11,777 Shares in Super Group Limited (NYSE:SGHC) Bought by DGS Capital Management LLC

DGS Capital Management LLC purchased a new stake in shares of Super Group Limited (NYSE:SGHC) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,777 shares of the company’s stock, valued at approximately $73,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of SGHC. SG Americas Securities LLC increased its holdings in Super Group by 40.1% during the 4th quarter. SG Americas Securities LLC now owns 68,551 shares of the company’s stock valued at $427,000 after purchasing an additional 19,631 shares during the period. JPMorgan Chase & Co. grew its position in shares of Super Group by 106.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 226,906 shares of the company’s stock worth $824,000 after buying an additional 116,740 shares during the last quarter. Barclays PLC increased its stake in shares of Super Group by 141.1% during 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 during the period. Geode Capital Management LLC raised its holdings in shares of Super Group by 0.8% during the third quarter. Geode Capital Management LLC now owns 1,742,924 shares of the company’s stock valued at $6,327,000 after acquiring an additional 14,507 shares in the last quarter. Finally, State Street Corp lifted its stake in Super Group by 8.5% in the third quarter. State Street Corp now owns 2,490,833 shares of the company’s stock worth $9,042,000 after acquiring an additional 194,460 shares during the period. 5.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on SGHC. Benchmark lifted their target price on shares of Super Group from $5.00 to $6.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $9.00 price objective on shares of Super Group in a research report on Wednesday, January 22nd. Canaccord Genuity Group raised Super Group from a “hold” rating to a “buy” rating and increased their target price for the stock from $5.00 to $10.00 in a research report on Friday. Finally, Oppenheimer raised their target price on Super Group from $6.00 to $9.00 and gave the company an “outperform” rating in a research note on Friday, December 13th.

Super Group Trading Up 16.3 %

Shares of SGHC opened at $7.92 on Monday. Super Group Limited has a 1-year low of $2.90 and a 1-year high of $7.97. The firm has a fifty day simple moving average of $6.35 and a two-hundred day simple moving average of $4.69. The firm has a market cap of $3.94 billion, a PE ratio of 132.06 and a beta of 0.95.

Super Group Announces Dividend

The business also recently disclosed a — dividend, which was paid on Wednesday, January 8th. Investors of record on Monday, December 23rd were paid a dividend of $0.15 per share. The ex-dividend date was Monday, December 23rd. This represents a dividend yield of 5.7%. Super Group’s dividend payout ratio (DPR) is presently 166.69%.

About Super Group

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.