State Street Corp Increases Holdings in Super Group Limited (NYSE:SGHC)

State Street Corp boosted its position in shares of Super Group Limited (NYSE:SGHC) by 8.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,490,833 shares of the company’s stock after purchasing an additional 194,460 shares during the quarter. State Street Corp owned about 0.50% of Super Group worth $9,042,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Walleye Capital LLC bought a new position in Super Group in the third quarter worth approximately $54,000. Algert Global LLC raised its position in shares of Super Group by 54.5% in the 2nd quarter. Algert Global LLC now owns 19,036 shares of the company’s stock worth $61,000 after acquiring an additional 6,711 shares in the last quarter. Intech Investment Management LLC purchased a new stake in shares of Super Group during the 3rd quarter worth $66,000. Burns Matteson Capital Management LLC bought a new stake in Super Group during the third quarter valued at about $70,000. Finally, AQR Capital Management LLC purchased a new position in Super Group in the second quarter valued at about $77,000. 5.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have commented on SGHC. Oppenheimer increased their price target on shares of Super Group from $6.00 to $9.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Benchmark boosted their price objective on shares of Super Group from $5.00 to $6.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Finally, Needham & Company LLC raised their target price on shares of Super Group from $7.00 to $9.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th.

Super Group Stock Performance

Shares of NYSE SGHC opened at $6.29 on Friday. Super Group Limited has a fifty-two week low of $2.63 and a fifty-two week high of $7.12. The company has a market cap of $3.13 billion, a PE ratio of 104.85 and a beta of 0.95. The business has a 50-day simple moving average of $5.69 and a two-hundred day simple moving average of $4.25.

Super Group Dividend Announcement

The business also recently disclosed a — dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Monday, December 23rd will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a dividend yield of 5.7%. Super Group’s payout ratio is currently 166.67%.

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.