DGS Capital Management LLC Acquires New Shares in Super Group Limited (NYSE:SGHC)

DGS Capital Management LLC bought a new position in shares of Super Group Limited (NYSE:SGHC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 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 made changes to their positions in the stock. Walleye Capital LLC acquired a new stake in Super Group during the 3rd quarter valued at approximately $54,000. Intech Investment Management LLC acquired a new stake in shares of Super Group during the third quarter worth $66,000. Algert Global LLC raised its stake in Super Group by 54.5% during the second quarter. Algert Global LLC now owns 19,036 shares of the company’s stock worth $61,000 after buying an additional 6,711 shares during the last quarter. Burns Matteson Capital Management LLC acquired a new position in Super Group in the third quarter valued at $70,000. Finally, HighTower Advisors LLC lifted its holdings in shares of Super Group by 22.7% in the 3rd quarter. HighTower Advisors LLC now owns 21,576 shares of the company’s stock worth $78,000 after purchasing an additional 3,993 shares in the last quarter. Institutional investors own 5.09% of the company’s stock.

Super Group Price Performance

Super Group stock opened at $7.92 on Monday. The firm has a market capitalization of $3.94 billion, a P/E ratio of 132.06 and a beta of 0.95. Super Group Limited has a one year low of $2.90 and a one year high of $7.97. The business has a fifty day moving average price of $6.35 and a 200-day moving average price of $4.69.

Super Group Announces Dividend

The company also recently declared a — dividend, which was paid on Wednesday, January 8th. Stockholders of record on Monday, December 23rd were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a dividend yield of 5.7%. Super Group’s payout ratio is currently 166.69%.

Analysts Set New Price Targets

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

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.