farms.

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