Cantor Fitzgerald L. P. Acquires New Position in Super Group (SGHC) Limited $SGHC

Cantor Fitzgerald L. P. bought a new position in Super Group (SGHC) Limited (NYSE:SGHC) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 50,676 shares of the company’s stock, valued at approximately $669,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. grew its holdings in shares of Super Group (SGHC) by 67,900.0% during the third quarter. SBI Securities Co. Ltd. now owns 2,720 shares of the company’s stock valued at $36,000 after buying an additional 2,716 shares during the last quarter. Greenwich Wealth Management LLC bought a new position in Super Group (SGHC) in the 2nd quarter valued at approximately $112,000. Scotia Capital Inc. bought a new position in Super Group (SGHC) in the 2nd quarter valued at approximately $113,000. Pacer Advisors Inc. boosted its stake in Super Group (SGHC) by 78.9% during the 3rd quarter. Pacer Advisors Inc. now owns 10,352 shares of the company’s stock valued at $137,000 after purchasing an additional 4,567 shares during the last quarter. Finally, Landscape Capital Management L.L.C. bought a new stake in shares of Super Group (SGHC) in the 3rd quarter worth $141,000. Institutional investors own 5.09% of the company’s stock.

Super Group (SGHC) Stock Down 1.5%

Super Group (SGHC) stock opened at $10.72 on Monday. Super Group has a one year low of $5.59 and a one year high of $14.38. The stock has a fifty day moving average of $10.05 and a 200 day moving average of $11.41. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.75 and a current ratio of 1.75. The stock has a market cap of $5.40 billion, a PE ratio of 24.93 and a beta of 1.05.

Super Group (SGHC) Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a dividend of $0.05 per share. The ex-dividend date is Monday, March 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.9%. This is an increase from Super Group (SGHC)’s previous quarterly dividend of $0.04. Super Group (SGHC)’s dividend payout ratio is presently 37.21%.

Analyst Ratings Changes

SGHC has been the subject of several recent analyst reports. Zacks Research upgraded Super Group (SGHC) from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Super Group (SGHC) in a research report on Tuesday, January 27th. BTIG Research decreased their target price on Super Group (SGHC) from $19.00 to $16.00 and set a “buy” rating for the company in a research report on Tuesday, February 24th. Wall Street Zen cut shares of Super Group (SGHC) from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 12th. Finally, Benchmark lifted their price target on shares of Super Group (SGHC) from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $16.75.

Super Group (SGHC) Company Profile

Super Group (NYSE: SGHC) is a global sports betting and iGaming operator that offers online wagering and gaming solutions under well-known brands such as Betway and Spin. The company’s technology platform supports fixed-odds and in-play sports betting, virtual sports, eSports wagering and a diverse suite of casino games, including slots, table games and live dealer experiences. Super Group’s digital infrastructure is designed to deliver a seamless, secure user experience across desktop and mobile devices.

The company holds operating licenses in multiple regulated jurisdictions, including the United Kingdom, Malta, Italy, Spain and selected states in the United States.