Metropolitan Life Insurance Co. NY maintained its position in shares of Superior Industries International, Inc. (NYSE:SUP) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,609 shares of the auto parts company’s stock at the end of the first quarter. Metropolitan Life Insurance Co. NY owned approximately 0.07% of Superior Industries International worth $472,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of SUP. Zurcher Kantonalbank Zurich Cantonalbank raised its stake 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 during the period. Mason Street Advisors LLC raised its stake 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 during the period. Eqis Capital Management Inc. acquired a new stake in Superior Industries International during the first quarter valued at $208,000. KCG Holdings Inc. acquired a new stake in Superior Industries International during the first quarter valued at $239,000. Finally, Karp Capital Management Corp acquired a new stake in Superior Industries International during the first quarter valued at $296,000. Institutional investors own 82.36% of the company’s stock.

Shares of Superior Industries International, Inc. (NYSE SUP) traded down 2.17% during mid-day trading on Monday, hitting $15.75. The stock had a trading volume of 14,657 shares. The stock has a market cap of $392.24 million, a P/E ratio of 59.21 and a beta of 0.66. Superior Industries International, Inc. has a 12 month low of $15.07 and a 12 month high of $30.50. The firm has a 50 day moving average price of $19.31 and a 200-day moving average price of $21.69.

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. The firm had revenue of $240.60 million for the quarter, compared to the consensus estimate of $190.98 million. Superior Industries International had a net margin of 1.23% and a return on equity of 9.54%. Superior Industries International’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.52 earnings per share. On average, equities research analysts forecast that Superior Industries International, Inc. will post $1.65 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 19th. Investors of record on Wednesday, July 5th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 2.24%. The ex-dividend date of this dividend was Friday, June 30th. Superior Industries International’s dividend payout ratio is presently 144.00%.

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SUP has been the topic of a number of recent research reports. FBR & Co reissued an “outperform” rating and set a $31.00 price target on shares of Superior Industries International in a research note on Tuesday, July 18th. ValuEngine lowered Superior Industries International from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. B. Riley reissued a “buy” rating and set a $31.00 price target on shares of Superior Industries International in a research note on Sunday, April 30th. BidaskClub raised Superior Industries International from a “sell” rating to a “hold” rating in a research note on Saturday, August 5th. Finally, TheStreet lowered Superior Industries International from a “b-” rating to a “c+” rating in a research note on Tuesday, June 6th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Superior Industries International currently has an average rating of “Hold” and a consensus price target of $28.00.

In related news, Director Jack A. Hockema bought 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 9th. The stock was bought at an average cost of $16.38 per share, for a total transaction of $327,600.00. Following the acquisition, the director now directly owns 6,915 shares of the company’s stock, valued at approximately $113,267.70. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

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.

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

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