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.
Read More
Before you consider Super Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Super Group wasn't on the list.
While Super Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
