Invesco Ltd. lifted its position in shares of Super Group Limited (NYSE:SGHC - Free Report) by 500.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,493,783 shares of the company's stock after buying an additional 1,245,185 shares during the period. Invesco Ltd. owned approximately 0.30% of Super Group worth $9,306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its position in shares of Super Group by 22.7% during the third 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 period. Russell Investments Group Ltd. grew its holdings in shares of Super Group by 24.1% during the fourth quarter. Russell Investments Group Ltd. now owns 23,975 shares of the company's stock worth $149,000 after purchasing an additional 4,661 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake 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 valued at $2,260,000 after buying an additional 8,232 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Super Group during the 4th quarter worth $66,000. Finally, Xponance Inc. purchased a new stake in Super Group during the 4th quarter valued at approximately $67,000. Institutional investors and hedge funds own 5.09% of the company's stock.
Super Group Trading Down 0.4 %
NYSE:SGHC traded down $0.03 on Friday, hitting $7.97. 449,060 shares of the stock were exchanged, compared to its average volume of 613,055. Super Group Limited has a fifty-two week low of $2.91 and a fifty-two week high of $8.51. The stock has a fifty day moving average of $7.12 and a 200-day moving average of $6.49. The stock has a market cap of $4.01 billion, a PE ratio of 132.86 and a beta of 1.05.
Super Group (NYSE:SGHC - Get Free Report) last released its earnings results on Thursday, April 3rd. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.04. Super Group had a net margin of 2.25% and a return on equity of 15.40%. The company had revenue of $517.61 million during the quarter, compared to the consensus estimate of $413.00 million. As a group, analysts predict that Super Group Limited will post 0.29 earnings per share for the current year.
Super Group Dividend Announcement
The company also recently declared a semi-annual dividend, which was paid on Friday, March 28th. Investors 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 dividend payout ratio is currently 66.67%.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on SGHC shares. Canaccord Genuity Group lifted their price target on Super Group from $10.00 to $11.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th. Needham & Company LLC increased their price objective 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. Oppenheimer lifted their target price on shares of Super Group from $9.00 to $11.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 29th. Benchmark reissued a "buy" rating and set a $12.00 price objective on shares of Super Group in a research note on Wednesday, April 16th. Finally, BTIG Research initiated coverage on shares of Super Group in a research note on Friday, March 28th. They set a "buy" rating and a $9.00 price target on the stock. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $10.60.
View Our Latest Report 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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