Swiss National Bank held its position in shares of Superior Industries International, Inc. (NYSE:SUP) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,600 shares of the auto parts company’s stock at the end of the first quarter. Swiss National Bank owned 0.14% of Superior Industries International worth $902,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of 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. Comerica Bank increased its stake in shares of Superior Industries International by 2.3% in the first quarter. Comerica Bank now owns 24,906 shares of the auto parts company’s stock valued at $555,000 after buying an additional 556 shares in the last quarter. Capital Fund Management S.A. increased its stake in shares of Superior Industries International by 411.0% in the first quarter. Capital Fund Management S.A. now owns 41,395 shares of the auto parts company’s stock valued at $1,049,000 after buying an additional 33,295 shares in the last quarter. First Trust Advisors LP increased its stake in shares of Superior Industries International by 42.0% in the first quarter. First Trust Advisors LP now owns 97,623 shares of the auto parts company’s stock valued at $2,475,000 after buying an additional 28,868 shares in the last quarter. Finally, Eqis Capital Management Inc. purchased a new stake in shares of Superior Industries International during the first quarter valued at $208,000. Institutional investors own 84.68% of the company’s stock.

Shares of Superior Industries International, Inc. (NYSE SUP) traded down 6.53% during mid-day trading on Friday, hitting $17.90. 248,620 shares of the stock were exchanged. The company has a market capitalization of $445.84 million, a PE ratio of 15.14 and a beta of 0.66. The firm has a 50-day moving average price of $19.86 and a 200 day moving average price of $22.04. Superior Industries International, Inc. has a 12-month low of $17.80 and a 12-month high of $30.50.

Superior Industries International (NYSE:SUP) last issued its quarterly earnings data on Friday, August 4th. The auto parts company reported ($0.41) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by $0.89. The company had revenue of $240.60 million for the quarter, compared to analysts’ expectations of $190.98 million. Superior Industries International had a return on equity of 10.26% and a net margin of 4.17%. The business’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same period last year, the company posted $0.52 EPS. On average, equities research analysts expect that Superior Industries International, Inc. will post $1.83 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 19th. Shareholders of record on Wednesday, July 5th were paid a $0.09 dividend. The ex-dividend date of this dividend was Friday, June 30th. This represents a $0.36 dividend on an annualized basis and a yield of 2.01%. Superior Industries International’s dividend payout ratio is currently 30.51%.

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A number of research firms have commented on SUP. B. Riley reissued a “buy” rating and issued a $31.00 target price on shares of Superior Industries International in a research report on Tuesday, April 25th. BidaskClub cut shares of Superior Industries International from a “hold” rating to a “sell” rating in a report on Friday, July 28th. FBR & Co restated an “outperform” rating and set a $31.00 price target on shares of Superior Industries International in a report on Tuesday, July 18th. Zacks Investment Research upgraded shares of Superior Industries International from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. Finally, ValuEngine cut shares of Superior Industries International from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $31.00.

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.

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

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