BNP Paribas Arbitrage SA grew its position in shares of Superior Industries International, Inc. (NYSE:SUP) by 51.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,070 shares of the auto parts company’s stock after buying an additional 3,094 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Superior Industries International were worth $186,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Teachers Advisors LLC boosted its holdings in Superior Industries International by 2.7% in the fourth quarter. Teachers Advisors LLC now owns 41,103 shares of the auto parts company’s stock worth $1,083,000 after purchasing an additional 1,076 shares during the last quarter. First Trust Advisors LP boosted its holdings in 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 worth $2,475,000 after purchasing an additional 28,868 shares during the last quarter. Comerica Bank boosted its holdings in Superior Industries International by 2.3% in the first quarter. Comerica Bank now owns 24,906 shares of the auto parts company’s stock worth $555,000 after purchasing an additional 556 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings 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 worth $116,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Karp Capital Management Corp purchased a new stake in Superior Industries International in the first quarter worth approximately $296,000. Hedge funds and other institutional investors own 82.18% of the company’s stock.

In other news, CEO Donald J. Stebbins purchased 16,090 shares of the stock in a transaction that occurred on Friday, August 11th. The shares were purchased at an average cost of $15.77 per share, with a total value of $253,739.30. Following the completion of the acquisition, the chief executive officer now owns 105,459 shares of the company’s stock, valued at approximately $1,663,088.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Shawn Pallagi purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The shares were purchased at an average cost of $14.64 per share, for a total transaction of $146,400.00. Following the completion of the acquisition, the senior vice president now directly owns 10,952 shares of the company’s stock, valued at approximately $160,337.28. The disclosure for this purchase can be found here. Insiders have purchased 76,596 shares of company stock worth $1,161,839 over the last three months. 1.50% of the stock is currently owned by insiders.

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Several equities research analysts recently issued reports on the stock. 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 issued a $31.00 target price 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. ValuEngine cut shares of Superior Industries International from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, TheStreet cut shares of Superior Industries International from a “b-” rating to a “c+” rating in a report on Tuesday, June 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $24.67.

Shares of Superior Industries International, Inc. (SUP) opened at 16.70 on Tuesday. The stock’s 50 day moving average is $15.48 and its 200 day moving average is $20.03. Superior Industries International, Inc. has a 12 month low of $14.00 and a 12 month high of $30.12. The company has a market capitalization of $415.90 million, a P/E ratio of 62.78 and a beta of 0.72.

Superior Industries International (NYSE:SUP) last released 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 business had revenue of $240.60 million during the quarter, compared to analysts’ expectations of $190.98 million. During the same period last year, the company earned $0.52 earnings per share. The firm’s revenue was up 31.7% on a year-over-year basis. On average, equities analysts predict that Superior Industries International, Inc. will post $1.45 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 19th. Investors 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 2.15%. The ex-dividend date is Wednesday, October 4th. Superior Industries International’s dividend payout ratio (DPR) is presently 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.

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

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