PDT Partners LLC grew its stake in Super Group (SGHC) Limited (NYSE:SGHC - Free Report) by 114.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 82,425 shares of the company's stock after buying an additional 43,928 shares during the period. PDT Partners LLC's holdings in Super Group (SGHC) were worth $531,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in SGHC. Quarry LP lifted its position in shares of Super Group (SGHC) by 364.3% during the 1st quarter. Quarry LP now owns 3,988 shares of the company's stock worth $26,000 after purchasing an additional 3,129 shares during the last quarter. GAMMA Investing LLC increased its stake in Super Group (SGHC) by 4,606.6% during the first quarter. GAMMA Investing LLC now owns 4,283 shares of the company's stock valued at $28,000 after acquiring an additional 4,192 shares during the period. Pacer Advisors Inc. increased its stake in Super Group (SGHC) by 56.6% during the first quarter. Pacer Advisors Inc. now owns 4,600 shares of the company's stock valued at $30,000 after acquiring an additional 1,662 shares during the period. Signaturefd LLC increased its stake in Super Group (SGHC) by 95.9% during the first quarter. Signaturefd LLC now owns 5,439 shares of the company's stock valued at $35,000 after acquiring an additional 2,662 shares during the period. Finally, Harvest Fund Management Co. Ltd bought a new position in Super Group (SGHC) during the first quarter valued at about $37,000. Institutional investors and hedge funds own 5.09% of the company's stock.
Analyst Upgrades and Downgrades
SGHC has been the topic of several research reports. JMP Securities initiated coverage on Super Group (SGHC) in a research note on Monday, July 14th. They set a "market outperform" rating and a $15.00 price target on the stock. Wall Street Zen lowered Super Group (SGHC) from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. Canaccord Genuity Group boosted their price target 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. Needham & Company LLC boosted their price target on Super Group (SGHC) from $14.00 to $15.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Finally, Benchmark upped their price objective on Super Group (SGHC) from $14.00 to $15.00 and gave the company a "buy" rating in a research note on Thursday, August 7th. Two analysts have rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $13.88.
View Our Latest Analysis on SGHC
Super Group (SGHC) Price Performance
Shares of SGHC stock remained flat at $13.15 during trading hours on Wednesday. The stock had a trading volume of 792,699 shares, compared to its average volume of 1,274,927. Super Group has a 52 week low of $3.38 and a 52 week high of $13.47. The company has a market cap of $6.62 billion, a price-to-earnings ratio of 48.70 and a beta of 1.09. The stock's 50 day moving average is $11.44 and its two-hundred day moving average is $9.23.
Super Group (SGHC) Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 23rd were given a dividend of $0.04 per share. The ex-dividend date was Monday, June 23rd. This represents a $0.16 dividend on an annualized basis and a yield of 1.2%. Super Group (SGHC)'s dividend payout ratio is 59.26%.
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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