Fox Run Management L.L.C. Acquires 48,372 Shares of Super Group (SGHC) Limited $SGHC

Key Points

• Fox Run Management L.L.C. boosted its holdings in Super Group (SGHC) Limited by 401.0% in Q1, acquiring an additional 48,372 shares, bringing its total to 60,436 shares valued at approximately $389,000.
• Super Group's stock is currently trading at $11.50 with a market capitalization of $5.79 billion and a twelve-month price range between $3.22 and $12.18.
• The company declared a quarterly dividend of $0.04 per share, resulting in an annualized yield of 1.4%, and has a dividend payout ratio of 59.26%.

Fox Run Management L.L.C. increased its holdings in shares of Super Group (SGHC) Limited (NYSE:SGHC - Free Report) by 401.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 60,436 shares of the company's stock after acquiring an additional 48,372 shares during the quarter. Fox Run Management L.L.C.'s holdings in Super Group (SGHC) were worth $389,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. Pacer Advisors Inc. raised its stake in shares of Super Group (SGHC) by 56.6% in the first quarter. Pacer Advisors Inc. now owns 4,600 shares of the company's stock valued at $30,000 after buying an additional 1,662 shares during the period. Summit Investment Advisors Inc. raised its stake in shares of Super Group (SGHC) by 17.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 15,676 shares of the company's stock valued at $98,000 after buying an additional 2,307 shares during the period. Signaturefd LLC raised its stake in shares of Super Group (SGHC) by 95.9% in the first quarter. Signaturefd LLC now owns 5,439 shares of the company's stock valued at $35,000 after buying an additional 2,662 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Super Group (SGHC) by 3.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 85,279 shares of the company's stock valued at $531,000 after buying an additional 2,997 shares during the period. Finally, Tudor Investment Corp ET AL raised its stake in shares of Super Group (SGHC) by 7.8% in the fourth quarter. Tudor Investment Corp ET AL now owns 41,773 shares of the company's stock valued at $260,000 after buying an additional 3,022 shares during the period. 5.09% of the stock is currently owned by institutional investors.

Super Group (SGHC) Stock Down 0.6%

Shares of NYSE SGHC opened at $11.50 on Tuesday. The firm has a market capitalization of $5.79 billion, a P/E ratio of 42.59 and a beta of 1.08. The stock's 50-day simple moving average is $10.82 and its two-hundred day simple moving average is $8.83. Super Group has a twelve month low of $3.22 and a twelve month high of $12.18.

Super Group (SGHC) Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 23rd were paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Monday, June 23rd. Super Group (SGHC)'s dividend payout ratio is currently 59.26%.

Analyst Ratings Changes

SGHC has been the topic of several research reports. Canaccord Genuity Group boosted their target price on Super Group (SGHC) from $15.00 to $17.00 and gave the company a "buy" rating in a research note on Thursday, August 7th. JMP Securities began coverage on Super Group (SGHC) in a report on Monday, July 14th. They set a "market outperform" rating and a $15.00 price objective on the stock. Needham & Company LLC increased their price objective on Super Group (SGHC) from $14.00 to $15.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Craig Hallum set a $12.00 price objective on Super Group (SGHC) in a report on Monday, May 19th. Finally, Benchmark increased their price objective on Super Group (SGHC) from $14.00 to $15.00 and gave the stock a "buy" rating in a report on Thursday, August 7th. Eight investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Super Group (SGHC) presently has a consensus rating of "Buy" and an average price target of $13.88.

About Super Group (SGHC)

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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