PDT Partners LLC Takes Position in Super Group Limited (NYSE:SGHC)

PDT Partners LLC acquired a new position in shares of Super Group Limited (NYSE:SGHC - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 38,497 shares of the company's stock, valued at approximately $240,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of SGHC. Northern Trust Corp grew its stake in Super Group by 7.2% during the 4th quarter. Northern Trust Corp now owns 967,038 shares of the company's stock worth $6,025,000 after buying an additional 65,168 shares during the last quarter. Tudor Investment Corp ET AL grew its position in shares of Super Group by 7.8% during the fourth quarter. Tudor Investment Corp ET AL now owns 41,773 shares of the company's stock worth $260,000 after acquiring an additional 3,022 shares during the last quarter. Aquatic Capital Management LLC acquired a new position in shares of Super Group in the 4th quarter valued at $30,000. Susquehanna Fundamental Investments LLC purchased a new stake in Super Group in the 4th quarter valued at $174,000. Finally, Price T Rowe Associates Inc. MD boosted its stake in Super Group by 22.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 59,420 shares of the company's stock worth $371,000 after purchasing an additional 10,799 shares during the period. Institutional investors and hedge funds own 5.09% of the company's stock.

Super Group Stock Performance

Super Group stock traded down $0.08 during midday trading on Thursday, reaching $8.99. The company's stock had a trading volume of 361,605 shares, compared to its average volume of 834,344. Super Group Limited has a fifty-two week low of $2.91 and a fifty-two week high of $9.17. The firm has a market capitalization of $4.53 billion, a PE ratio of 149.86 and a beta of 1.01. The stock's 50 day simple moving average is $7.21 and its 200 day simple moving average is $6.71.

Super Group (NYSE:SGHC - Get Free Report) last released its quarterly earnings data on Thursday, April 3rd. The company reported $0.13 EPS 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 firm had revenue of $517.61 million for the quarter, compared to the consensus estimate of $413.00 million. Equities analysts predict that Super Group Limited will post 0.29 earnings per share for the current year.

Super Group Announces Dividend

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 was Monday, March 10th. This represents a yield of 3.6%. Super Group's dividend payout ratio is presently 66.67%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SGHC. BTIG Research initiated coverage on shares of Super Group in a report on Friday, March 28th. They issued a "buy" rating and a $9.00 target price for the company. Benchmark reiterated a "buy" rating and issued a $12.00 target price on shares of Super Group in a research note on Wednesday, April 16th. Canaccord Genuity Group lifted their price objective on shares of Super Group from $11.00 to $12.00 and gave the company a "buy" rating in a research report on Monday. Oppenheimer upped their price objective on shares of Super Group from $9.00 to $11.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 29th. Finally, Needham & Company LLC lifted their target price on shares of Super Group from $9.00 to $10.00 and gave the company a "buy" rating in a report on Wednesday, February 26th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $10.80.

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.