Super Group Limited (NYSE:SGHC) Shares Acquired by Legal & General Group Plc

Legal & General Group Plc boosted its position in Super Group Limited (NYSE:SGHC) by 33.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,394 shares of the company’s stock after buying an additional 7,825 shares during the quarter. Legal & General Group Plc’s holdings in Super Group were worth $196,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Russell Investments Group Ltd. grew its holdings in shares of Super Group by 24.1% during the 4th quarter. Russell Investments Group Ltd. now owns 23,975 shares of the company’s stock valued at $149,000 after acquiring an additional 4,661 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Super Group by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 362,798 shares of the company’s stock valued at $2,260,000 after purchasing an additional 8,232 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Super Group in the fourth quarter valued at about $66,000. Xponance Inc. acquired a new stake in shares of Super Group during the 4th quarter worth approximately $67,000. Finally, DGS Capital Management LLC acquired a new stake in Super Group during the fourth quarter worth $73,000. Institutional investors and hedge funds own 5.09% of the company’s stock.

Super Group Stock Performance

Shares of NYSE SGHC opened at $8.19 on Friday. The company has a market capitalization of $4.12 billion, a P/E ratio of 136.52 and a beta of 1.05. The company’s 50 day moving average price is $7.11 and its 200-day moving average price is $6.58. Super Group Limited has a 52-week low of $2.91 and a 52-week high of $8.51.

Super Group (NYSE:SGHC) last released its quarterly earnings data on Thursday, April 3rd. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.09 by $0.04. The firm had revenue of $517.61 million during the quarter, compared to the consensus estimate of $413.00 million. Super Group had a return on equity of 15.40% and a net margin of 2.25%. Analysts forecast that Super Group Limited will post 0.29 earnings per share for the current year.

Super Group Announces Dividend

The firm also recently declared a semi-annual dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 10th were given a $0.04 dividend. This represents a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, March 10th. Super Group’s dividend payout ratio (DPR) is currently 66.67%.

Wall Street Analysts Forecast Growth

SGHC has been the topic of a number of recent analyst reports. Needham & Company LLC boosted their price objective on Super Group from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Wednesday, February 26th. BTIG Research initiated coverage on Super Group in a research report on Friday, March 28th. They issued a “buy” rating and a $9.00 price target on the stock. Canaccord Genuity Group increased their target price on shares of Super Group from $10.00 to $11.00 and gave the stock a “buy” rating in a report on Wednesday, February 26th. Benchmark reiterated a “buy” rating and issued a $12.00 price objective on shares of Super Group in a research report on Wednesday, April 16th. Finally, Oppenheimer increased their target price on Super Group from $9.00 to $11.00 and gave the stock an “outperform” rating in a report on Wednesday, January 29th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $10.60.

About Super Group

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.