Quantbot Technologies LP Purchases New Shares in Super Group Limited (NYSE:SGHC)

Quantbot Technologies LP acquired a new position in Super Group Limited (NYSE:SGHC) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 47,602 shares of the company’s stock, valued at approximately $297,000.

A number of other large investors have also recently made changes to their positions in the business. HighTower Advisors LLC lifted its position in Super Group by 22.7% in the third quarter. HighTower Advisors LLC now owns 21,576 shares of the company’s stock worth $78,000 after buying an additional 3,993 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Super Group by 2.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 362,798 shares of the company’s stock worth $2,260,000 after acquiring an additional 8,232 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Super Group during the 4th quarter worth about $66,000. Xponance Inc. bought a new position in Super Group during the 4th quarter valued at about $67,000. Finally, DGS Capital Management LLC purchased a new stake in Super Group in the 4th quarter worth about $73,000. 5.09% of the stock is currently owned by institutional investors.

Super Group Trading Down 1.7 %

Shares of SGHC stock opened at $6.63 on Friday. Super Group Limited has a twelve month low of $2.90 and a twelve month high of $8.51. The stock has a fifty day simple moving average of $7.49 and a two-hundred day simple moving average of $5.98. The stock has a market capitalization of $3.30 billion, a price-to-earnings ratio of 110.45 and a beta of 1.00.

Super Group Dividend Announcement

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 10th were paid a $0.04 dividend. This represents a yield of 3.6%. The ex-dividend date was Monday, March 10th. Super Group’s dividend payout ratio (DPR) is presently 266.67%.

Wall Street Analyst Weigh In

SGHC has been the topic of a number of analyst reports. BTIG Research began coverage on Super Group in a research note on Friday. They set a “buy” rating and a $9.00 target price on the stock. Canaccord Genuity Group upped their price objective on Super Group from $10.00 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, February 26th. Benchmark reiterated a “buy” rating and set a $10.00 target price on shares of Super Group in a research report on Monday, January 27th. Needham & Company LLC upped their price target 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. Finally, Oppenheimer lifted their price objective on shares of Super Group from $9.00 to $11.00 and gave the company an “outperform” rating in a report on Wednesday, January 29th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $10.20.

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.