Shares of Superior Industries International, Inc. (NYSE:SUP) have been assigned a consensus recommendation of “Hold” from the seven analysts that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $24.67.

A number of analysts have recently weighed in on SUP shares. Zacks Investment Research upgraded Superior Industries International from a “sell” rating to a “hold” rating in a research note on Tuesday, July 4th. FBR & Co reiterated an “outperform” rating and issued a $31.00 price target on shares of Superior Industries International in a report on Tuesday, July 18th. BidaskClub cut Superior Industries International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, Buckingham Research decreased their price target on Superior Industries International from $21.00 to $18.00 and set a “neutral” rating on the stock in a report on Tuesday, August 15th.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this news story on another site, it was stolen and reposted in violation of United States & international copyright & trademark law. The legal version of this news story can be viewed at https://www.americanbankingnews.com/2017/10/12/superior-industries-international-inc-sup-receives-consensus-rating-of-hold-from-analysts.html.

In related news, Director James Strauss Mcelya bought 13,084 shares of Superior Industries International stock in a transaction on Monday, August 21st. The shares were purchased at an average price of $14.19 per share, for a total transaction of $185,661.96. Following the completion of the acquisition, the director now owns 27,376 shares in the company, valued at $388,465.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Shawn Pallagi bought 10,000 shares of Superior Industries International stock in a transaction on Wednesday, August 23rd. The shares were bought at an average price of $14.64 per share, for a total transaction of $146,400.00. Following the acquisition, 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 90 days, insiders have acquired 76,596 shares of company stock worth $1,161,839. Company insiders own 1.50% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its position in shares of Superior Industries International by 1.2% during the second quarter. PNC Financial Services Group Inc. now owns 5,616 shares of the auto parts company’s stock worth $115,000 after purchasing an additional 69 shares during the period. M&T Bank Corp raised its position in shares of Superior Industries International by 0.5% during the second quarter. M&T Bank Corp now owns 17,128 shares of the auto parts company’s stock worth $352,000 after purchasing an additional 77 shares during the period. Texas Permanent School Fund raised its position in shares of Superior Industries International by 0.7% during the second quarter. Texas Permanent School Fund now owns 16,366 shares of the auto parts company’s stock worth $336,000 after purchasing an additional 116 shares during the period. Teachers Advisors LLC raised its position in shares of Superior Industries International by 0.5% during the second quarter. Teachers Advisors LLC now owns 42,399 shares of the auto parts company’s stock worth $871,000 after purchasing an additional 211 shares during the period. Finally, Mason Street Advisors LLC raised its position in shares of Superior Industries International by 4.9% during the first quarter. Mason Street Advisors LLC now owns 5,248 shares of the auto parts company’s stock worth $133,000 after purchasing an additional 244 shares during the period. 82.18% of the stock is currently owned by institutional investors.

Shares of Superior Industries International (NYSE SUP) opened at 16.95 on Thursday. The firm has a market cap of $422.12 million, a P/E ratio of 63.72 and a beta of 0.74. Superior Industries International has a 12-month low of $14.00 and a 12-month high of $28.93. The company has a 50-day moving average of $15.76 and a 200 day moving average of $19.03.

Superior Industries International (NYSE:SUP) last announced its earnings results on Friday, August 4th. The auto parts company reported $0.37 earnings per share for the quarter, missing the Zacks’ 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 business had revenue of $240.60 million during the quarter, compared to analyst estimates of $190.98 million. During the same quarter last year, the business posted $0.52 earnings per share. The business’s quarterly revenue was up 31.7% compared to the same quarter last year. Equities analysts predict that Superior Industries International will post $1.45 EPS 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 issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Wednesday, October 4th. Superior Industries International’s dividend payout ratio (DPR) is currently 144.00%.

About Superior Industries International

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.

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