Super Group Limited (NYSE:SGHC) Shares Acquired by Barclays PLC

Barclays PLC increased its holdings in Super Group Limited (NYSE:SGHC - Free Report) by 141.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 269,435 shares of the company's stock after acquiring an additional 157,693 shares during the period. Barclays PLC owned approximately 0.05% of Super Group worth $978,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SGHC. Geode Capital Management LLC raised its stake in shares of Super Group by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 1,742,924 shares of the company's stock valued at $6,327,000 after acquiring an additional 14,507 shares during the period. State Street Corp raised its position in Super Group by 8.5% in the third quarter. State Street Corp now owns 2,490,833 shares of the company's stock valued at $9,042,000 after purchasing an additional 194,460 shares during the period. HighTower Advisors LLC raised its position in Super Group by 22.7% in the third quarter. HighTower Advisors LLC now owns 21,576 shares of the company's stock valued at $78,000 after purchasing an additional 3,993 shares during the period. Walleye Capital LLC acquired a new position in Super Group during the third quarter worth $54,000. Finally, Intech Investment Management LLC purchased a new position in shares of Super Group during the third quarter worth $66,000. Institutional investors and hedge funds own 5.09% of the company's stock.

Super Group Trading Up 1.3 %

Super Group stock opened at $5.66 on Wednesday. The firm has a market capitalization of $2.82 billion, a P/E ratio of 94.35 and a beta of 0.95. Super Group Limited has a twelve month low of $2.71 and a twelve month high of $7.12. The stock's fifty day simple moving average is $6.14 and its 200-day simple moving average is $4.50.

Super Group Announces Dividend

The business also recently declared a -- dividend, which was paid on Wednesday, January 8th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a yield of 5.7%. Super Group's dividend payout ratio (DPR) is 166.67%.

Wall Street Analysts Forecast Growth

SGHC has been the topic of several research analyst reports. Oppenheimer boosted their price objective on Super Group from $6.00 to $9.00 and gave the company an "outperform" rating in a report on Friday, December 13th. Needham & Company LLC lifted their target price on Super Group from $7.00 to $9.00 and gave the company a "buy" rating in a research report on Wednesday, December 11th. Finally, Benchmark increased their price target on shares of Super Group from $5.00 to $6.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th.

Super Group Profile

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.