Globeflex Capital L P acquired a new position in Super Group Limited (NYSE:SGHC - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 92,508 shares of the company's stock, valued at approximately $576,000.
Several other institutional investors and hedge funds have also recently modified their holdings of SGHC. Helikon Investments Ltd boosted its holdings in Super Group by 82.5% in the 4th quarter. Helikon Investments Ltd now owns 3,234,022 shares of the company's stock worth $20,148,000 after buying an additional 1,462,418 shares during the period. State Street Corp grew its position in shares of Super Group by 8.5% during the third quarter. State Street Corp now owns 2,490,833 shares of the company's stock worth $9,042,000 after purchasing an additional 194,460 shares in the last quarter. Geode Capital Management LLC raised its stake in Super Group by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 1,742,924 shares of the company's stock valued at $6,327,000 after purchasing an additional 14,507 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Super Group by 2.3% in the 4th 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. Finally, Barclays PLC boosted its stake in Super Group by 141.1% in the 3rd quarter. Barclays PLC now owns 269,435 shares of the company's stock worth $978,000 after purchasing an additional 157,693 shares during the period. 5.09% of the stock is currently owned by institutional investors.
Super Group Stock Up 2.4 %
Super Group stock traded up $0.17 during mid-day trading on Wednesday, reaching $6.95. 1,137,945 shares of the company's stock traded hands, compared to its average volume of 543,786. Super Group Limited has a 12-month low of $2.90 and a 12-month high of $8.51. The stock has a 50 day moving average of $7.30 and a two-hundred day moving average of $5.81. The company has a market cap of $3.46 billion, a price-to-earnings ratio of 115.77 and a beta of 1.00.
Super Group Announces Dividend
The firm also recently declared a semi-annual dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 10th will be issued a $0.04 dividend. This represents a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, March 10th. Super Group's payout ratio is 266.67%.
Analyst Upgrades and Downgrades
SGHC has been the topic of several research analyst reports. Oppenheimer boosted their target price on shares of Super Group from $9.00 to $11.00 and gave the stock an "outperform" rating in a report on Wednesday, January 29th. Canaccord Genuity Group boosted their price target 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 restated a "buy" rating and set a $10.00 price objective on shares of Super Group in a research report on Monday, January 27th. Finally, Needham & Company LLC boosted their target price on Super Group from $9.00 to $10.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th.
View Our Latest Stock Analysis on Super Group
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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