Quantbot Technologies LP raised its position in shares of Super Group (SGHC) Limited (NYSE:SGHC - Free Report) by 58.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 75,394 shares of the company's stock after buying an additional 27,792 shares during the period. Quantbot Technologies LP's holdings in Super Group (SGHC) were worth $486,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the stock. Pacer Advisors Inc. raised its holdings in Super Group (SGHC) by 56.6% in the 1st quarter. Pacer Advisors Inc. now owns 4,600 shares of the company's stock worth $30,000 after purchasing an additional 1,662 shares in the last quarter. Signaturefd LLC raised its holdings in Super Group (SGHC) by 95.9% in the 1st quarter. Signaturefd LLC now owns 5,439 shares of the company's stock worth $35,000 after purchasing an additional 2,662 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Super Group (SGHC) by 3.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 85,279 shares of the company's stock worth $531,000 after purchasing an additional 2,997 shares in the last quarter. Tudor Investment Corp ET AL raised its holdings in Super Group (SGHC) by 7.8% in the 4th quarter. Tudor Investment Corp ET AL now owns 41,773 shares of the company's stock worth $260,000 after purchasing an additional 3,022 shares in the last quarter. Finally, Principal Street Partners LLC raised its holdings in Super Group (SGHC) by 22.7% in the 4th quarter. Principal Street Partners LLC now owns 21,576 shares of the company's stock worth $134,000 after purchasing an additional 3,993 shares in the last quarter. 5.09% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
SGHC has been the subject of several research reports. Wall Street Zen lowered shares of Super Group (SGHC) from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. BTIG Research restated a "buy" rating on shares of Super Group (SGHC) in a report on Tuesday, July 8th. Craig Hallum set a $12.00 price objective on shares of Super Group (SGHC) in a report on Monday, May 19th. JMP Securities initiated coverage on shares of Super Group (SGHC) in a research note on Monday, July 14th. They issued a "market outperform" rating and a $15.00 price target for the company. Finally, Needham & Company LLC increased their price target on shares of Super Group (SGHC) from $14.00 to $15.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating and seven have given a Buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $13.88.
Read Our Latest Report on Super Group (SGHC)
Super Group (SGHC) Trading Down 1.5%
NYSE:SGHC traded down $0.19 on Thursday, reaching $11.96. 1,940,857 shares of the stock traded hands, compared to its average volume of 1,909,262. The company has a market capitalization of $6.02 billion, a price-to-earnings ratio of 44.28 and a beta of 1.08. Super Group has a 12 month low of $3.29 and a 12 month high of $12.37. The company's fifty day simple moving average is $11.18 and its 200 day simple moving average is $9.02.
Super Group (SGHC) Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 23rd were paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Monday, June 23rd. Super Group (SGHC)'s dividend payout ratio (DPR) is currently 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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