Helikon Investments Ltd Buys Shares of 1,771,604 Super Group Limited (NYSE:SGHC)

Helikon Investments Ltd bought a new stake in Super Group Limited (NYSE:SGHC) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,771,604 shares of the company’s stock, valued at approximately $6,431,000. Super Group makes up 0.6% of Helikon Investments Ltd’s portfolio, making the stock its 15th largest holding. Helikon Investments Ltd owned about 0.36% of Super Group as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Acadian Asset Management LLC bought a new stake in shares of Super Group during the 1st quarter worth approximately $31,000. Bleakley Financial Group LLC acquired a new position in shares of Super Group during the 1st quarter worth approximately $47,000. Algert Global LLC increased its holdings in shares of Super Group by 54.5% during the 2nd quarter. Algert Global LLC now owns 19,036 shares of the company’s stock worth $61,000 after acquiring an additional 6,711 shares during the last quarter. Burns Matteson Capital Management LLC acquired a new position in shares of Super Group during the 3rd quarter worth approximately $70,000. Finally, AQR Capital Management LLC acquired a new position in shares of Super Group during the 2nd quarter worth approximately $77,000. Institutional investors own 5.09% of the company’s stock.

Super Group Stock Performance

Shares of SGHC stock traded down $0.06 on Thursday, hitting $4.09. The company had a trading volume of 52,418 shares, compared to its average volume of 407,933. The firm has a market cap of $2.04 billion, a P/E ratio of 69.17 and a beta of 0.71. The stock’s 50-day moving average is $3.72 and its two-hundred day moving average is $3.52. Super Group Limited has a twelve month low of $2.63 and a twelve month high of $4.25.

Super Group (NYSE:SGHC) last released its earnings results on Wednesday, August 7th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.03). Super Group had a return on equity of 12.17% and a net margin of 2.42%. The business had revenue of $446.44 million for the quarter, compared to analyst estimates of $436.89 million. Equities research analysts predict that Super Group Limited will post 0.25 EPS for the current year.

Analysts Set New Price Targets

SGHC has been the topic of a number of research reports. Benchmark reaffirmed a “buy” rating and issued a $5.00 price objective on shares of Super Group in a report on Thursday, August 8th. Needham & Company LLC reaffirmed a “buy” rating and issued a $6.00 price objective on shares of Super Group in a report on Friday, August 9th.

Super Group 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.