Opus Capital Group LLC raised its position in Superior Group of Companies Inc (NASDAQ:SGC) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 88,357 shares of the textile maker’s stock after purchasing an additional 2,032 shares during the quarter. Opus Capital Group LLC owned 0.58% of Superior Group of Companies worth $1,559,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SGC. BlackRock Inc. raised its position in Superior Group of Companies by 14.3% in the second quarter. BlackRock Inc. now owns 532,457 shares of the textile maker’s stock valued at $11,027,000 after purchasing an additional 66,787 shares during the period. North Star Investment Management Corp. increased its position in shares of Superior Group of Companies by 90.3% during the fourth quarter. North Star Investment Management Corp. now owns 128,702 shares of the textile maker’s stock worth $2,272,000 after acquiring an additional 61,077 shares during the period. Bridgeway Capital Management Inc. purchased a new stake in shares of Superior Group of Companies during the third quarter worth $485,000. Bahl & Gaynor Inc. increased its position in shares of Superior Group of Companies by 52.5% during the third quarter. Bahl & Gaynor Inc. now owns 56,978 shares of the textile maker’s stock worth $1,084,000 after acquiring an additional 19,609 shares during the period. Finally, First Wilshire Securities Management Inc. purchased a new stake in shares of Superior Group of Companies during the third quarter worth $313,000. 35.36% of the stock is currently owned by institutional investors.

Superior Group of Companies stock opened at $17.97 on Tuesday. Superior Group of Companies Inc has a twelve month low of $15.30 and a twelve month high of $28.49. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.79 and a current ratio of 4.18. The firm has a market cap of $274.46 million, a PE ratio of 14.38, a P/E/G ratio of 0.89 and a beta of -0.16.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 27th. Stockholders of record on Wednesday, February 13th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date is Tuesday, February 12th. Superior Group of Companies’s dividend payout ratio is currently 32.00%.

A number of analysts have recently weighed in on SGC shares. TheStreet lowered Superior Group of Companies from a “b-” rating to a “c+” rating in a research report on Thursday, November 1st. Barrington Research set a $27.00 price objective on Superior Group of Companies and gave the stock a “buy” rating in a research report on Wednesday, October 31st. BidaskClub lowered Superior Group of Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 17th. Finally, Zacks Investment Research raised Superior Group of Companies from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research report on Tuesday, November 6th.

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Superior Group of Companies 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 the personnel of hospitals and health facilities; hotels, commercial buildings, residential buildings, and food service facilities; retail stores; general and special purpose industrial uses; commercial enterprises; public and private safety and security organizations; and miscellaneous service uses.

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

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