Fiera Capital Corp Makes New Investment in Super Group (SGHC) Limited (NYSE:SGHC)

Fiera Capital Corp acquired a new stake in shares of Super Group (SGHC) Limited (NYSE:SGHC - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 602,167 shares of the company's stock, valued at approximately $3,878,000. Fiera Capital Corp owned about 0.12% of Super Group (SGHC) at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Invesco Ltd. boosted its position in Super Group (SGHC) by 500.9% in the fourth quarter. Invesco Ltd. now owns 1,493,783 shares of the company's stock worth $9,306,000 after purchasing an additional 1,245,185 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in Super Group (SGHC) by 360.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,301,153 shares of the company's stock worth $8,106,000 after purchasing an additional 1,018,664 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Super Group (SGHC) by 332.8% in the fourth quarter. JPMorgan Chase & Co. now owns 981,950 shares of the company's stock worth $6,118,000 after purchasing an additional 755,044 shares during the last quarter. Millennium Management LLC boosted its position in Super Group (SGHC) by 66.1% in the fourth quarter. Millennium Management LLC now owns 1,204,663 shares of the company's stock worth $7,505,000 after purchasing an additional 479,440 shares during the last quarter. Finally, Segall Bryant & Hamill LLC purchased a new position in Super Group (SGHC) in the first quarter worth about $2,110,000. 5.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on SGHC shares. Citigroup started coverage on Super Group (SGHC) in a research report on Monday, July 14th. They issued an "outperform" rating on the stock. JMP Securities began coverage on Super Group (SGHC) in a research report on Monday, July 14th. They issued a "market outperform" rating and a $15.00 target price on the stock. Benchmark reaffirmed a "buy" rating and set a $12.00 price objective on shares of Super Group (SGHC) in a research report on Wednesday, April 16th. Craig Hallum set a $12.00 price objective on Super Group (SGHC) in a research report on Monday, May 19th. Finally, Needham & Company LLC lifted their price objective on Super Group (SGHC) from $11.00 to $14.00 and gave the company a "buy" rating in a research report on Wednesday, July 9th. Seven investment analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $13.13.

Super Group (SGHC) Trading Down 0.7%

SGHC traded down $0.08 on Friday, hitting $10.67. 1,691,544 shares of the company's stock traded hands, compared to its average volume of 1,482,818. The company's 50 day simple moving average is $10.33 and its 200-day simple moving average is $8.50. The firm has a market cap of $5.37 billion, a price-to-earnings ratio of 39.52 and a beta of 1.08. Super Group has a one year low of $2.94 and a one year high of $12.18.

Super Group (SGHC) (NYSE:SGHC - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.03. The company had revenue of $495.96 million for the quarter, compared to the consensus estimate of $423.91 million. Super Group (SGHC) had a return on equity of 33.88% and a net margin of 7.02%. As a group, equities analysts anticipate that Super Group will post 0.29 EPS for the current fiscal year.

Super Group (SGHC) Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 23rd were paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Monday, June 23rd. Super Group (SGHC)'s dividend payout ratio (DPR) is 59.26%.

Super Group (SGHC) 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.