American Century Companies Inc. Has $70.83 Million Stock Holdings in Super Group (SGHC) Limited $SGHC

American Century Companies Inc. increased its position in Super Group (SGHC) Limited (NYSE:SGHC) by 3.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,366,058 shares of the company’s stock after purchasing an additional 156,351 shares during the quarter. American Century Companies Inc. owned approximately 1.07% of Super Group (SGHC) worth $70,832,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Nisa Investment Advisors LLC increased its position in Super Group (SGHC) by 132.1% during the second quarter. Nisa Investment Advisors LLC now owns 2,453 shares of the company’s stock worth $27,000 after buying an additional 1,396 shares during the last quarter. SBI Securities Co. Ltd. boosted its stake in shares of Super Group (SGHC) by 67,900.0% during the 3rd quarter. SBI Securities Co. Ltd. now owns 2,720 shares of the company’s stock worth $36,000 after acquiring an additional 2,716 shares during the period. Greenwich Wealth Management LLC bought a new position in shares of Super Group (SGHC) during the 2nd quarter worth approximately $112,000. Scotia Capital Inc. acquired a new position in shares of Super Group (SGHC) during the 2nd quarter worth approximately $113,000. Finally, Pacer Advisors Inc. boosted its position in Super Group (SGHC) by 78.9% during the third quarter. Pacer Advisors Inc. now owns 10,352 shares of the company’s stock worth $137,000 after purchasing an additional 4,567 shares during the period. 5.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SGHC has been the subject of several research analyst reports. Benchmark lifted their target price on shares of Super Group (SGHC) from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Macquarie Infrastructure reaffirmed an “outperform” rating and issued a $19.00 target price on shares of Super Group (SGHC) in a research report on Wednesday, November 5th. BTIG Research lowered their target price on Super Group (SGHC) from $19.00 to $16.00 and set a “buy” rating on the stock in a research note on Tuesday, February 24th. Wall Street Zen cut Super Group (SGHC) from a “strong-buy” rating to a “buy” rating in a report on Monday, January 12th. Finally, Zacks Research upgraded Super Group (SGHC) from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 25th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Super Group (SGHC) currently has an average rating of “Buy” and a consensus target price of $16.75.

Super Group (SGHC) Trading Up 5.0%

Shares of Super Group (SGHC) stock opened at $11.59 on Thursday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.02. Super Group has a 12-month low of $5.59 and a 12-month high of $14.38. The company has a market capitalization of $5.83 billion, a price-to-earnings ratio of 26.94 and a beta of 1.05. The firm’s 50-day moving average price is $10.20 and its two-hundred day moving average price is $11.46.

Super Group (SGHC) Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a dividend of $0.05 per share. This is an increase from Super Group (SGHC)’s previous quarterly dividend of $0.04. This represents a $0.20 annualized dividend and a yield of 1.7%. The ex-dividend date is Monday, March 16th. Super Group (SGHC)’s dividend payout ratio (DPR) is presently 37.21%.

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.