Super Group (SGHC) Limited $SGHC Shares Sold by Fiera Capital Corp

Fiera Capital Corp cut its stake in shares of Super Group (SGHC) Limited (NYSE:SGHC) by 40.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 356,613 shares of the company’s stock after selling 245,554 shares during the period. Fiera Capital Corp owned approximately 0.07% of Super Group (SGHC) worth $3,912,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Quarry LP boosted its position in shares of Super Group (SGHC) by 364.3% during the 1st quarter. Quarry LP now owns 3,988 shares of the company’s stock worth $26,000 after purchasing an additional 3,129 shares during the period. Nisa Investment Advisors LLC raised its position in Super Group (SGHC) by 132.1% in the second quarter. Nisa Investment Advisors LLC now owns 2,453 shares of the company’s stock valued at $27,000 after purchasing an additional 1,396 shares during the period. Pacer Advisors Inc. lifted its stake in Super Group (SGHC) by 56.6% during the first quarter. Pacer Advisors Inc. now owns 4,600 shares of the company’s stock worth $30,000 after purchasing an additional 1,662 shares in the last quarter. Signaturefd LLC boosted its position in shares of Super Group (SGHC) by 95.9% during the first quarter. Signaturefd LLC now owns 5,439 shares of the company’s stock worth $35,000 after buying an additional 2,662 shares during the period. Finally, Harvest Fund Management Co. Ltd purchased a new position in shares of Super Group (SGHC) during the first quarter worth $37,000. 5.09% of the stock is owned by hedge funds and other institutional investors.

Super Group (SGHC) Stock Performance

Shares of Super Group (SGHC) stock opened at $12.26 on Friday. The business has a 50-day simple moving average of $12.58 and a 200-day simple moving average of $11.06. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.75 and a current ratio of 1.75. Super Group has a one year low of $5.24 and a one year high of $14.38. The company has a market cap of $6.17 billion, a PE ratio of 28.50 and a beta of 1.09.

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

Super Group (SGHC) Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Super Group (SGHC) in a report on Thursday, October 30th. Needham & Company LLC lifted their target price on Super Group (SGHC) from $15.00 to $17.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Benchmark reissued a “buy” rating and issued a $18.00 price objective on shares of Super Group (SGHC) in a research note on Monday, October 13th. Citigroup reaffirmed an “outperform” rating on shares of Super Group (SGHC) in a research note on Monday, September 22nd. Finally, Macquarie reiterated an “outperform” rating and set a $19.00 target price on shares of Super Group (SGHC) in a report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target 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.