Bailard Inc. Makes New $271,000 Investment in Superior Industries International, Inc. (NYSE:SUP)

Bailard Inc. bought a new stake in shares of Superior Industries International, Inc. (NYSE:SUP) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 84,763 shares of the auto parts company’s stock, valued at approximately $271,000. Bailard Inc. owned approximately 0.30% of Superior Industries International at the end of the most recent quarter.

Separately, Janney Montgomery Scott LLC increased its stake in Superior Industries International by 10.5% during the third quarter. Janney Montgomery Scott LLC now owns 44,559 shares of the auto parts company’s stock worth $135,000 after acquiring an additional 4,230 shares during the last quarter. 56.20% of the stock is currently owned by institutional investors and hedge funds.

Superior Industries International Stock Up 8.6 %

NYSE:SUP opened at $4.02 on Monday. The business has a 50 day simple moving average of $3.34 and a 200-day simple moving average of $3.11. Superior Industries International, Inc. has a 1 year low of $2.49 and a 1 year high of $5.03.

Superior Industries International (NYSE:SUP) last issued its quarterly earnings results on Thursday, March 7th. The auto parts company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.44. The company had revenue of $308.60 million during the quarter, compared to the consensus estimate of $402.10 million.

Superior Industries International Company Profile

Superior Industries International, Inc, together with its subsidiaries, designs, manufactures, and sells aluminum wheels to the original equipment manufacturers and aftermarket distributors in North America and Europe. It offers its products under the ATS, RIAL, ALUTEC, and ANZIO brand names. The company was founded in 1957 and is headquartered in Southfield, Michigan.