Commonwealth of Pennsylvania Public School Empls Retrmt SYS Invests $66,000 in Super Group Limited (NYSE:SGHC)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Super Group Limited (NYSE:SGHC) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,666 shares of the company’s stock, valued at approximately $66,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Helikon Investments Ltd raised its holdings in shares of Super Group by 82.5% during the 4th quarter. Helikon Investments Ltd now owns 3,234,022 shares of the company’s stock worth $20,148,000 after acquiring an additional 1,462,418 shares in the last quarter. State Street Corp raised its stake in Super Group by 8.5% during the third quarter. State Street Corp now owns 2,490,833 shares of the company’s stock valued at $9,042,000 after purchasing an additional 194,460 shares in the last quarter. Barclays PLC lifted its position in Super Group by 141.1% during the third quarter. Barclays PLC now owns 269,435 shares of the company’s stock valued at $978,000 after purchasing an additional 157,693 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Super Group by 106.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 226,906 shares of the company’s stock worth $824,000 after buying an additional 116,740 shares in the last quarter. Finally, Globeflex Capital L P bought a new stake in shares of Super Group in the 4th quarter worth about $576,000. 5.09% of the stock is owned by institutional investors.

Super Group Stock Down 1.2 %

NYSE:SGHC opened at $6.77 on Friday. The firm has a 50 day moving average of $7.47 and a 200 day moving average of $5.94. Super Group Limited has a 52 week low of $2.90 and a 52 week high of $8.51. The stock has a market capitalization of $3.37 billion, a price-to-earnings ratio of 112.77 and a beta of 1.00.

Super Group Dividend Announcement

The company also recently announced a semi-annual dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 10th will be paid a $0.04 dividend. The ex-dividend date is Monday, March 10th. This represents a yield of 3.6%. Super Group’s dividend payout ratio (DPR) is 266.67%.

Wall Street Analyst Weigh In

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

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.