Sei Investments Co. Makes New Investment in Super Group Limited (NYSE:SGHC)

Sei Investments Co. purchased a new position in shares of Super Group Limited (NYSE:SGHC - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 76,931 shares of the company's stock, valued at approximately $479,000.

A number of other large investors also recently modified their holdings of the business. Walleye Capital LLC acquired a new position in Super Group during the third quarter worth $54,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Super Group during the 4th quarter worth about $66,000. Xponance Inc. bought a new stake in shares of Super Group in the 4th quarter valued at about $67,000. DGS Capital Management LLC acquired a new stake in Super Group in the 4th quarter valued at about $73,000. Finally, HighTower Advisors LLC grew its holdings in 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 purchasing an additional 3,993 shares during the period. 5.09% of the stock is currently owned by institutional investors and hedge funds.

Super Group Trading Up 0.3 %

SGHC stock traded up $0.02 during trading hours on Monday, hitting $7.03. 229,920 shares of the stock were exchanged, compared to its average volume of 598,501. Super Group Limited has a 12 month low of $2.90 and a 12 month high of $8.51. The firm has a market capitalization of $3.50 billion, a P/E ratio of 117.19 and a beta of 1.05. The company has a 50-day simple moving average of $7.25 and a two-hundred day simple moving average of $6.23.

Super Group (NYSE:SGHC - Get Free Report) last released its quarterly earnings results on Thursday, April 3rd. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.09 by $0.04. The business had revenue of $517.61 million for the quarter, compared to the consensus estimate of $413.00 million. Super Group had a net margin of 2.25% and a return on equity of 15.40%. On average, equities research analysts predict that Super Group Limited will post 0.29 earnings per share for the current year.

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Super Group Announces Dividend

The business also recently declared a semi-annual dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 10th were paid a $0.04 dividend. This represents a dividend yield of 3.6%. The ex-dividend date was Monday, March 10th. Super Group's dividend payout ratio (DPR) is currently 66.67%.

Wall Street Analyst Weigh In

SGHC has been the topic of several research analyst reports. BTIG Research started coverage on Super Group in a research note on Friday, March 28th. They issued a "buy" rating and a $9.00 price objective on the stock. Benchmark restated a "buy" rating and issued a $10.00 price target on shares of Super Group in a research note on Monday, January 27th. Canaccord Genuity Group lifted their price objective on shares of Super Group from $10.00 to $11.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th. Needham & Company LLC upped their price objective on shares of Super Group from $9.00 to $10.00 and gave the company a "buy" rating in a report on Wednesday, February 26th. Finally, Oppenheimer raised their target price 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. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Super Group has a consensus rating of "Buy" and an average price target of $10.20.

Super Group Company Profile

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.