Trexquant Investment LP acquired a new position in shares of Super Group Limited (NYSE:SGHC - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 73,143 shares of the company's stock, valued at approximately $456,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Helikon Investments Ltd lifted its holdings in shares of Super Group by 82.5% during the 4th quarter. Helikon Investments Ltd now owns 3,234,022 shares of the company's stock valued at $20,148,000 after acquiring an additional 1,462,418 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Super Group by 360.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,301,153 shares of the company's stock valued at $8,106,000 after buying an additional 1,018,664 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Super Group by 332.8% during the 4th quarter. JPMorgan Chase & Co. now owns 981,950 shares of the company's stock worth $6,118,000 after acquiring an additional 755,044 shares in the last quarter. American Century Companies Inc. grew its position in Super Group by 19.4% in the fourth quarter. American Century Companies Inc. now owns 4,353,121 shares of the company's stock valued at $27,120,000 after acquiring an additional 707,723 shares in the last quarter. Finally, State Street Corp raised its stake in shares of Super Group by 8.5% during the third quarter. State Street Corp now owns 2,490,833 shares of the company's stock valued at $9,042,000 after purchasing an additional 194,460 shares during the period. 5.09% of the stock is currently owned by hedge funds and other institutional investors.
Super Group Price Performance
Shares of SGHC traded up $0.18 during midday trading on Friday, reaching $7.63. The stock had a trading volume of 810,596 shares, compared to its average volume of 604,818. The company has a market capitalization of $3.84 billion, a P/E ratio of 127.10 and a beta of 1.05. The firm's 50 day moving average price is $7.18 and its 200-day moving average price is $6.30. Super Group Limited has a 52 week low of $2.90 and a 52 week high of $8.51.
Super Group (NYSE:SGHC - Get Free Report) last issued its quarterly earnings results on Thursday, April 3rd. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.04. Super Group had a return on equity of 15.40% and a net margin of 2.25%. The firm had revenue of $517.61 million for the quarter, compared to analysts' expectations of $413.00 million. On average, equities analysts forecast that Super Group Limited will post 0.29 earnings per share for the current year.
Super Group Dividend Announcement
The business also recently announced a semi-annual dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 10th were issued a $0.04 dividend. The ex-dividend date was Monday, March 10th. This represents a yield of 3.6%. Super Group's dividend payout ratio (DPR) is currently 66.67%.
Analyst Ratings Changes
Several research analysts recently commented on the company. Canaccord Genuity Group boosted their price target on Super Group from $10.00 to $11.00 and gave the stock a "buy" rating in a research note on Wednesday, February 26th. Benchmark restated a "buy" rating and set a $12.00 price objective on shares of Super Group in a research note on Wednesday. Oppenheimer raised their price target 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. 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 objective on the stock. Finally, Needham & Company LLC lifted their target price on Super Group from $9.00 to $10.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Super Group has a consensus rating of "Buy" and a consensus target price of $10.60.
Check Out Our Latest Stock Analysis on SGHC
Super Group 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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