Super Group (SGHC) Limited $SGHC Stake Lifted by American Century Companies Inc.

American Century Companies Inc. raised its stake in Super Group (SGHC) Limited (NYSE:SGHC) by 7.6% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 5,209,707 shares of the company’s stock after buying an additional 368,691 shares during the quarter. American Century Companies Inc. owned approximately 1.03% of Super Group (SGHC) worth $57,150,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Quarry LP increased its holdings in shares of Super Group (SGHC) by 364.3% in the 1st quarter. Quarry LP now owns 3,988 shares of the company’s stock worth $26,000 after acquiring an additional 3,129 shares during the period. Nisa Investment Advisors LLC grew its position in Super Group (SGHC) by 132.1% in the 2nd quarter. Nisa Investment Advisors LLC now owns 2,453 shares of the company’s stock worth $27,000 after purchasing an additional 1,396 shares during the last quarter. Pacer Advisors Inc. increased its stake in shares of Super Group (SGHC) by 56.6% in the first quarter. Pacer Advisors Inc. now owns 4,600 shares of the company’s stock valued at $30,000 after purchasing an additional 1,662 shares during the period. Harvest Fund Management Co. Ltd bought a new stake in shares of Super Group (SGHC) during the first quarter valued at approximately $37,000. Finally, PharVision Advisers LLC bought a new stake in shares of Super Group (SGHC) during the first quarter valued at approximately $71,000. Institutional investors and hedge funds own 5.09% of the company’s stock.

Super Group (SGHC) Stock Down 6.9%

SGHC stock opened at $10.91 on Friday. Super Group has a 12 month low of $5.45 and a 12 month high of $14.38. The firm has a 50 day simple moving average of $12.39 and a 200 day simple moving average of $11.27. The firm has a market cap of $5.49 billion, a PE ratio of 25.37 and a beta of 1.09. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.75 and a quick ratio of 1.75.

Super Group (SGHC) (NYSE:SGHC) last issued its earnings results on Monday, November 3rd. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.05. The business had revenue of $557.00 million for the quarter, compared to analysts’ expectations of $436.19 million. Super Group (SGHC) had a return on equity of 43.14% and a net margin of 10.05%. Equities research 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 was paid on Friday, September 26th. Shareholders of record on Thursday, September 18th were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 1.5%. The ex-dividend date was Thursday, September 18th. Super Group (SGHC)’s payout ratio is presently 37.21%.

Analyst Ratings Changes

Several research firms recently commented on SGHC. Wall Street Zen upgraded Super Group (SGHC) from a “hold” rating to a “strong-buy” rating in a research report on Sunday, November 9th. Macquarie reissued an “outperform” rating and set a $19.00 price target on shares of Super Group (SGHC) in a report on Wednesday, November 5th. BTIG Research lifted their price objective on shares of Super Group (SGHC) from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Super Group (SGHC) in a research report on Thursday, October 30th. Finally, Benchmark reissued a “buy” rating and set a $18.00 target price on shares of Super Group (SGHC) in a research note on Monday, October 13th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Super Group (SGHC) presently has a consensus rating of “Buy” and an average target price of $16.40.

About Super Group (SGHC)

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.