Super Group Limited (NYSE:SGHC – Get Free Report)’s stock price reached a new 52-week high on Friday . The stock traded as high as $8.51 and last traded at $8.45, with a volume of 111277 shares traded. The stock had previously closed at $8.30.
Analyst Ratings Changes
A number of research firms have recently commented on SGHC. Oppenheimer upped 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. Canaccord Genuity Group upgraded Super Group from a “hold” rating to a “buy” rating and boosted their price target for the company from $5.00 to $10.00 in a report on Friday, January 24th. Benchmark restated a “buy” rating and set a $10.00 price objective on shares of Super Group in a report on Monday, January 27th. Finally, Needham & Company LLC reissued a “buy” rating and set a $9.00 price target on shares of Super Group in a research report on Wednesday, January 22nd.
Read Our Latest Research Report on Super Group
Super Group Trading Up 0.2 %
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 given a dividend of $0.15 per share. This represents a yield of 5.7%. The ex-dividend date was Monday, December 23rd. Super Group’s payout ratio is currently 166.69%.
Institutional Trading of Super Group
Hedge funds have recently modified their holdings of the company. Aquatic Capital Management LLC purchased a new position in shares of Super Group in the 4th quarter worth approximately $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Super Group during the fourth quarter worth $66,000. Xponance Inc. purchased a new stake in shares of Super Group during the 4th quarter valued at $67,000. DGS Capital Management LLC acquired a new stake in shares of Super Group in the 4th quarter worth $73,000. Finally, Fox Run Management L.L.C. purchased a new position in Super Group during the 4th quarter worth $75,000. 5.09% of the stock is owned by hedge funds and other institutional investors.
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.
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