Charles Schwab Investment Management Inc. Sells 8,792 Shares of Super Group Limited (NYSE:SGHC)

Charles Schwab Investment Management Inc. lessened its holdings in shares of Super Group Limited (NYSE:SGHC) by 2.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 354,566 shares of the company’s stock after selling 8,792 shares during the period. Charles Schwab Investment Management Inc. owned 0.07% of Super Group worth $1,287,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. GSA Capital Partners LLP lifted its holdings in Super Group by 133.3% during the 3rd quarter. GSA Capital Partners LLP now owns 237,778 shares of the company’s stock worth $863,000 after buying an additional 135,865 shares during the period. Renaissance Technologies LLC raised its position in shares of Super Group by 82.1% during the second quarter. Renaissance Technologies LLC now owns 295,600 shares of the company’s stock worth $955,000 after acquiring an additional 133,300 shares during the last quarter. Helikon Investments Ltd acquired a new position in shares of Super Group in the third quarter worth approximately $6,431,000. The Manufacturers Life Insurance Company boosted its holdings in Super Group by 10.1% in the second quarter. The Manufacturers Life Insurance Company now owns 54,572 shares of the company’s stock valued at $176,000 after acquiring an additional 5,005 shares during the last quarter. Finally, XTX Topco Ltd increased its position in Super Group by 47.3% during the 2nd quarter. XTX Topco Ltd now owns 44,948 shares of the company’s stock valued at $145,000 after purchasing an additional 14,440 shares during the period. Institutional investors own 5.09% of the company’s stock.

Super Group Stock Performance

Shares of SGHC opened at $6.61 on Wednesday. The firm has a market cap of $3.29 billion, a PE ratio of 110.19 and a beta of 0.95. Super Group Limited has a 52-week low of $2.63 and a 52-week high of $7.12. The business’s 50 day moving average price is $5.38 and its two-hundred day moving average price is $4.13.

Super Group Announces Dividend

The business also recently announced a — dividend, which will be paid on Wednesday, January 8th. Investors of record on Monday, December 23rd will be paid 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 is presently 166.69%.

Analyst Upgrades and Downgrades

SGHC has been the topic of a number of recent analyst reports. Needham & Company LLC boosted their price target on shares of Super Group from $7.00 to $9.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Oppenheimer boosted their target price on shares of Super Group from $6.00 to $9.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Finally, Benchmark upped their price target on shares of Super Group from $5.00 to $6.00 and gave the company a “buy” rating in a research 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.