Super Group Limited (NYSE:SGHC) Shares Acquired by Boston Partners

Boston Partners raised its holdings in shares of Super Group Limited (NYSE:SGHC - Free Report) by 15.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 292,495 shares of the company's stock after buying an additional 38,096 shares during the period. Boston Partners owned about 0.06% of Super Group worth $1,822,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Barclays PLC boosted its holdings in shares of Super Group by 141.1% during the 3rd quarter. Barclays PLC now owns 269,435 shares of the company's stock valued at $978,000 after purchasing an additional 157,693 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Super Group by 106.0% during the third quarter. JPMorgan Chase & Co. now owns 226,906 shares of the company's stock valued at $824,000 after purchasing an additional 116,740 shares during the period. State Street Corp grew its stake in Super Group by 8.5% in the 3rd quarter. State Street Corp now owns 2,490,833 shares of the company's stock worth $9,042,000 after acquiring an additional 194,460 shares in the last quarter. Globeflex Capital L P purchased a new position in Super Group during the 4th quarter worth $576,000. Finally, Helikon Investments Ltd increased its stake in shares of Super Group by 82.5% during the fourth quarter. Helikon Investments Ltd now owns 3,234,022 shares of the company's stock valued at $20,148,000 after buying an additional 1,462,418 shares during the period. 5.09% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

SGHC has been the subject of several recent analyst reports. Oppenheimer raised their target price on shares of Super Group from $9.00 to $11.00 and gave the company an "outperform" rating in a research note on Wednesday, January 29th. Canaccord Genuity Group lifted their price objective on shares of Super Group from $10.00 to $11.00 and gave the stock a "buy" rating in a research note on Wednesday, February 26th. Benchmark reaffirmed a "buy" rating and issued a $10.00 price objective on shares of Super Group in a report on Monday, January 27th. Finally, Needham & Company LLC upped their price objective on Super Group from $9.00 to $10.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th.

Super Group Stock Down 1.7 %

Super Group stock traded down $0.12 during mid-day trading on Wednesday, hitting $6.84. The company had a trading volume of 728,720 shares, compared to its average volume of 840,160. Super Group Limited has a 1 year low of $2.90 and a 1 year high of $8.51. The stock has a market cap of $3.41 billion, a price-to-earnings ratio of 114.02 and a beta of 1.00. The business has a fifty day moving average of $7.43 and a 200 day moving average of $5.93.

Super Group Announces Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 10th will be issued a dividend of $0.04 per share. This represents a yield of 3.6%. The ex-dividend date of this dividend is Monday, March 10th. Super Group's dividend payout ratio is currently 266.67%.

Super Group Company 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.