Super Group Limited (NYSE:SGHC) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC grew its stake in Super Group Limited (NYSE:SGHC) by 0.8% during the 3rd quarter, Holdings Channel reports. The firm owned 1,742,924 shares of the company’s stock after purchasing an additional 14,507 shares during the quarter. Geode Capital Management LLC’s holdings in Super Group were worth $6,327,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Walleye Capital LLC acquired a new stake in Super Group in the 3rd quarter worth about $54,000. Intech Investment Management LLC purchased a new position in shares of Super Group in the third quarter valued at approximately $66,000. Algert Global LLC boosted its stake in shares of Super Group by 54.5% in the second quarter. Algert Global LLC now owns 19,036 shares of the company’s stock worth $61,000 after acquiring an additional 6,711 shares during the last quarter. Burns Matteson Capital Management LLC acquired a new position in Super Group in the 3rd quarter valued at $70,000. Finally, HighTower Advisors LLC lifted its holdings in Super Group by 22.7% in the 3rd quarter. HighTower Advisors LLC now owns 21,576 shares of the company’s stock valued at $78,000 after purchasing an additional 3,993 shares in the last quarter. Hedge funds and other institutional investors own 5.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on SGHC shares. Needham & Company LLC upped their target price on shares of Super Group from $7.00 to $9.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Oppenheimer increased their price objective on shares of Super Group from $6.00 to $9.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Finally, Benchmark boosted their target price on Super Group from $5.00 to $6.00 and gave the stock a “buy” rating in a report on Thursday, November 7th.

Super Group Stock Down 1.1 %

Shares of Super Group stock opened at $6.20 on Friday. The business’s fifty day simple moving average is $5.94 and its 200-day simple moving average is $4.37. The firm has a market cap of $3.09 billion, a PE ratio of 103.35 and a beta of 0.95. Super Group Limited has a 52 week low of $2.63 and a 52 week high of $7.12.

Super Group Dividend Announcement

The firm also recently declared a — dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Monday, December 23rd will be given a dividend of $0.15 per share. The ex-dividend date is Monday, December 23rd. This represents a dividend yield of 5.7%. Super Group’s dividend payout ratio is presently 166.67%.

Super Group 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.