Super Group (SGHC) Limited $SGHC Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC boosted its position in Super Group (SGHC) Limited (NYSE:SGHC) by 7.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,888,540 shares of the company’s stock after purchasing an additional 138,065 shares during the period. Geode Capital Management LLC owned about 0.38% of Super Group (SGHC) worth $20,717,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Quarry LP lifted 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 valued at $26,000 after buying an additional 3,129 shares during the period. Nisa Investment Advisors LLC raised its position in Super Group (SGHC) by 132.1% in the second quarter. Nisa Investment Advisors LLC now owns 2,453 shares of the company’s stock worth $27,000 after acquiring an additional 1,396 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in 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 acquiring an additional 1,662 shares during the period. Harvest Fund Management Co. Ltd acquired a new stake in Super Group (SGHC) in the first quarter valued at $37,000. Finally, PharVision Advisers LLC purchased a new stake in shares of Super Group (SGHC) during the 1st quarter worth $71,000. Hedge funds and other institutional investors own 5.09% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on SGHC shares. Canaccord Genuity Group raised their price objective on shares of Super Group (SGHC) from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Friday, September 19th. BTIG Research lifted their price target on shares of Super Group (SGHC) from $19.00 to $20.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Wall Street Zen raised Super Group (SGHC) from a “hold” rating to a “strong-buy” rating in a research note on Sunday, November 9th. Needham & Company LLC upped their price target on Super Group (SGHC) from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Finally, Macquarie reaffirmed an “outperform” rating and set a $19.00 price objective on shares of Super Group (SGHC) in a report on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Super Group (SGHC) presently has an average rating of “Buy” and a consensus price target of $16.30.

Super Group (SGHC) Stock Up 0.0%

SGHC stock opened at $10.93 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.75 and a quick ratio of 1.75. The company’s 50 day simple moving average is $12.38 and its 200-day simple moving average is $11.30. Super Group has a 12 month low of $5.45 and a 12 month high of $14.38. The firm has a market capitalization of $5.50 billion, a PE ratio of 25.43 and a beta of 1.09.

Super Group (SGHC) (NYSE:SGHC) last posted its earnings results on Monday, November 3rd. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.05. The firm had revenue of $557.00 million for the quarter, compared to analyst estimates of $436.19 million. Super Group (SGHC) had a return on equity of 43.14% and a net margin of 10.05%. Equities analysts expect that Super Group will post 0.29 earnings per share for the current fiscal year.

Super Group (SGHC) Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Thursday, September 18th were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Thursday, September 18th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.5%. Super Group (SGHC)’s dividend payout ratio (DPR) is presently 37.21%.

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.