Super Group (NYSE:SGHC) Reaches New 52-Week High

Super Group Limited ( NYSE:SGHC – Get Free Report ) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $7.20 and last traded at $7.

51, with a volume of 34094 shares trading hands. The stock had previously closed at $6.81.

Wall Street Analysts Forecast Growth SGHC has been the topic of a number of recent research reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $9.00 target price on shares of Super Group in a research report on Wednesday.

Oppenheimer raised their target price on shares of Super Group from $6.00 to $9.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th.

Benchmark boosted their price target on Super Group from $5.00 to $6.00 and gave the company a “buy” rating in a research note on Thursday, November 7th.

Finally, Canaccord Genuity Group upgraded shares of Super Group from a “hold” rating to a “buy” rating and increased their target price for the stock from $5.00 to $10.00 in a research report on Friday.

Check Out Our Latest Research Report on SGHC Super Group Stock Up 16.3 % Super Group Dividend Announcement The firm also recently disclosed a — dividend, which was paid on Wednesday, January 8th. Stockholders of record on Monday, December 23rd were given a $0.

15 dividend. This represents a dividend yield of 5.7%.

The ex-dividend date of this dividend was Monday, December 23rd. Super Group’s dividend payout ratio (DPR) is presently 166.69%.

Hedge Funds Weigh In On Super Group A number of institutional investors and hedge funds have recently modified their holdings of SGHC. Helikon Investments Ltd grew its stake in shares of Super Group by 82.5% in the 4th quarter.

Helikon Investments Ltd now owns 3,234,022 shares of the company’s stock valued at $20,148,000 after buying an additional 1,462,418 shares during the period. DGS Capital Management LLC acquired a new position in shares of Super Group during the fourth quarter worth approximately $73,000. SG Americas Securities LLC lifted its holdings in shares of Super Group by 40.

1% in the 4th quarter. SG Americas Securities LLC now owns 68,551 shares of the company’s stock worth $427,000 after purchasing an additional 19,631 shares in the last quarter. JPMorgan Chase & Co.

grew its position in Super Group by 106.0% in the 3rd quarter. JPMorgan Chase & Co.

now owns 226,906 shares of the company’s stock valued at $824,000 after purchasing an additional 116,740 shares during the period. Finally, Barclays PLC increased its stake in Super Group by 141.1% during the 3rd quarter.

Barclays PLC now owns 269,435 shares of the company’s stock valued at $978,000 after purchasing an additional 157,693 shares in the last quarter. 5.09% of the stock is currently owned by institutional investors.

Super Group Company Profile ( Get Free Report ) 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.

Further Reading Five stocks we like better than Super Group Why Invest in 5G? How to Invest in 5G Stocks Bloom Energy: Powering the Future With Decentralized Energy Are Penny Stocks a Good Fit for Your Portfolio? Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul What is the Nasdaq? Complete Overview with History Why Traders Are Buying the Dip on Johnson & Johnson Stock Receive News & Ratings for Super Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Super Group and related companies with MarketBeat.com's FREE daily email newsletter ..