Super Group Limited (NYSE:SGHC) Shares Bought by Boston Partners

Boston Partners grew its holdings in Super Group Limited (NYSE:SGHC) by 15.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 292,495 shares of the company’s stock after buying an additional 38,096 shares during the period. Boston Partners’ holdings in Super Group were worth $1,822,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Caprock Group LLC raised its position in shares of Super Group by 2.8% in the 3rd quarter. Caprock Group LLC now owns 71,933 shares of the company’s stock valued at $261,000 after purchasing an additional 1,959 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of Super Group by 22.7% in the third quarter. HighTower Advisors LLC now owns 21,576 shares of the company’s stock worth $78,000 after buying an additional 3,993 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Super Group by 2.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 362,798 shares of the company’s stock worth $2,260,000 after buying an additional 8,232 shares during the period. DGS Capital Management LLC purchased a new stake in shares of Super Group during the fourth quarter valued at $73,000. Finally, Cibc World Markets Corp acquired a new position in shares of Super Group in the 4th quarter valued at $87,000. Hedge funds and other institutional investors own 5.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on SGHC shares. Benchmark reaffirmed a “buy” rating and set a $10.00 price target on shares of Super Group in a research report on Monday, January 27th. Needham & Company LLC lifted their target price on Super Group from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Wednesday, February 26th. Oppenheimer increased their price target on shares of Super Group from $9.00 to $11.00 and gave the stock an “outperform” rating in a report on Wednesday, January 29th. Finally, Canaccord Genuity Group lifted their price objective on shares of Super Group from $10.00 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, February 26th.

Super Group Stock Down 2.4 %

Shares of SGHC stock opened at $6.82 on Friday. The stock has a market cap of $3.39 billion, a PE ratio of 113.60 and a beta of 1.00. Super Group Limited has a 52-week low of $2.90 and a 52-week high of $8.51. The business has a 50-day simple moving average of $7.37 and a 200-day simple moving average of $5.85.

Super Group Announces Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 10th will be given a $0.04 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a yield of 3.6%. Super Group’s dividend payout ratio is presently 266.67%.

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.