PDT Partners LLC Purchases New Holdings in Super Group Limited (NYSE:SGHC)

PDT Partners LLC acquired a new stake in Super Group Limited (NYSE:SGHC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 38,497 shares of the company's stock, valued at approximately $240,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Geode Capital Management LLC lifted its position in Super Group by 0.8% in the third quarter. Geode Capital Management LLC now owns 1,742,924 shares of the company's stock valued at $6,327,000 after purchasing an additional 14,507 shares during the period. Barclays PLC boosted its stake in shares of Super Group by 141.1% in the third quarter. Barclays PLC now owns 269,435 shares of the company's stock valued at $978,000 after buying an additional 157,693 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Super Group by 106.0% during the third quarter. JPMorgan Chase & Co. now owns 226,906 shares of the company's stock worth $824,000 after acquiring an additional 116,740 shares during the period. SG Americas Securities LLC raised its position in Super Group by 40.1% in the fourth quarter. SG Americas Securities LLC now owns 68,551 shares of the company's stock worth $427,000 after acquiring an additional 19,631 shares in the last quarter. Finally, DGS Capital Management LLC acquired a new stake in Super Group in the fourth quarter valued at $73,000. 5.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on SGHC. 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. Needham & Company LLC upped their target price on Super Group from $9.00 to $10.00 and gave the company a "buy" rating in a report on Wednesday, February 26th. Oppenheimer lifted their price target on Super Group from $9.00 to $11.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 29th. Canaccord Genuity Group increased their price objective on shares of Super Group from $11.00 to $12.00 and gave the company a "buy" rating in a research note on Monday. Finally, Benchmark restated a "buy" rating and issued a $12.00 target price on shares of Super Group in a report on Wednesday, April 16th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Super Group has an average rating of "Buy" and a consensus price target of $10.80.

Super Group Stock Performance

Shares of NYSE:SGHC traded down $0.05 on Tuesday, hitting $8.76. The company's stock had a trading volume of 1,202,524 shares, compared to its average volume of 622,619. Super Group Limited has a 12 month low of $2.91 and a 12 month high of $8.86. The stock's 50-day moving average is $7.15 and its two-hundred day moving average is $6.68. The company has a market capitalization of $4.41 billion, a price-to-earnings ratio of 146.02 and a beta of 1.01.

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

Super Group Dividend Announcement

The company also recently disclosed a semi-annual dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 10th were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a dividend yield of 3.6%. Super Group's dividend payout ratio is 66.67%.

Super Group 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.