Free Trial

Quantbot Technologies LP Purchases 27,792 Shares of Super Group (SGHC) Limited $SGHC

Super Group (SGHC) logo with Consumer Discretionary background

Key Points

  • Quantbot Technologies LP increased its stake in Super Group (SGHC) Limited by 58.4% during the 1st quarter, owning 75,394 shares valued at $486,000.
  • Super Group announced a quarterly dividend of $0.04 per share, with a yield of 1.3%, and a payout ratio of 59.26%.
  • Analysts have largely rated Super Group with a consensus of "Buy", with several firms raising their target prices to between $15.00 and $17.00.
  • Looking to export and analyze Super Group (SGHC) data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

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.

Further Reading

Institutional Ownership by Quarter for Super Group (SGHC) (NYSE:SGHC)

Should You Invest $1,000 in Super Group (SGHC) Right Now?

Before you consider Super Group (SGHC), you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Super Group (SGHC) wasn't on the list.

While Super Group (SGHC) currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Tesla’s Future Unleashed: Elon’s Robotics Move Changes Everything
Top Trades: Massive Gains and Costly Mistakes to Avoid
NVIDIA Earnings: All Signs Point to More Growth Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines