26,573 Shares in Super Group (SGHC) Limited $SGHC Bought by Bleakley Financial Group LLC

Bleakley Financial Group LLC acquired a new position in shares of Super Group (SGHC) Limited (NYSE:SGHC) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 26,573 shares of the company’s stock, valued at approximately $292,000.

A number of other institutional investors also recently made changes to their positions in SGHC. Quarry LP raised its holdings in shares of Super Group (SGHC) by 364.3% in the first quarter. Quarry LP now owns 3,988 shares of the company’s stock worth $26,000 after acquiring an additional 3,129 shares during the last quarter. Pacer Advisors Inc. raised its holdings in shares of Super Group (SGHC) by 56.6% in the first quarter. Pacer Advisors Inc. now owns 4,600 shares of the company’s stock worth $30,000 after acquiring an additional 1,662 shares during the last quarter. Signaturefd LLC raised its holdings in shares of Super Group (SGHC) by 95.9% in the first quarter. Signaturefd LLC now owns 5,439 shares of the company’s stock worth $35,000 after acquiring an additional 2,662 shares during the last quarter. Harvest Fund Management Co. Ltd acquired a new position in shares of Super Group (SGHC) in the first quarter worth $37,000. Finally, PharVision Advisers LLC acquired a new position in shares of Super Group (SGHC) in the first quarter worth $71,000. 5.09% of the stock is owned by institutional investors and hedge funds.

Super Group (SGHC) Stock Down 0.8%

Shares of NYSE:SGHC opened at $11.92 on Monday. The company has a market cap of $6.00 billion, a P/E ratio of 45.84 and a beta of 1.11. Super Group has a 52 week low of $4.01 and a 52 week high of $14.38. The business has a fifty day simple moving average of $12.59 and a 200-day simple moving average of $10.65.

Super Group (SGHC) (NYSE:SGHC) last announced its quarterly earnings data on Thursday, September 4th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.02). The business had revenue of $579.00 million during the quarter, compared to analysts’ expectations of $503.00 million. Super Group (SGHC) had a net margin of 6.42% and a return on equity of 36.68%. Sell-side analysts expect that Super Group will post 0.29 earnings per share for the current fiscal year.

Super Group (SGHC) Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Thursday, September 18th were given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 18th. Super Group (SGHC)’s payout ratio is 61.54%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Needham & Company LLC reissued a “buy” rating and issued a $15.00 price target on shares of Super Group (SGHC) in a report on Monday, September 22nd. JMP Securities boosted their price target on Super Group (SGHC) from $15.00 to $16.00 and gave the stock a “market outperform” rating in a report on Monday, September 22nd. Canaccord Genuity Group boosted their price target on Super Group (SGHC) from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, September 19th. Citigroup reissued an “outperform” rating on shares of Super Group (SGHC) in a report on Monday, September 22nd. Finally, BTIG Research reaffirmed a “buy” rating and issued a $14.00 price objective on shares of Super Group (SGHC) in a research report on Thursday, September 18th. Two equities research 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. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $15.40.

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.