BlackRock Inc. lifted its holdings in Superior Group of Companies Inc (NASDAQ:SGC) by 0.4% in the 4th quarter, Holdings Channel reports. The firm owned 542,623 shares of the textile maker’s stock after buying an additional 1,941 shares during the quarter. BlackRock Inc.’s holdings in Superior Group of Companies were worth $9,577,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Renaissance Technologies LLC lifted its stake in shares of Superior Group of Companies by 4.3% in the 3rd quarter. Renaissance Technologies LLC now owns 222,500 shares of the textile maker’s stock valued at $4,232,000 after purchasing an additional 9,200 shares during the last quarter. North Star Investment Management Corp. lifted its stake in shares of Superior Group of Companies by 90.3% in the 4th quarter. North Star Investment Management Corp. now owns 128,702 shares of the textile maker’s stock valued at $2,272,000 after purchasing an additional 61,077 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Superior Group of Companies by 4.7% in the 3rd quarter. Wells Fargo & Company MN now owns 100,730 shares of the textile maker’s stock valued at $1,916,000 after purchasing an additional 4,514 shares during the last quarter. Opus Capital Group LLC lifted its stake in shares of Superior Group of Companies by 2.4% in the 4th quarter. Opus Capital Group LLC now owns 88,357 shares of the textile maker’s stock valued at $1,559,000 after purchasing an additional 2,032 shares during the last quarter. Finally, Martingale Asset Management L P lifted its stake in shares of Superior Group of Companies by 3.9% in the 3rd quarter. Martingale Asset Management L P now owns 29,103 shares of the textile maker’s stock valued at $554,000 after purchasing an additional 1,100 shares during the last quarter. 36.02% of the stock is owned by institutional investors and hedge funds.

Shares of SGC opened at $18.03 on Monday. The firm has a market capitalization of $276.65 million, a P/E ratio of 15.28, a PEG ratio of 1.03 and a beta of -0.22. Superior Group of Companies Inc has a one year low of $15.01 and a one year high of $27.50. The company has a current ratio of 4.25, a quick ratio of 2.80 and a debt-to-equity ratio of 0.74.

Superior Group of Companies (NASDAQ:SGC) last announced its earnings results on Thursday, February 21st. The textile maker reported $0.30 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.04). Superior Group of Companies had a return on equity of 12.43% and a net margin of 4.90%. The firm had revenue of $95.00 million during the quarter, compared to the consensus estimate of $93.31 million. On average, research analysts expect that Superior Group of Companies Inc will post 1.3 EPS for the current fiscal year.

Several brokerages recently commented on SGC. BidaskClub upgraded shares of Superior Group of Companies from a “hold” rating to a “buy” rating in a report on Saturday, January 5th. Zacks Investment Research downgraded shares of Superior Group of Companies from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. ValuEngine upgraded shares of Superior Group of Companies from a “strong sell” rating to a “sell” rating in a report on Tuesday, April 16th. Finally, Barrington Research reiterated a “buy” rating and issued a $27.00 target price on shares of Superior Group of Companies in a report on Wednesday, February 20th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company’s stock. Superior Group of Companies has a consensus rating of “Hold” and a consensus target price of $23.00.

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Superior Group of Companies Company Profile

Superior Group of Companies, Inc manufactures and sells apparel and accessories in the United States and internationally. It operates through three segments: Uniforms and Related Products, Remote Staffing Solutions, and Promotional Products. The Uniforms and Related Products segment manufactures and sells a range of uniforms, corporate identity apparel, career apparel, and accessories for personnel of hospitals and health facilities; hotels; food service facilities; retail stores; general and special purpose industrial uses; commercial enterprises; airlines; public and private safety and security organizations; and miscellaneous service uses.

Further Reading: Yield Curve

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Institutional Ownership by Quarter for Superior Group of Companies (NASDAQ:SGC)

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