Northern Trust Corp Purchases 65,168 Shares of Super Group Limited (NYSE:SGHC)

Northern Trust Corp grew its position in Super Group Limited (NYSE:SGHC - Free Report) by 7.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 967,038 shares of the company's stock after purchasing an additional 65,168 shares during the period. Northern Trust Corp owned about 0.19% of Super Group worth $6,025,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in SGHC. Aquatic Capital Management LLC bought a new position in Super Group in the 4th quarter valued at $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Super Group in the 4th quarter worth about $66,000. Xponance Inc. bought a new position in Super Group during the fourth quarter valued at about $67,000. DGS Capital Management LLC purchased a new stake in Super Group during the fourth quarter worth about $73,000. Finally, Fox Run Management L.L.C. purchased a new stake in Super Group during the fourth quarter worth about $75,000. Hedge funds and other institutional investors own 5.09% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on SGHC. Needham & Company LLC lifted their price target on shares of Super Group from $10.00 to $11.00 and gave the stock a "buy" rating in a report on Thursday, May 15th. BTIG Research assumed coverage on Super Group in a research report on Friday, March 28th. They issued a "buy" rating and a $9.00 target price for the company. Benchmark reaffirmed a "buy" rating and set a $12.00 price target on shares of Super Group in a research report on Wednesday, April 16th. Craig Hallum set a $12.00 price objective on Super Group in a report on Monday, May 19th. Finally, Canaccord Genuity Group boosted their price objective on Super Group from $12.00 to $14.00 and gave the company a "buy" rating in a research note on Monday, May 12th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $11.50.

Super Group Stock Up 0.5%

NYSE:SGHC traded up $0.04 during mid-day trading on Monday, hitting $8.41. 1,195,994 shares of the stock traded hands, compared to its average volume of 652,081. The business's 50-day moving average price is $7.63 and its 200 day moving average price is $7.12. The company has a market cap of $4.23 billion, a PE ratio of 140.19 and a beta of 1.01. Super Group Limited has a 12-month low of $2.91 and a 12-month high of $9.17.

Super Group (NYSE:SGHC - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.09 by $0.03. The business had revenue of $495.96 million during 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%. Analysts anticipate that Super Group Limited will post 0.29 earnings per share for the current fiscal year.

Super Group Announces Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 10th were given a $0.04 dividend. This represents a dividend yield of 3.6%. The ex-dividend date was Monday, March 10th. Super Group's dividend payout ratio (DPR) is 59.26%.

Super Group Company Profile

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.