Super Group (SGHC) Limited $SGHC Position Increased by Algert Global LLC

Algert Global LLC grew its holdings in shares of Super Group (SGHC) Limited (NYSE:SGHC) by 2,639.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 733,109 shares of the company’s stock after purchasing an additional 706,349 shares during the period. Algert Global LLC owned 0.15% of Super Group (SGHC) worth $9,677,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Geode Capital Management LLC boosted its stake in Super Group (SGHC) by 7.9% in the second quarter. Geode Capital Management LLC now owns 1,888,540 shares of the company’s stock valued at $20,717,000 after acquiring an additional 138,065 shares during the period. Legal & General Group Plc grew its holdings in shares of Super Group (SGHC) by 841.4% during the second quarter. Legal & General Group Plc now owns 295,755 shares of the company’s stock valued at $3,243,000 after purchasing an additional 264,339 shares during the last quarter. Squarepoint Ops LLC raised its position in shares of Super Group (SGHC) by 321.6% during the 2nd quarter. Squarepoint Ops LLC now owns 625,421 shares of the company’s stock worth $6,861,000 after purchasing an additional 477,084 shares during the period. Campbell & CO Investment Adviser LLC bought a new stake in shares of Super Group (SGHC) in the 2nd quarter worth approximately $325,000. Finally, Abacus FCF Advisors LLC bought a new stake in shares of Super Group (SGHC) in the 3rd quarter worth approximately $4,869,000. 5.09% of the stock is currently owned by institutional investors.

Super Group (SGHC) Trading Down 1.5%

Super Group (SGHC) stock opened at $10.72 on Monday. Super Group has a 12-month low of $5.59 and a 12-month high of $14.38. 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 stock has a market capitalization of $5.40 billion, a PE ratio of 24.93 and a beta of 1.05. The firm has a 50 day simple moving average of $10.05 and a 200-day simple moving average of $11.41.

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. This represents a $0.20 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, March 16th. This is an increase from Super Group (SGHC)’s previous quarterly dividend of $0.04. Super Group (SGHC)’s dividend payout ratio is 37.21%.

Analyst Ratings Changes

A number of research analysts recently issued reports on SGHC shares. Weiss Ratings restated a “hold (c)” rating on shares of Super Group (SGHC) in a research report on Tuesday, January 27th. Benchmark raised their target price on Super Group (SGHC) from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. BTIG Research reduced their price target on shares of Super Group (SGHC) from $19.00 to $16.00 and set a “buy” rating for the company in a report on Tuesday, February 24th. Wall Street Zen lowered shares of Super Group (SGHC) from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 12th. Finally, Zacks Research raised shares of Super Group (SGHC) from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 25th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $16.75.

About Super Group (SGHC)

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.