Super Group Limited (NYSE:SGHC - Get Free Report) hit a new 52-week high on Friday . The company traded as high as $7.20 and last traded at $7.51, with a volume of 34094 shares trading hands. The stock had previously closed at $6.81.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the stock. Oppenheimer increased their target price on shares of Super Group from $6.00 to $9.00 and gave the company an "outperform" rating in a research report on Friday, December 13th. Benchmark increased their price objective on shares of Super Group from $5.00 to $6.00 and gave the company a "buy" rating in a report on Thursday, November 7th. Canaccord Genuity Group upgraded shares of Super Group from a "hold" rating to a "buy" rating and raised their price objective for the company from $5.00 to $10.00 in a research note on Friday. Finally, Needham & Company LLC restated a "buy" rating and issued a $9.00 target price on shares of Super Group in a research report on Wednesday.
View Our Latest Report on Super Group
Super Group Stock Performance
The stock's fifty day simple moving average is $6.35 and its two-hundred day simple moving average is $4.67. The company has a market capitalization of $3.94 billion, a price-to-earnings ratio of 132.06 and a beta of 0.95.
Super Group Announces Dividend
The firm also recently announced a -- dividend, which was paid on Wednesday, January 8th. Investors of record on Monday, December 23rd were paid a dividend of $0.15 per share. This represents a yield of 5.7%. The ex-dividend date of this dividend was Monday, December 23rd. Super Group's dividend payout ratio is presently 166.69%.
Institutional Investors Weigh In On Super Group
Several large investors have recently modified their holdings of the stock. Helikon Investments Ltd purchased a new position in shares of Super Group in the third quarter worth approximately $6,431,000. American Century Companies Inc. boosted its stake in Super Group by 6,842.6% in the 2nd quarter. American Century Companies Inc. now owns 973,290 shares of the company's stock worth $3,144,000 after purchasing an additional 959,271 shares during the period. State Street Corp grew its position in Super Group by 8.5% during the 3rd 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. Barclays PLC grew its position in Super Group by 141.1% during 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 in the last quarter. Finally, GSA Capital Partners LLP raised its stake in Super Group by 133.3% during the 3rd quarter. GSA Capital Partners LLP now owns 237,778 shares of the company's stock valued at $863,000 after purchasing an additional 135,865 shares during the period. 5.09% of the stock is owned by institutional investors.
Super Group Company Profile
(
Get 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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