Gabelli Funds LLC lowered its position in Super Group Limited (NYSE:SGHC - Free Report) by 37.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,000 shares of the company's stock after selling 55,000 shares during the quarter. Gabelli Funds LLC's holdings in Super Group were worth $561,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Mariner LLC raised its position in Super Group by 83.6% in the 4th quarter. Mariner LLC now owns 97,915 shares of the company's stock worth $610,000 after purchasing an additional 44,589 shares during the period. Barclays PLC raised its holdings in shares of Super Group by 2.7% in the fourth quarter. Barclays PLC now owns 276,817 shares of the company's stock worth $1,723,000 after buying an additional 7,382 shares during the period. Summit Investment Advisors Inc. lifted its stake in shares of Super Group by 17.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 15,676 shares of the company's stock worth $98,000 after acquiring an additional 2,307 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in Super Group by 35.7% during the 4th quarter. Renaissance Technologies LLC now owns 134,901 shares of the company's stock valued at $840,000 after acquiring an additional 35,500 shares during the period. Finally, Legal & General Group Plc grew its position in Super Group by 33.2% in the 4th quarter. Legal & General Group Plc now owns 31,394 shares of the company's stock valued at $196,000 after acquiring an additional 7,825 shares during the last quarter. Institutional investors own 5.09% of the company's stock.
Super Group Trading Up 2.3 %
Shares of NYSE SGHC opened at $7.63 on Friday. The stock has a market capitalization of $3.84 billion, a PE ratio of 127.10 and a beta of 1.05. Super Group Limited has a 12-month low of $2.90 and a 12-month high of $8.51. The stock's fifty day simple moving average is $7.17 and its two-hundred day simple moving average is $6.35.
Super Group (NYSE:SGHC - Get Free Report) last announced its 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 net margin of 2.25% and a return on equity of 15.40%. The business had revenue of $517.61 million during the quarter, compared to the consensus estimate of $413.00 million. On average, equities analysts predict that Super Group Limited will post 0.29 earnings per share for the current fiscal year.
Super Group Announces Dividend
The firm also recently declared a semi-annual dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 10th were given a dividend of $0.04 per share. This represents a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, March 10th. Super Group's payout ratio is presently 66.67%.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on SGHC shares. Needham & Company LLC boosted their target price on shares of Super Group from $9.00 to $10.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th. BTIG Research assumed coverage on shares of Super Group in a research report on Friday, March 28th. They set a "buy" rating and a $9.00 target price on the stock. Benchmark reaffirmed a "buy" rating and set a $12.00 price target on shares of Super Group in a research note on Wednesday. Oppenheimer increased their price objective on Super Group from $9.00 to $11.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 29th. Finally, Canaccord Genuity Group lifted their target price on Super Group from $10.00 to $11.00 and gave the company a "buy" rating in a research report on Wednesday, February 26th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $10.60.
Read Our Latest Research Report on Super Group
About Super Group
(
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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