Public Employees Retirement System of Ohio Purchases New Position in Super Group Limited (NYSE:SGHC)

Public Employees Retirement System of Ohio purchased a new position in Super Group Limited (NYSE:SGHC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 52,444 shares of the company's stock, valued at approximately $327,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. American Century Companies Inc. lifted its holdings in shares of Super Group by 19.4% during the 4th quarter. American Century Companies Inc. now owns 4,353,121 shares of the company's stock valued at $27,120,000 after buying an additional 707,723 shares during the period. Invesco Ltd. lifted its holdings in Super Group by 500.9% in the fourth quarter. Invesco Ltd. now owns 1,493,783 shares of the company's stock valued at $9,306,000 after acquiring an additional 1,245,185 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in Super Group 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. Millennium Management LLC boosted its position in Super Group 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, JPMorgan Chase & Co. grew its stake in shares of Super Group by 332.8% during the 4th quarter. JPMorgan Chase & Co. now owns 981,950 shares of the company's stock valued at $6,118,000 after purchasing an additional 755,044 shares during the period. 5.09% of the stock is owned by institutional investors.

Super Group Stock Up 6.2%

SGHC stock traded up $0.54 during mid-day trading on Friday, hitting $9.21. The company had a trading volume of 2,476,542 shares, compared to its average volume of 674,169. The company has a 50-day moving average price of $7.94 and a 200 day moving average price of $7.28. Super Group Limited has a 12-month low of $2.91 and a 12-month high of $9.22. The company has a market capitalization of $4.63 billion, a price-to-earnings ratio of 153.44 and a beta of 1.01.

Super Group (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, topping the consensus estimate of $0.09 by $0.03. The firm had revenue of $495.96 million for the quarter, compared to analysts' expectations of $423.91 million. Super Group had a return on equity of 15.40% and a net margin of 2.25%. As a group, analysts expect that Super Group Limited will post 0.29 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on SGHC shares. Benchmark reiterated a "buy" rating and issued a $12.00 price objective on shares of Super Group in a research note on Wednesday, April 16th. Needham & Company LLC increased their price target on shares of Super Group from $10.00 to $11.00 and gave the stock a "buy" rating in a research report on Thursday, May 15th. BTIG Research began coverage on shares of Super Group in a research note on Friday, March 28th. They set a "buy" rating and a $9.00 price target on the stock. Craig Hallum set a $12.00 price objective on shares of Super Group in a research report on Monday, May 19th. Finally, Canaccord Genuity Group upped their price objective on Super Group from $12.00 to $14.00 and gave the stock a "buy" rating in a research note on Monday, May 12th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $11.50.

About Super Group

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.