Geode Capital Management LLC Acquires 14,507 Shares of Super Group Limited (NYSE:SGHC)

Geode Capital Management LLC raised its holdings in shares of Super Group Limited (NYSE:SGHC) by 0.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,742,924 shares of the company’s stock after purchasing an additional 14,507 shares during the quarter. Geode Capital Management LLC owned 0.35% of Super Group worth $6,327,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. State Street Corp lifted its stake in Super Group by 8.5% in the third quarter. State Street Corp now owns 2,490,833 shares of the company’s stock worth $9,042,000 after acquiring an additional 194,460 shares during the period. Helikon Investments Ltd purchased a new stake in shares of Super Group in the 3rd quarter worth approximately $6,431,000. American Century Companies Inc. boosted its stake in shares of Super Group by 6,842.6% during the second quarter. American Century Companies Inc. now owns 973,290 shares of the company’s stock valued at $3,144,000 after purchasing an additional 959,271 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Super Group by 26.1% during the second quarter. Bank of New York Mellon Corp now owns 420,320 shares of the company’s stock valued at $1,358,000 after buying an additional 87,118 shares during the period. Finally, Renaissance Technologies LLC raised its stake in Super Group by 82.1% in the second quarter. Renaissance Technologies LLC now owns 295,600 shares of the company’s stock worth $955,000 after buying an additional 133,300 shares in the last quarter. 5.09% of the stock is owned by hedge funds and other institutional investors.

Super Group Trading Down 1.1 %

NYSE:SGHC opened at $6.20 on Friday. The company has a market capitalization of $3.09 billion, a P/E ratio of 103.35 and a beta of 0.95. Super Group Limited has a 12 month low of $2.63 and a 12 month high of $7.12. The firm has a fifty day simple moving average of $5.94 and a 200-day simple moving average of $4.37.

Super Group Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Needham & Company LLC lifted their price target on Super Group from $7.00 to $9.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Oppenheimer boosted their target price on shares of Super Group from $6.00 to $9.00 and gave the stock an “outperform” rating in a report on Friday, December 13th. Finally, Benchmark raised their price target on shares of Super Group from $5.00 to $6.00 and gave the company a “buy” rating in a report on Thursday, November 7th.

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.