43,096 Shares in Superior Industries International, Inc. (NYSE:SUP) Acquired by Jane Street Group LLC

Jane Street Group LLC acquired a new stake in Superior Industries International, Inc. (NYSE:SUP) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 43,096 shares of the auto parts company’s stock, valued at approximately $88,000. Jane Street Group LLC owned approximately 0.15% of Superior Industries International at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Proficio Capital Partners LLC bought a new stake in shares of Superior Industries International during the fourth quarter valued at about $153,000. Heron Bay Capital Management purchased a new position in Superior Industries International during the fourth quarter valued at approximately $85,000. Rangeley Capital LLC bought a new stake in Superior Industries International during the 4th quarter worth approximately $204,000. Finally, Nierenberg Investment Management Company Inc. increased its holdings in Superior Industries International by 15.5% during the 4th quarter. Nierenberg Investment Management Company Inc. now owns 128,793 shares of the auto parts company’s stock worth $263,000 after acquiring an additional 17,238 shares during the period. Institutional investors own 56.20% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of Superior Industries International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 13th.

Superior Industries International Stock Down 9.7%

Superior Industries International stock opened at $0.42 on Monday. The stock has a market cap of $12.38 million, a price-to-earnings ratio of -0.11 and a beta of 3.00. The business has a 50-day simple moving average of $1.61 and a 200 day simple moving average of $1.93. Superior Industries International, Inc. has a 52 week low of $0.41 and a 52 week high of $3.66.

Superior Industries International (NYSE:SUP) last issued its quarterly earnings data on Monday, May 12th. The auto parts company reported ($0.92) EPS for the quarter, missing the consensus estimate of ($0.53) by ($0.39). The firm had revenue of $321.60 million during the quarter, compared to the consensus estimate of $307.74 million.

About Superior Industries International

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.