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

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

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

Superior Industries International Trading Up 8.6 %

Shares of SUP opened at $4.02 on Monday. The stock has a 50 day moving average price of $3.34 and a 200 day moving average price of $3.11. Superior Industries International, Inc. has a one year low of $2.49 and a one year high of $5.03.

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