Arrowstreet Capital Limited Partnership grew its position in shares of Super Group Limited (NYSE:SGHC - Free Report) by 360.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,301,153 shares of the company's stock after buying an additional 1,018,664 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.26% of Super Group worth $8,106,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently modified their holdings of SGHC. Walleye Capital LLC purchased a new stake in Super Group during the third quarter valued at $54,000. Intech Investment Management LLC purchased a new stake in shares of Super Group during the 3rd quarter valued at about $66,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Super Group during the 4th quarter valued at about $66,000. Xponance Inc. bought a new position in shares of Super Group in the 4th quarter worth approximately $67,000. Finally, DGS Capital Management LLC purchased a new position in shares of Super Group in the fourth quarter worth approximately $73,000. 5.09% of the stock is owned by institutional investors.
Analyst Ratings Changes
SGHC has been the topic of several analyst reports. Needham & Company LLC lifted their price target on shares of Super Group from $9.00 to $10.00 and gave the stock a "buy" rating in a research note on Wednesday, February 26th. Benchmark reiterated a "buy" rating and set a $10.00 target price on shares of Super Group in a research report on Monday, January 27th. Canaccord Genuity Group boosted their price target on Super Group from $10.00 to $11.00 and gave the company a "buy" rating in a report on Wednesday, February 26th. BTIG Research started coverage on Super Group in a research note on Friday, March 28th. They issued a "buy" rating and a $9.00 price objective on the stock. Finally, Oppenheimer boosted their price objective on Super Group from $9.00 to $11.00 and gave the company an "outperform" rating in a research note on Wednesday, January 29th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, Super Group currently has an average rating of "Buy" and a consensus target price of $10.20.
Check Out Our Latest Analysis on SGHC
Super Group Stock Performance
Shares of Super Group stock traded up $0.19 during trading hours on Friday, hitting $7.01. The company's stock had a trading volume of 795,804 shares, compared to its average volume of 599,108. The company has a market cap of $3.49 billion, a PE ratio of 116.77 and a beta of 1.05. The business has a 50 day moving average price of $7.25 and a two-hundred day moving average price of $6.22. Super Group Limited has a 12-month low of $2.90 and a 12-month high of $8.51.
Super Group (NYSE:SGHC - Get Free Report) last posted its quarterly earnings results on Thursday, April 3rd. The company reported $0.13 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.04. Super Group had a return on equity of 15.40% and a net margin of 2.25%. The company had revenue of $517.61 million for the quarter, compared to analysts' expectations of $413.00 million. As a group, research analysts anticipate that Super Group Limited will post 0.29 earnings per share for the current year.
Super Group Dividend Announcement
The business also recently announced a semi-annual dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 10th were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a yield of 3.6%. Super Group's payout ratio is 66.67%.
Super Group Profile
(
Free Report)
Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. Super Group (SGHC) Limited is based in Saint Peter Port, Guernsey.
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