Quantbot Technologies LP purchased a new stake in Super Group Limited (NYSE:SGHC - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 47,602 shares of the company's stock, valued at approximately $297,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Walleye Capital LLC acquired a new stake in Super Group during the 3rd quarter worth $54,000. Intech Investment Management LLC acquired a new stake in shares of Super Group during the third quarter worth $66,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Super Group during the fourth quarter worth $66,000. Xponance Inc. bought a new stake in Super Group in the fourth quarter valued at about $67,000. Finally, DGS Capital Management LLC acquired a new position in Super Group in the fourth quarter valued at about $73,000. 5.09% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research analysts recently weighed in on the stock. Oppenheimer lifted their price objective on shares of Super Group from $9.00 to $11.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 29th. Benchmark reissued a "buy" rating and set a $10.00 price target on shares of Super Group in a research report on Monday, January 27th. BTIG Research assumed coverage on shares of Super Group in a research report on Friday, March 28th. They issued a "buy" rating and a $9.00 price objective for the company. 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, Canaccord Genuity Group raised their price target on Super Group from $10.00 to $11.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th. Five analysts have rated the stock with a buy rating, According to MarketBeat, Super Group currently has an average rating of "Buy" and a consensus target price of $10.20.
View Our Latest Report on SGHC
Super Group Trading Up 2.6 %
Shares of Super Group stock traded up $0.17 on Wednesday, reaching $6.74. 607,050 shares of the company were exchanged, compared to its average volume of 578,012. The company has a market capitalization of $3.36 billion, a price-to-earnings ratio of 112.35 and a beta of 1.00. Super Group Limited has a one year low of $2.90 and a one year high of $8.51. The company has a 50-day moving average of $7.50 and a 200 day moving average of $6.05.
Super Group Dividend Announcement
The company also recently declared a semi-annual dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 10th were paid a $0.04 dividend. This represents a yield of 3.6%. The ex-dividend date of this dividend was Monday, March 10th. Super Group's dividend payout ratio is currently 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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