14,005 Shares in Super Group Limited (NYSE:SGHC) Acquired by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV acquired a new position in Super Group Limited (NYSE:SGHC) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 14,005 shares of the company’s stock, valued at approximately $87,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in Super Group by 106.0% in the third quarter. JPMorgan Chase & Co. now owns 226,906 shares of the company’s stock worth $824,000 after purchasing an additional 116,740 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Super Group by 35.7% during the fourth quarter. Renaissance Technologies LLC now owns 134,901 shares of the company’s stock worth $840,000 after buying an additional 35,500 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in Super Group by 360.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,301,153 shares of the company’s stock worth $8,106,000 after buying an additional 1,018,664 shares during the period. American Century Companies Inc. lifted its holdings in Super Group by 19.4% during the fourth quarter. American Century Companies Inc. now owns 4,353,121 shares of the company’s stock worth $27,120,000 after buying an additional 707,723 shares during the period. Finally, Invesco Ltd. lifted its holdings in Super Group by 500.9% during the fourth quarter. Invesco Ltd. now owns 1,493,783 shares of the company’s stock worth $9,306,000 after buying an additional 1,245,185 shares during the period. Institutional investors own 5.09% of the company’s stock.

Analysts Set New Price Targets

SGHC has been the subject of a number of analyst reports. Oppenheimer upped 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. Canaccord Genuity Group upped their target price on Super Group from $12.00 to $14.00 and gave the stock a “buy” rating in a report on Monday, May 12th. Needham & Company LLC upped their target price on Super Group from $10.00 to $11.00 and gave the stock a “buy” rating in a report on Thursday. BTIG Research initiated coverage on Super Group in a report on Friday, March 28th. They set a “buy” rating and a $9.00 target price for the company. Finally, Benchmark restated a “buy” rating and set a $12.00 target price on shares of Super Group in a report on Wednesday, April 16th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $11.40.

Super Group Trading Down 3.2%

Shares of SGHC opened at $8.38 on Friday. Super Group Limited has a 12 month low of $2.91 and a 12 month high of $9.17. The stock has a fifty day moving average price of $7.43 and a 200-day moving average price of $6.94. The firm has a market cap of $4.22 billion, a PE ratio of 139.64 and a beta of 1.01.

Super Group (NYSE:SGHC) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.09 by $0.03. Super Group had a return on equity of 15.40% and a net margin of 2.25%. The firm had revenue of $495.96 million during the quarter, compared to analyst estimates of $423.91 million. As a group, research analysts forecast that Super Group Limited will post 0.29 EPS for the current year.

Super Group Announces Dividend

The company also recently announced a semi-annual dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 10th were paid a $0.04 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a yield of 3.6%. Super Group’s dividend payout ratio (DPR) is 59.26%.

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.