Heron Bay Capital Management Purchases Shares of 41,877 Superior Industries International, Inc. (NYSE:SUP)

Heron Bay Capital Management purchased a new stake in Superior Industries International, Inc. (NYSE:SUP) during the 4th quarter, Holdings Channel reports. The firm purchased 41,877 shares of the auto parts company’s stock, valued at approximately $85,000.

Separately, Corsair Capital Management L.P. acquired a new position in shares of Superior Industries International during the 3rd quarter worth about $72,000. Institutional investors own 56.20% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Superior Industries International from a “hold” rating to a “buy” rating in a research note on Saturday, March 15th.

Superior Industries International Price Performance

Superior Industries International stock opened at $2.50 on Friday. The firm has a market capitalization of $72.11 million, a PE ratio of -0.63 and a beta of 3.47. The company’s 50-day moving average is $2.01 and its 200-day moving average is $2.37. Superior Industries International, Inc. has a fifty-two week low of $1.50 and a fifty-two week high of $4.57.

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.