State Street Corp Acquires 194,460 Shares of Super Group Limited (NYSE:SGHC)

State Street Corp boosted its position in Super Group Limited (NYSE:SGHC - Free Report) by 8.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,490,833 shares of the company's stock after purchasing an additional 194,460 shares during the period. State Street Corp owned about 0.50% of Super Group worth $9,042,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Helikon Investments Ltd bought a new position in Super Group in the 3rd quarter worth $6,431,000. American Century Companies Inc. increased its position in Super Group by 6,842.6% in the second quarter. American Century Companies Inc. now owns 973,290 shares of the company's stock worth $3,144,000 after buying an additional 959,271 shares in the last quarter. GSA Capital Partners LLP raised its stake in shares of Super Group by 133.3% in the third quarter. GSA Capital Partners LLP now owns 237,778 shares of the company's stock worth $863,000 after buying an additional 135,865 shares during the period. Renaissance Technologies LLC lifted its position in shares of Super Group by 82.1% during the 2nd quarter. Renaissance Technologies LLC now owns 295,600 shares of the company's stock valued at $955,000 after buying an additional 133,300 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Super Group by 26.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 420,320 shares of the company's stock valued at $1,358,000 after acquiring an additional 87,118 shares during the period. 5.09% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Oppenheimer raised their target price on shares of Super Group from $6.00 to $9.00 and gave the stock an "outperform" rating in a research note on Friday, December 13th. Needham & Company LLC raised their price objective on shares of Super Group from $7.00 to $9.00 and gave the company a "buy" rating in a research report on Wednesday, December 11th. Finally, Benchmark lifted their target price on shares of Super Group from $5.00 to $6.00 and gave the company a "buy" rating in a research note on Thursday, November 7th.

Super Group Trading Down 3.0 %

SGHC traded down $0.19 on Friday, hitting $6.10. 321,907 shares of the company's stock traded hands, compared to its average volume of 455,164. Super Group Limited has a one year low of $2.63 and a one year high of $7.12. The firm has a market cap of $3.04 billion, a price-to-earnings ratio of 101.68 and a beta of 0.95. The company's 50 day simple moving average is $5.73 and its 200-day simple moving average is $4.27.

Super Group Announces Dividend

The business also recently disclosed a -- dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Monday, December 23rd will be given a dividend of $0.15 per share. This represents a dividend yield of 5.7%. The ex-dividend date is Monday, December 23rd. Super Group's payout ratio is currently 166.67%.

Super Group 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.