Dynamic Technology Lab Private Ltd bought a new position in shares of Super Group (SGHC) Limited (NYSE:SGHC - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 75,030 shares of the company's stock, valued at approximately $483,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Allspring Global Investments Holdings LLC bought a new stake in shares of Super Group (SGHC) during the 1st quarter worth about $526,000. BNP Paribas Financial Markets bought a new stake in Super Group (SGHC) in the 4th quarter valued at about $369,000. State of Wyoming boosted its holdings in Super Group (SGHC) by 31.9% in the 1st quarter. State of Wyoming now owns 93,970 shares of the company's stock valued at $605,000 after purchasing an additional 22,715 shares during the period. SG Americas Securities LLC boosted its holdings in Super Group (SGHC) by 105.6% in the 1st quarter. SG Americas Securities LLC now owns 140,931 shares of the company's stock valued at $908,000 after purchasing an additional 72,380 shares during the period. Finally, Nuveen Asset Management LLC boosted its holdings in Super Group (SGHC) by 50.6% in the 4th quarter. Nuveen Asset Management LLC now owns 682,462 shares of the company's stock valued at $4,252,000 after purchasing an additional 229,211 shares during the period. Institutional investors own 5.09% of the company's stock.
Super Group (SGHC) Price Performance
SGHC stock traded up $0.39 during trading on Tuesday, reaching $13.08. 4,475,325 shares of the company were exchanged, compared to its average volume of 3,127,474. The company has a 50-day moving average of $11.61 and a two-hundred day moving average of $9.41. The company has a market capitalization of $6.58 billion, a price-to-earnings ratio of 50.31 and a beta of 1.09. Super Group has a twelve month low of $3.44 and a twelve month high of $13.49.
Super Group (SGHC) (NYSE:SGHC - Get Free Report) last released its quarterly earnings data on Thursday, September 4th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by ($0.02). Super Group (SGHC) had a return on equity of 36.68% and a net margin of 6.42%.The company had revenue of $579.00 million for the quarter, compared to analyst estimates of $503.00 million. On average, analysts forecast that Super Group will post 0.29 EPS for the current year.
Super Group (SGHC) Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Thursday, September 18th will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, September 18th. Super Group (SGHC)'s dividend payout ratio is 61.54%.
Analyst Upgrades and Downgrades
SGHC has been the subject of a number of recent research reports. Craig Hallum set a $12.00 price objective on shares of Super Group (SGHC) in a report on Monday, May 19th. Canaccord Genuity Group boosted their price objective on shares of Super Group (SGHC) from $15.00 to $17.00 and gave the company a "buy" rating in a report on Thursday, August 7th. JMP Securities initiated coverage on shares of Super Group (SGHC) in a report on Monday, July 14th. They issued a "market outperform" rating and a $15.00 price objective for the company. Benchmark boosted their price objective on shares of Super Group (SGHC) from $14.00 to $15.00 and gave the company a "buy" rating in a report on Thursday, August 7th. Finally, Wall Street Zen cut shares of Super Group (SGHC) from a "buy" rating to a "hold" rating in a research report on Saturday. Two analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $14.22.
Check Out Our Latest Stock Report on Super Group (SGHC)
About Super Group (SGHC)
(
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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