Wells Fargo & Company MN Has $4.53 Million Holdings in Supreme Industries, Inc. (STS)
Wells Fargo & Company MN boosted its holdings in shares of Supreme Industries, Inc. (NYSE:STS) by 0.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 275,541 shares of the consumer goods maker’s stock after purchasing an additional 166 shares during the period. Wells Fargo & Company MN owned about 1.61% of Supreme Industries worth $4,533,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. SG Americas Securities LLC bought a new position in Supreme Industries during the second quarter worth about $188,000. Rhumbline Advisers lifted its stake in Supreme Industries by 6.1% during the second quarter. Rhumbline Advisers now owns 14,657 shares of the consumer goods maker’s stock worth $241,000 after purchasing an additional 840 shares during the period. Russell Investments Group Ltd. lifted its stake in Supreme Industries by 20.6% during the second quarter. Russell Investments Group Ltd. now owns 18,702 shares of the consumer goods maker’s stock worth $308,000 after purchasing an additional 3,198 shares during the period. Federated Investors Inc. PA lifted its stake in Supreme Industries by 54.7% during the second quarter. Federated Investors Inc. PA now owns 20,972 shares of the consumer goods maker’s stock worth $345,000 after purchasing an additional 7,415 shares during the period. Finally, Alps Advisors Inc. lifted its stake in Supreme Industries by 0.3% during the second quarter. Alps Advisors Inc. now owns 24,319 shares of the consumer goods maker’s stock worth $400,000 after purchasing an additional 62 shares during the period.
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In other news, major shareholder National Corp /De Wabash purchased 1,564,881 shares of the business’s stock in a transaction dated Wednesday, September 27th. The stock was bought at an average price of $21.00 per share, with a total value of $32,862,501.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.
Supreme Industries, Inc. (STS) opened at 21.00 on Friday. The company has a market cap of $360.36 million and a PE ratio of 23.73. Supreme Industries, Inc. has a 52 week low of $11.03 and a 52 week high of $22.00. The firm’s 50-day moving average is $20.97 and its 200-day moving average is $18.70.
Supreme Industries (NYSE:STS) last issued its quarterly earnings results on Monday, July 31st. The consumer goods maker reported $0.37 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.08). Supreme Industries had a return on equity of 23.88% and a net margin of 6.60%. The firm had revenue of $95.50 million for the quarter, compared to the consensus estimate of $113.06 million. During the same period last year, the company posted $0.48 EPS. The business’s revenue was up 2.8% on a year-over-year basis. On average, analysts expect that Supreme Industries, Inc. will post $1.15 EPS for the current fiscal year.
STS has been the subject of a number of analyst reports. BidaskClub cut shares of Supreme Industries from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 19th. ValuEngine cut shares of Supreme Industries from a “buy” rating to a “hold” rating in a research note on Monday, July 17th.
Supreme Industries Company Profile
Supreme Industries, Inc (Supreme) is a manufacturer of specialized vehicles, including truck bodies and specialty vehicles. The Company operates through two segments: specialized commercial vehicles and fiberglass products. The Company manufactures specialized commercial vehicles that are attached to a truck chassis.
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