Superior Industries International, Inc. (NYSE:SUP) has been given a consensus recommendation of “Hold” by the seven analysts that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $24.67.

SUP has been the subject of several research analyst reports. ValuEngine downgraded shares of Superior Industries International from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. TheStreet downgraded shares of Superior Industries International from a “b-” rating to a “c+” rating in a research report on Tuesday, June 6th. Zacks Investment Research upgraded shares of Superior Industries International from a “sell” rating to a “hold” rating in a research report on Tuesday, July 4th. FBR & Co restated an “outperform” rating and set a $31.00 price objective on shares of Superior Industries International in a research report on Tuesday, July 18th. Finally, BidaskClub downgraded shares of Superior Industries International from a “hold” rating to a “sell” rating in a research report on Friday, July 28th.

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Shares of Superior Industries International (NYSE:SUP) opened at 15.65 on Friday. The company has a market capitalization of $389.75 million, a price-to-earnings ratio of 58.83 and a beta of 0.72. Superior Industries International has a 1-year low of $14.00 and a 1-year high of $30.12. The stock has a 50 day moving average price of $15.73 and a 200 day moving average price of $20.22.

Superior Industries International (NYSE:SUP) last announced its quarterly earnings data on Friday, August 4th. The auto parts company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.11). Superior Industries International had a net margin of 1.23% and a return on equity of 9.54%. The firm had revenue of $240.60 million for the quarter, compared to analyst estimates of $190.98 million. During the same quarter in the prior year, the firm earned $0.52 earnings per share. The firm’s revenue for the quarter was up 31.7% on a year-over-year basis. Analysts forecast that Superior Industries International will post $1.45 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 19th. Shareholders of record on Thursday, October 5th will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Wednesday, October 4th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.30%. Superior Industries International’s payout ratio is presently 144.00%.

In related news, Director Jack A. Hockema bought 20,000 shares of the firm’s stock in a transaction on Wednesday, August 9th. The shares were purchased at an average price of $16.38 per share, with a total value of $327,600.00. Following the completion of the purchase, the director now owns 6,915 shares in the company, valued at approximately $113,267.70. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Shawn Pallagi bought 10,000 shares of the firm’s stock in a transaction on Wednesday, August 23rd. The shares were bought at an average cost of $14.64 per share, for a total transaction of $146,400.00. Following the purchase, the senior vice president now owns 10,952 shares of the company’s stock, valued at approximately $160,337.28. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 76,596 shares of company stock worth $1,161,839. Insiders own 1.50% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of SUP. Teachers Advisors LLC grew its stake in shares of Superior Industries International by 2.7% during the fourth quarter. Teachers Advisors LLC now owns 41,103 shares of the auto parts company’s stock worth $1,083,000 after buying an additional 1,076 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Superior Industries International by 42.0% during the first quarter. First Trust Advisors LP now owns 97,623 shares of the auto parts company’s stock worth $2,475,000 after buying an additional 28,868 shares during the last quarter. Comerica Bank grew its stake in shares of Superior Industries International by 2.3% during the first quarter. Comerica Bank now owns 24,906 shares of the auto parts company’s stock worth $555,000 after buying an additional 556 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Superior Industries International by 715.6% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,559 shares of the auto parts company’s stock worth $116,000 after buying an additional 4,000 shares during the last quarter. Finally, Karp Capital Management Corp bought a new stake in shares of Superior Industries International during the first quarter worth $296,000. 82.20% of the stock is currently owned by hedge funds and other institutional investors.

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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