Helikon Investments Ltd Buys 1,462,418 Shares of Super Group Limited (NYSE:SGHC)

Helikon Investments Ltd increased its stake in shares of Super Group Limited (NYSE:SGHC) by 82.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,234,022 shares of the company’s stock after purchasing an additional 1,462,418 shares during the quarter. Super Group accounts for 2.1% of Helikon Investments Ltd’s holdings, making the stock its 12th biggest holding. Helikon Investments Ltd’s holdings in Super Group were worth $20,148,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. DGS Capital Management LLC bought a new position in Super Group during the fourth quarter valued at $73,000. SG Americas Securities LLC raised its holdings in shares of Super Group by 40.1% in the fourth quarter. SG Americas Securities LLC now owns 68,551 shares of the company’s stock worth $427,000 after buying an additional 19,631 shares during the period. JPMorgan Chase & Co. boosted its holdings in Super Group by 106.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 226,906 shares of the company’s stock valued at $824,000 after acquiring an additional 116,740 shares during the period. Barclays PLC grew its position in Super Group by 141.1% in the 3rd quarter. Barclays PLC now owns 269,435 shares of the company’s stock valued at $978,000 after acquiring an additional 157,693 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in Super Group by 0.8% in the third quarter. Geode Capital Management LLC now owns 1,742,924 shares of the company’s stock worth $6,327,000 after purchasing an additional 14,507 shares during the period. Hedge funds and other institutional investors own 5.09% of the company’s stock.

Super Group Stock Performance

NYSE:SGHC opened at $7.92 on Monday. The firm has a 50-day simple moving average of $6.35 and a 200-day simple moving average of $4.69. Super Group Limited has a one year low of $2.90 and a one year high of $7.97. The firm has a market cap of $3.94 billion, a P/E ratio of 132.06 and a beta of 0.95.

Super Group Announces Dividend

The firm also recently disclosed a — dividend, which was paid on Wednesday, January 8th. Investors of record on Monday, December 23rd were paid a $0.15 dividend. This represents a yield of 5.7%. The ex-dividend date was Monday, December 23rd. Super Group’s dividend payout ratio (DPR) is 166.67%.

Analyst Upgrades and Downgrades

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

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.