Boston Partners Has $2.94 Million Stock Holdings in Super Group (SGHC) Limited $SGHC

Boston Partners decreased its position in Super Group (SGHC) Limited (NYSE:SGHC) by 10.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 267,607 shares of the company’s stock after selling 30,848 shares during the period. Boston Partners’ holdings in Super Group (SGHC) were worth $2,936,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of SGHC. Millennium Management LLC increased its position in shares of Super Group (SGHC) by 127.2% during the first quarter. Millennium Management LLC now owns 2,737,329 shares of the company’s stock valued at $17,628,000 after purchasing an additional 1,532,666 shares during the period. Nuveen LLC bought a new position in Super Group (SGHC) in the first quarter worth $4,608,000. Acadian Asset Management LLC boosted its stake in Super Group (SGHC) by 58.1% during the second quarter. Acadian Asset Management LLC now owns 1,816,284 shares of the company’s stock worth $19,902,000 after buying an additional 667,571 shares in the last quarter. Hillsdale Investment Management Inc. increased its holdings in Super Group (SGHC) by 68,636.4% in the 2nd quarter. Hillsdale Investment Management Inc. now owns 604,880 shares of the company’s stock valued at $6,636,000 after buying an additional 604,000 shares during the period. Finally, American Century Companies Inc. increased its holdings in Super Group (SGHC) by 11.2% in the 1st quarter. American Century Companies Inc. now owns 4,841,016 shares of the company’s stock valued at $31,176,000 after buying an additional 487,895 shares during the period. Institutional investors own 5.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on SGHC. Benchmark reduced their price objective on shares of Super Group (SGHC) from $18.00 to $17.00 and set a “buy” rating for the company in a report on Friday. JMP Securities raised their price target on shares of Super Group (SGHC) from $15.00 to $16.00 and gave the stock a “market outperform” rating in a research note on Monday, September 22nd. Wall Street Zen raised Super Group (SGHC) from a “hold” rating to a “strong-buy” rating in a report on Sunday, November 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Super Group (SGHC) in a report on Thursday, October 30th. Finally, UBS Group set a $18.00 price target on Super Group (SGHC) in a research note on Thursday, September 18th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Super Group (SGHC) has an average rating of “Buy” and an average price target of $16.30.

Super Group (SGHC) Price Performance

Shares of Super Group (SGHC) stock opened at $10.93 on Friday. The stock has a market capitalization of $5.50 billion, a price-to-earnings ratio of 25.43 and a beta of 1.09. The firm’s 50-day moving average price is $12.38 and its two-hundred day moving average price is $11.30. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.02. Super Group has a 1-year low of $5.45 and a 1-year high of $14.38.

Super Group (SGHC) (NYSE:SGHC) last announced its earnings results on Monday, November 3rd. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.14 by $0.05. The business had revenue of $557.00 million for the quarter, compared to the consensus estimate of $436.19 million. Super Group (SGHC) had a return on equity of 43.14% and a net margin of 10.05%. On average, equities analysts predict that Super Group will post 0.29 earnings per share for the current fiscal year.

Super Group (SGHC) Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Thursday, September 18th were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Thursday, September 18th. Super Group (SGHC)’s dividend payout ratio 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.