XTX Topco Ltd Sells 28,485 Shares of Super Group Limited (NYSE:SGHC)

XTX Topco Ltd decreased its holdings in shares of Super Group Limited (NYSE:SGHC) by 63.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,463 shares of the company’s stock after selling 28,485 shares during the period. XTX Topco Ltd’s holdings in Super Group were worth $60,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Super Group Trading Up 1.9 %

Shares of Super Group stock opened at $6.51 on Monday. The stock has a 50 day moving average of $5.52 and a 200 day moving average of $4.18. Super Group Limited has a 12 month low of $2.63 and a 12 month high of $7.12. The firm has a market cap of $3.24 billion, a PE ratio of 108.52 and a beta of 0.95.

Super Group Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts have recently commented on SGHC shares. Oppenheimer boosted their price objective on Super Group from $6.00 to $9.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Benchmark upped their price target on 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 lifted their price objective on shares of Super Group from $7.00 to $9.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th.

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.