290,624 Shares in Super Group (SGHC) Limited $SGHC Acquired by Calamos Advisors LLC

Calamos Advisors LLC acquired a new stake in shares of Super Group (SGHC) Limited (NYSE:SGHC) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 290,624 shares of the company’s stock, valued at approximately $3,188,000.

Other institutional investors have also recently modified their holdings of the company. State of Wyoming raised its position in shares of Super Group (SGHC) by 31.9% in the 1st quarter. State of Wyoming now owns 93,970 shares of the company’s stock worth $605,000 after purchasing an additional 22,715 shares during the last quarter. Acadian Asset Management LLC raised its holdings in Super Group (SGHC) by 58.1% in the second quarter. Acadian Asset Management LLC now owns 1,816,284 shares of the company’s stock worth $19,902,000 after buying an additional 667,571 shares during the last quarter. Cetera Investment Advisers bought a new position in shares of Super Group (SGHC) in the first quarter worth approximately $529,000. Fiera Capital Corp purchased a new stake in shares of Super Group (SGHC) during the first quarter valued at approximately $3,878,000. Finally, Mackenzie Financial Corp increased its position in shares of Super Group (SGHC) by 349.9% during the first quarter. Mackenzie Financial Corp now owns 254,318 shares of the company’s stock valued at $1,638,000 after acquiring an additional 197,795 shares in the last quarter. 5.09% of the stock is owned by hedge funds and other institutional investors.

Super Group (SGHC) Stock Performance

SGHC stock opened at $12.32 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.75 and a quick ratio of 1.75. Super Group has a 1 year low of $5.22 and a 1 year high of $14.38. The company has a market cap of $6.20 billion, a P/E ratio of 28.65 and a beta of 1.09. The stock’s fifty day moving average price is $12.58 and its 200-day moving average price is $11.03.

Super Group (SGHC) (NYSE:SGHC) last posted its earnings results on Monday, November 3rd. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.05. The company had revenue of $557.00 million for the quarter, compared to the consensus estimate of $436.19 million. Super Group (SGHC) had a return on equity of 43.14% and a net margin of 10.05%. On average, equities analysts forecast that Super Group will post 0.29 earnings per share for the current year.

Super Group (SGHC) Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Thursday, September 18th were issued a $0.04 dividend. The ex-dividend date of this dividend was Thursday, September 18th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.3%. Super Group (SGHC)’s dividend payout ratio (DPR) is presently 37.21%.

Analyst Ratings Changes

Several brokerages have commented on SGHC. Benchmark reiterated a “buy” rating and set a $18.00 target price on shares of Super Group (SGHC) in a research note on Monday, October 13th. UBS Group set a $18.00 price target on Super Group (SGHC) in a report on Thursday, September 18th. BTIG Research lifted their price objective on Super Group (SGHC) from $19.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Macquarie reissued an “outperform” rating and issued a $19.00 target price on shares of Super Group (SGHC) in a research report on Wednesday, November 5th. Finally, JMP Securities raised their price target on shares of Super Group (SGHC) from $15.00 to $16.00 and gave the company a “market outperform” rating in a report on Monday, September 22nd. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Super Group (SGHC) has a consensus rating of “Buy” and an average target price of $16.40.

Super Group (SGHC) 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.