Fox Run Management L.L.C. Takes $75,000 Position in Super Group Limited (NYSE:SGHC)

Fox Run Management L.L.C. acquired a new position in shares of Super Group Limited (NYSE:SGHC) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 12,064 shares of the company’s stock, valued at approximately $75,000.

Several other large investors have also recently bought and sold shares of SGHC. Helikon Investments Ltd grew its stake in shares of Super Group by 82.5% during the 4th quarter. Helikon Investments Ltd now owns 3,234,022 shares of the company’s stock worth $20,148,000 after purchasing an additional 1,462,418 shares during the period. American Century Companies Inc. boosted its holdings in Super Group by 19.4% during the fourth quarter. American Century Companies Inc. now owns 4,353,121 shares of the company’s stock worth $27,120,000 after buying an additional 707,723 shares in the last quarter. State Street Corp grew its position in Super Group by 8.5% during the third quarter. State Street Corp now owns 2,490,833 shares of the company’s stock worth $9,042,000 after buying an additional 194,460 shares during the period. Barclays PLC increased its holdings in Super Group by 141.1% in the third quarter. Barclays PLC now owns 269,435 shares of the company’s stock valued at $978,000 after buying an additional 157,693 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Super Group by 106.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 226,906 shares of the company’s stock valued at $824,000 after acquiring an additional 116,740 shares during the period. Hedge funds and other institutional investors own 5.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on SGHC shares. Oppenheimer upped their price target on Super Group from $9.00 to $11.00 and gave the stock an “outperform” rating in a report on Wednesday, January 29th. Benchmark reissued a “buy” rating and issued a $10.00 target price on shares of Super Group in a report on Monday, January 27th. BTIG Research initiated coverage on Super Group in a research report on Friday. They issued a “buy” rating and a $9.00 price target for the company. Canaccord Genuity Group boosted their price objective on shares of Super Group from $10.00 to $11.00 and gave the stock a “buy” rating in a research report on Wednesday, February 26th. Finally, Needham & Company LLC raised their target price on shares of Super Group from $9.00 to $10.00 and gave the company a “buy” rating in a report on Wednesday, February 26th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Super Group has a consensus rating of “Buy” and a consensus price target of $10.20.

Super Group Stock Performance

Super Group stock opened at $6.63 on Friday. Super Group Limited has a fifty-two week low of $2.90 and a fifty-two week high of $8.51. The company has a market capitalization of $3.30 billion, a price-to-earnings ratio of 110.45 and a beta of 1.00. The stock has a fifty day moving average of $7.49 and a two-hundred day moving average of $5.96.

Super Group Announces Dividend

The company also recently announced a semi-annual dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 10th were issued a $0.04 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a yield of 3.6%. Super Group’s dividend payout ratio (DPR) is 266.67%.

Super Group Company 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.