Superior Group of Companies Inc (NASDAQ:SGC) insider Philip Koosed sold 25,000 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $17.17, for a total value of $429,250.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of SGC opened at $19.25 on Friday. The firm has a market capitalization of $294.72 million, a price-to-earnings ratio of 11.46, a PEG ratio of 1.65 and a beta of 0.56. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.80 and a current ratio of 2.86. The business’s fifty day moving average price is $13.10 and its two-hundred day moving average price is $10.89. Superior Group of Companies Inc has a 52 week low of $6.10 and a 52 week high of $19.93.

Superior Group of Companies (NASDAQ:SGC) last announced its quarterly earnings data on Wednesday, July 29th. The textile maker reported $1.00 EPS for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.76. The firm had revenue of $159.36 million for the quarter, compared to analyst estimates of $104.13 million. Superior Group of Companies had a return on equity of 16.16% and a net margin of 5.64%. As a group, research analysts forecast that Superior Group of Companies Inc will post 0.75 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 11th will be given a $0.10 dividend. The ex-dividend date is Monday, August 10th. This represents a $0.40 dividend on an annualized basis and a yield of 2.08%.

A number of equities research analysts recently commented on SGC shares. ValuEngine upgraded Superior Group of Companies from a “sell” rating to a “hold” rating in a research report on Thursday, June 11th. Zacks Investment Research lowered Superior Group of Companies from a “hold” rating to a “sell” rating in a research report on Thursday, June 4th. Finally, Barrington Research restated an “outperform” rating and set a $21.00 price target (up from $13.00) on shares of Superior Group of Companies in a research report on Thursday.

A number of institutional investors and hedge funds have recently made changes to their positions in SGC. Parametric Portfolio Associates LLC lifted its stake in shares of Superior Group of Companies by 13.8% in the 1st quarter. Parametric Portfolio Associates LLC now owns 11,516 shares of the textile maker’s stock valued at $97,000 after purchasing an additional 1,396 shares during the period. North Star Investment Management Corp. lifted its stake in shares of Superior Group of Companies by 3.4% in the 1st quarter. North Star Investment Management Corp. now owns 47,681 shares of the textile maker’s stock valued at $403,000 after purchasing an additional 1,574 shares during the period. HighTower Advisors LLC lifted its stake in shares of Superior Group of Companies by 13.8% in the 1st quarter. HighTower Advisors LLC now owns 16,451 shares of the textile maker’s stock valued at $140,000 after purchasing an additional 2,000 shares during the period. BlackRock Inc. lifted its stake in shares of Superior Group of Companies by 0.5% in the 1st quarter. BlackRock Inc. now owns 657,089 shares of the textile maker’s stock valued at $5,558,000 after purchasing an additional 3,392 shares during the period. Finally, Nuveen Asset Management LLC lifted its stake in shares of Superior Group of Companies by 11.0% in the 1st quarter. Nuveen Asset Management LLC now owns 36,762 shares of the textile maker’s stock valued at $311,000 after purchasing an additional 3,634 shares during the period. Hedge funds and other institutional investors own 38.43% of the company’s stock.

About Superior Group of Companies

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.

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