4D Advisors LLC Sells 200,000 Shares of Super Group (SGHC) Limited $SGHC

4D Advisors LLC cut its holdings in shares of Super Group (SGHC) Limited (NYSE:SGHC) by 28.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 500,000 shares of the company’s stock after selling 200,000 shares during the period. Super Group (SGHC) accounts for approximately 3.3% of 4D Advisors LLC’s portfolio, making the stock its 11th largest position. 4D Advisors LLC’s holdings in Super Group (SGHC) were worth $5,975,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC grew its holdings in shares of Super Group (SGHC) by 235.3% in the first quarter. AQR Capital Management LLC now owns 167,969 shares of the company’s stock valued at $1,082,000 after purchasing an additional 117,869 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Super Group (SGHC) by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 89,062 shares of the company’s stock worth $574,000 after acquiring an additional 3,783 shares during the last quarter. Millennium Management LLC increased its stake in Super Group (SGHC) by 127.2% during the first quarter. Millennium Management LLC now owns 2,737,329 shares of the company’s stock worth $17,628,000 after acquiring an additional 1,532,666 shares during the last quarter. Jane Street Group LLC bought a new stake in Super Group (SGHC) during the first quarter worth approximately $1,523,000. Finally, JPMorgan Chase & Co. increased its stake in Super Group (SGHC) by 30.4% during the second quarter. JPMorgan Chase & Co. now owns 722,660 shares of the company’s stock worth $7,928,000 after acquiring an additional 168,622 shares during the last quarter. 5.09% of the stock is owned by institutional investors.

Super Group (SGHC) Stock Down 1.3%

Shares of NYSE:SGHC opened at $13.47 on Thursday. Super Group has a 52-week low of $8.46 and a 52-week high of $14.38. The stock has a market cap of $6.81 billion, a P/E ratio of 27.89 and a beta of 1.08. The business’s 50 day moving average is $12.65 and its 200 day moving average is $11.31. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.02.

Super Group (SGHC) (NYSE:SGHC) last announced its quarterly earnings data on Saturday, April 18th. The company reported $0.13 earnings per share (EPS) for the quarter. Super Group (SGHC) had a return on equity of 42.85% and a net margin of 10.58%.The company had revenue of $578.00 million for the quarter. Sell-side analysts predict that Super Group will post 0.8 EPS for the current year.

Super Group (SGHC) Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd will be paid a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a $0.20 annualized dividend and a yield of 1.5%. Super Group (SGHC)’s dividend payout ratio is 41.67%.

Analysts Set New Price Targets

Several brokerages have weighed in on SGHC. Wall Street Zen raised Super Group (SGHC) from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Zacks Research cut Super Group (SGHC) from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Citizens Jmp boosted their price objective on Super Group (SGHC) from $16.00 to $17.00 and gave the stock a “market outperform” rating in a research note on Wednesday, May 20th. Weiss Ratings raised Super Group (SGHC) from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Finally, BTIG Research reissued a “buy” rating and set a $16.00 price objective on shares of Super Group (SGHC) in a research note on Thursday, April 16th. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $17.57.

Insider Transactions at Super Group (SGHC)

In related news, CFO Wyk Alinda Van sold 78,837 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $13.70, for a total value of $1,080,066.90. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, General Counsel Martine Nathan sold 4,761 shares of the stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $10.71, for a total value of $50,990.31. Following the completion of the transaction, the general counsel directly owned 30,172 shares in the company, valued at approximately $323,142.12. This trade represents a 13.63% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 285,979 shares of company stock worth $3,356,623 in the last ninety days. 10.41% of the stock is owned by company insiders.

Super Group (SGHC) 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.