Super Group Limited (NYSE:SGHC) Shares Purchased by Mariner LLC

Mariner LLC lifted its holdings in shares of Super Group Limited (NYSE:SGHC - Free Report) by 83.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 97,915 shares of the company's stock after acquiring an additional 44,589 shares during the period. Mariner LLC's holdings in Super Group were worth $610,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of SGHC. Summit Investment Advisors Inc. grew its position in Super Group by 17.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 15,676 shares of the company's stock worth $98,000 after purchasing an additional 2,307 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Super Group by 24.1% during the fourth quarter. Russell Investments Group Ltd. now owns 23,975 shares of the company's stock worth $149,000 after buying an additional 4,661 shares during the period. Barclays PLC grew its holdings in shares of Super Group by 2.7% during the fourth quarter. Barclays PLC now owns 276,817 shares of the company's stock valued at $1,723,000 after buying an additional 7,382 shares during the last quarter. Legal & General Group Plc increased its position in shares of Super Group by 33.2% in the 4th quarter. Legal & General Group Plc now owns 31,394 shares of the company's stock valued at $196,000 after acquiring an additional 7,825 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in Super Group by 2.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 362,798 shares of the company's stock worth $2,260,000 after acquiring an additional 8,232 shares during the last quarter. Institutional investors and hedge funds own 5.09% of the company's stock.

Wall Street Analysts Forecast Growth

SGHC has been the topic of several research analyst reports. BTIG Research assumed coverage on Super Group in a research note on Friday, March 28th. They set a "buy" rating and a $9.00 price target on the stock. Benchmark reiterated a "buy" rating and issued a $12.00 target price on shares of Super Group in a research report on Wednesday, April 16th. Needham & Company LLC raised their price target on shares of Super Group from $9.00 to $10.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th. Oppenheimer lifted their price objective on shares of Super Group from $9.00 to $11.00 and gave the company an "outperform" rating in a research note on Wednesday, January 29th. Finally, Canaccord Genuity Group increased their price objective on shares of Super Group from $10.00 to $11.00 and gave the stock a "buy" rating in a research note on Wednesday, February 26th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $10.60.

Super Group Stock Up 4.2 %

Shares of NYSE:SGHC traded up $0.34 during trading on Friday, hitting $8.48. 1,083,050 shares of the stock traded hands, compared to its average volume of 617,771. The company has a fifty day moving average price of $7.13 and a two-hundred day moving average price of $6.63. Super Group Limited has a 52-week low of $2.91 and a 52-week high of $8.51. The company has a market cap of $4.27 billion, a price-to-earnings ratio of 141.36 and a beta of 1.05.

Super Group (NYSE:SGHC - Get Free Report) last issued its quarterly earnings data on Thursday, April 3rd. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.04. Super Group had a net margin of 2.25% and a return on equity of 15.40%. The business had revenue of $517.61 million during the quarter, compared to the consensus estimate of $413.00 million. On average, equities research analysts predict that Super Group Limited will post 0.29 EPS for the current fiscal year.

Super Group Dividend Announcement

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 10th were given a $0.04 dividend. This represents a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, March 10th. Super Group's dividend payout ratio (DPR) is presently 66.67%.

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.