Centiva Capital LP Takes $283,000 Position in Super Group Limited (NYSE:SGHC)

Centiva Capital LP purchased a new position in shares of Super Group Limited (NYSE:SGHC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 45,502 shares of the company's stock, valued at approximately $283,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC grew its holdings in shares of Super Group by 141.1% during the third quarter. Barclays PLC now owns 269,435 shares of the company's stock worth $978,000 after buying an additional 157,693 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Super Group by 106.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 226,906 shares of the company's stock valued at $824,000 after purchasing an additional 116,740 shares during the period. SG Americas Securities LLC lifted its stake in Super Group by 40.1% in the 4th quarter. SG Americas Securities LLC now owns 68,551 shares of the company's stock valued at $427,000 after purchasing an additional 19,631 shares during the last quarter. DGS Capital Management LLC acquired a new position in Super Group during the fourth quarter worth approximately $73,000. Finally, Helikon Investments Ltd boosted its stake 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 worth $20,148,000 after acquiring an additional 1,462,418 shares during the period. Institutional investors and hedge funds own 5.09% of the company's stock.

Super Group Stock Down 3.2%

Shares of SGHC traded down $0.27 during trading hours on Friday, hitting $8.38. 865,482 shares of the company were exchanged, compared to its average volume of 650,619. The firm's fifty day moving average is $7.40 and its 200 day moving average is $6.89. Super Group Limited has a fifty-two week low of $2.91 and a fifty-two week high of $9.17. The company has a market cap of $4.22 billion, a price-to-earnings ratio of 139.64 and a beta of 1.01.

Super Group (NYSE:SGHC - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.03. Super Group had a return on equity of 15.40% and a net margin of 2.25%. The firm had revenue of $495.96 million for the quarter, compared to analysts' expectations of $423.91 million. Analysts anticipate that Super Group Limited will post 0.29 EPS for the current year.

Super Group Dividend Announcement

The business also recently declared a semi-annual dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 10th were issued a dividend of $0.04 per share. The ex-dividend date was Monday, March 10th. This represents a dividend yield of 3.6%. Super Group's dividend payout ratio (DPR) is presently 59.26%.

Analyst Ratings Changes

Several equities research analysts have issued reports on SGHC shares. Needham & Company LLC raised their price target on Super Group from $10.00 to $11.00 and gave the company a "buy" rating in a report on Thursday. Oppenheimer boosted their price objective on Super Group from $9.00 to $11.00 and gave the stock an "outperform" rating in a report on Wednesday, January 29th. Canaccord Genuity Group increased their target price on Super Group from $12.00 to $14.00 and gave the stock a "buy" rating in a research note on Monday. Benchmark reissued a "buy" rating and set a $12.00 price target on shares of Super Group in a report on Wednesday, April 16th. Finally, BTIG Research initiated coverage on Super Group in a research report on Friday, March 28th. They set a "buy" rating and a $9.00 price objective on the stock. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $11.40.

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.