Sei Investments Co. Takes $479,000 Position in Super Group Limited (NYSE:SGHC)

Sei Investments Co. purchased 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 SEC. The firm purchased 76,931 shares of the company's stock, valued at approximately $479,000.

A number of other institutional investors have also recently modified their holdings of SGHC. American Century Companies Inc. raised its holdings in Super Group by 19.4% in the 4th quarter. American Century Companies Inc. now owns 4,353,121 shares of the company's stock valued at $27,120,000 after acquiring an additional 707,723 shares during the last quarter. Quantbot Technologies LP purchased a new position in Super Group during the fourth quarter worth approximately $297,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Super Group during the 4th quarter valued at $66,000. Xponance Inc. purchased a new position in shares of Super Group in the 4th quarter worth about $67,000. Finally, Boston Partners raised its holdings in Super Group by 15.0% in the fourth quarter. Boston Partners now owns 292,495 shares of the company's stock valued at $1,822,000 after acquiring an additional 38,096 shares in the last quarter. 5.09% of the stock is currently owned by hedge funds and other institutional investors.

Super Group Stock Performance

Shares of NYSE SGHC traded up $0.08 during mid-day trading on Tuesday, hitting $7.18. 19,532 shares of the stock were exchanged, compared to its average volume of 597,447. The stock's fifty day simple moving average is $7.23 and its two-hundred day simple moving average is $6.26. Super Group Limited has a twelve month low of $2.90 and a twelve month high of $8.51. The company has a market cap of $3.62 billion, a P/E ratio of 119.17 and a beta of 1.05.

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, beating analysts' consensus estimates of $0.09 by $0.04. Super Group had a return on equity of 15.40% and a net margin of 2.25%. The business had revenue of $517.61 million during the quarter, compared to the consensus estimate of $413.00 million. As a group, equities research analysts predict that Super Group Limited will post 0.29 earnings per share for the current fiscal year.

Super Group Announces Dividend

The firm also recently declared a semi-annual dividend, which was paid on Friday, March 28th. Stockholders 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 dividend yield of 3.6%. Super Group's dividend payout ratio (DPR) is presently 66.67%.

Analyst Ratings Changes

SGHC has been the topic of a number of recent research reports. Needham & Company LLC raised their target price on shares of Super Group from $9.00 to $10.00 and gave the stock a "buy" rating in a report on Wednesday, February 26th. Benchmark reaffirmed a "buy" rating and issued a $10.00 price objective on shares of Super Group in a report on Monday, January 27th. Canaccord Genuity Group lifted 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. BTIG Research began coverage on shares of Super Group in a research note on Friday, March 28th. They set a "buy" rating and a $9.00 target price for the company. Finally, Oppenheimer raised their price objective on Super Group from $9.00 to $11.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 29th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Super Group currently has an average rating of "Buy" and an average price target of $10.20.

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.