Super Group (SGHC) Limited (NYSE:SGHC) Position Boosted by Rhumbline Advisers

Rhumbline Advisers increased its holdings in Super Group (SGHC) Limited (NYSE:SGHC) by 6.3% during the first quarter, Holdings Channel reports. The firm owned 206,407 shares of the company’s stock after purchasing an additional 12,261 shares during the period. Rhumbline Advisers’ holdings in Super Group (SGHC) were worth $1,329,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SGHC. Summit Investment Advisors Inc. increased its holdings in shares of Super Group (SGHC) by 17.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 15,676 shares of the company’s stock valued at $98,000 after buying an additional 2,307 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Super Group (SGHC) by 3.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 85,279 shares of the company’s stock worth $531,000 after acquiring an additional 2,997 shares in the last quarter. Tudor Investment Corp ET AL grew its holdings in shares of Super Group (SGHC) by 7.8% in the 4th quarter. Tudor Investment Corp ET AL now owns 41,773 shares of the company’s stock worth $260,000 after acquiring an additional 3,022 shares during the last quarter. Principal Street Partners LLC raised its position in shares of Super Group (SGHC) by 22.7% during the fourth quarter. Principal Street Partners LLC now owns 21,576 shares of the company’s stock worth $134,000 after purchasing an additional 3,993 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in shares of Super Group (SGHC) by 4,606.6% during the first quarter. GAMMA Investing LLC now owns 4,283 shares of the company’s stock valued at $28,000 after purchasing an additional 4,192 shares during the last quarter. 5.09% of the stock is currently owned by institutional investors.

Super Group (SGHC) Trading Up 0.2%

Shares of Super Group (SGHC) stock opened at $9.76 on Thursday. Super Group has a 1 year low of $2.91 and a 1 year high of $9.96. The company has a market cap of $4.91 billion, a P/E ratio of 36.13 and a beta of 1.01. The stock has a 50-day moving average price of $8.47 and a 200 day moving average price of $7.48.

Super Group (SGHC) (NYSE:SGHC) last issued its earnings results on Thursday, May 8th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. The company had revenue of $495.96 million for the quarter, compared to the consensus estimate of $423.91 million. Super Group (SGHC) had a return on equity of 33.88% and a net margin of 7.02%. On average, equities analysts forecast that Super Group will post 0.29 earnings per share for the current fiscal year.

Super Group (SGHC) Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 23rd will be paid a $0.04 dividend. The ex-dividend date is Monday, June 23rd. This represents a $0.16 annualized dividend and a yield of 1.64%. Super Group (SGHC)’s dividend payout ratio is presently 59.26%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. BTIG Research increased their price target on Super Group (SGHC) from $9.00 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, June 11th. Canaccord Genuity Group raised their target price on shares of Super Group (SGHC) from $12.00 to $14.00 and gave the stock a “buy” rating in a report on Monday, May 12th. Needham & Company LLC boosted their price target on shares of Super Group (SGHC) from $10.00 to $11.00 and gave the company a “buy” rating in a report on Thursday, May 15th. Craig Hallum set a $12.00 price target on shares of Super Group (SGHC) in a research report on Monday, May 19th. Finally, Benchmark reaffirmed a “buy” rating and issued a $12.00 price objective on shares of Super Group (SGHC) in a research note on Wednesday, April 16th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $11.83.

Super Group (SGHC) 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.