Globeflex Capital L P acquired a new position in shares of Super Group Limited (NYSE:SGHC - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 92,508 shares of the company's stock, valued at approximately $576,000.
Other hedge funds also recently made changes to their positions in the company. Caprock Group LLC increased its holdings in Super Group by 2.8% in the third quarter. Caprock Group LLC now owns 71,933 shares of the company's stock worth $261,000 after purchasing an additional 1,959 shares in the last quarter. HighTower Advisors LLC increased its holdings in Super Group by 22.7% in the third quarter. HighTower Advisors LLC now owns 21,576 shares of the company's stock worth $78,000 after purchasing an additional 3,993 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Super Group by 2.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 362,798 shares of the company's stock worth $2,260,000 after purchasing an additional 8,232 shares in the last quarter. DGS Capital Management LLC bought a new stake in Super Group in the fourth quarter worth approximately $73,000. Finally, Geode Capital Management LLC increased its holdings in Super Group by 0.8% in the third quarter. Geode Capital Management LLC now owns 1,742,924 shares of the company's stock worth $6,327,000 after purchasing an additional 14,507 shares in the last quarter. 5.09% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of brokerages have weighed in on SGHC. Canaccord Genuity Group lifted their target price on Super Group from $10.00 to $11.00 and gave the stock a "buy" rating in a report on Wednesday, February 26th. Benchmark reiterated a "buy" rating and issued a $10.00 target price on shares of Super Group in a report on Monday, January 27th. Needham & Company LLC lifted their target price on Super Group from $9.00 to $10.00 and gave the stock a "buy" rating in a report on Wednesday, February 26th. Finally, Oppenheimer raised 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.
View Our Latest Stock Analysis on Super Group
Super Group Stock Performance
Super Group stock traded up $0.09 during mid-day trading on Tuesday, reaching $6.80. The stock had a trading volume of 1,034,366 shares, compared to its average volume of 541,410. Super Group Limited has a fifty-two week low of $2.90 and a fifty-two week high of $8.51. The stock's 50-day simple moving average is $7.30 and its 200-day simple moving average is $5.81. The firm has a market capitalization of $3.38 billion, a PE ratio of 113.27 and a beta of 1.00.
Super Group Announces Dividend
The company also recently disclosed a semi-annual dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 10th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a yield of 3.6%. Super Group's dividend payout ratio (DPR) is presently 266.67%.
Super Group Company 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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