Globeflex Capital L P purchased a new position in shares of Super Group Limited (NYSE:SGHC - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 92,508 shares of the company's stock, valued at approximately $576,000.
Several other institutional investors and hedge funds have also bought and sold shares of SGHC. Walleye Capital LLC bought a new position in Super Group during the 3rd quarter worth approximately $54,000. Intech Investment Management LLC bought a new position in Super Group during the 3rd quarter worth approximately $66,000. DGS Capital Management LLC bought a new position in Super Group during the 4th quarter worth approximately $73,000. HighTower Advisors LLC grew its position in Super Group by 22.7% during the 3rd quarter. HighTower Advisors LLC now owns 21,576 shares of the company's stock worth $78,000 after acquiring an additional 3,993 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D bought a new position in Super Group during the 4th quarter worth approximately $233,000. 5.09% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on the company. Canaccord Genuity Group lifted their price objective on Super Group from $10.00 to $11.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th. Oppenheimer lifted their price objective on Super Group from $9.00 to $11.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 29th. Benchmark reiterated a "buy" rating and issued a $10.00 price objective on shares of Super Group in a research report on Monday, January 27th. Finally, Needham & Company LLC lifted 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.
Get Our Latest Report on SGHC
Super Group Stock Performance
Shares of SGHC traded down $0.01 on Monday, reaching $6.71. The stock had a trading volume of 776,205 shares, compared to its average volume of 816,275. The firm has a market capitalization of $3.34 billion, a price-to-earnings ratio of 111.77 and a beta of 1.00. The company has a 50-day simple moving average of $7.27 and a 200-day simple moving average of $5.76. Super Group Limited has a 12-month low of $2.90 and a 12-month high of $8.51.
Super Group Dividend Announcement
The company also recently announced a semi-annual dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 10th will be paid a $0.04 dividend. This represents a dividend yield of 3.6%. The ex-dividend date is Monday, March 10th. Super Group's payout ratio is presently 266.67%.
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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