Segall Bryant & Hamill LLC purchased a new position in shares of Super Group (SGHC) Limited (NYSE:SGHC - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 327,626 shares of the company's stock, valued at approximately $2,110,000. Segall Bryant & Hamill LLC owned about 0.07% of Super Group (SGHC) as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Charles Schwab Investment Management Inc. increased its holdings in Super Group (SGHC) by 2.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 362,798 shares of the company's stock valued at $2,260,000 after buying an additional 8,232 shares during the last quarter. Cibc World Markets Corp acquired a new stake in Super Group (SGHC) during the 4th quarter valued at approximately $87,000. Boston Partners lifted its stake in shares of Super Group (SGHC) by 15.0% in the 4th quarter. Boston Partners now owns 292,495 shares of the company's stock valued at $1,822,000 after purchasing an additional 38,096 shares during the period. Xponance Inc. purchased a new stake in shares of Super Group (SGHC) during the fourth quarter worth $67,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Super Group (SGHC) in the fourth quarter valued at about $66,000. 5.09% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research firms have recently issued reports on SGHC. Wall Street Zen raised Super Group (SGHC) from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 12th. BTIG Research reissued a "buy" rating on shares of Super Group (SGHC) in a research note on Tuesday, July 8th. Citizens Jmp initiated coverage on Super Group (SGHC) in a report on Monday, July 14th. They issued a "strong-buy" rating and a $15.00 target price on the stock. JMP Securities started coverage on Super Group (SGHC) in a research report on Monday, July 14th. They set a "market outperform" rating and a $15.00 target price for the company. Finally, Canaccord Genuity Group lifted their price objective on Super Group (SGHC) from $14.00 to $15.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. Seven analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $13.13.
Read Our Latest Stock Report on Super Group (SGHC)
Super Group (SGHC) Price Performance
NYSE SGHC traded down $0.12 during trading on Friday, hitting $11.65. 1,358,337 shares of the company's stock traded hands, compared to its average volume of 811,811. The stock has a fifty day moving average of $9.83 and a two-hundred day moving average of $8.17. Super Group has a 12-month low of $2.94 and a 12-month high of $12.18. The firm has a market cap of $5.86 billion, a P/E ratio of 43.15 and a beta of 1.09.
Super Group (SGHC) (NYSE:SGHC - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.03. The business had revenue of $495.96 million during the quarter, compared to the consensus estimate of $423.91 million. Super Group (SGHC) had a net margin of 7.02% and a return on equity of 33.88%. As a group, analysts expect that Super Group will post 0.29 earnings per share for the current fiscal year.
Super Group (SGHC) Dividend Announcement
The business 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. The ex-dividend date was Monday, June 23rd. This represents a $0.16 dividend on an annualized basis and a yield of 1.37%. Super Group (SGHC)'s dividend payout ratio 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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