Superior Industries International, Inc. (SUP) Stake Held by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky continued to hold its position in Superior Industries International, Inc. (NYSE:SUP) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,300 shares of the auto parts company’s stock at the end of the first quarter. Teachers Retirement System of The State of Kentucky’s holdings in Superior Industries International were worth $286,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Superior Industries International by 715.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,559 shares of the auto parts company’s stock valued at $116,000 after buying an additional 4,000 shares in the last quarter. Mason Street Advisors LLC boosted its position in Superior Industries International by 4.9% in the first quarter. Mason Street Advisors LLC now owns 5,248 shares of the auto parts company’s stock valued at $133,000 after buying an additional 244 shares in the last quarter. Eqis Capital Management Inc. purchased a new position in Superior Industries International during the first quarter valued at about $208,000. KCG Holdings Inc. bought a new position in shares of Superior Industries International during the first quarter worth about $239,000. Finally, Karp Capital Management Corp bought a new position in shares of Superior Industries International during the first quarter worth about $296,000. 84.77% of the stock is owned by hedge funds and other institutional investors.

Shares of Superior Industries International, Inc. (NYSE SUP) traded down 0.163% on Thursday, reaching $15.325. 55,852 shares of the company’s stock were exchanged. Superior Industries International, Inc. has a 1-year low of $15.08 and a 1-year high of $30.50. The company has a market capitalization of $381.65 million, a P/E ratio of 57.613 and a beta of 0.66. The stock’s 50-day moving average price is $19.49 and its 200-day moving average price is $21.79.

Superior Industries International (NYSE:SUP) last released its quarterly earnings results on Friday, August 4th. The auto parts company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by $0.11. Superior Industries International had a return on equity of 9.54% and a net margin of 1.23%. The company had revenue of $240.60 million for the quarter, compared to the consensus estimate of $190.98 million. During the same quarter last year, the firm posted $0.52 earnings per share. The firm’s quarterly revenue was up 31.7% compared to the same quarter last year. Analysts anticipate that Superior Industries International, Inc. will post $1.90 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 19th. Shareholders of record on Wednesday, July 5th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, June 30th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.35%. Superior Industries International’s dividend payout ratio (DPR) is 144.00%.

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SUP has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Superior Industries International from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. ValuEngine cut shares of Superior Industries International from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. FBR & Co reaffirmed an “outperform” rating and issued a $31.00 target price on shares of Superior Industries International in a report on Tuesday, July 18th. BidaskClub cut shares of Superior Industries International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, TheStreet cut shares of Superior Industries International from a “b-” rating to a “c+” rating in a report on Tuesday, June 6th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $28.00.

Superior Industries International Company Profile

Superior Industries International, Inc is engaged in the design and manufacture of aluminum wheels for sale to original equipment manufacturers (OEMs). The Company supplies cast aluminum wheels to automobile and light truck manufacturers, with wheel manufacturing operations in the United States and Mexico.

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Institutional Ownership by Quarter for Superior Industries International (NYSE:SUP)

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