Super Group Limited (NYSE:SGHC) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lowered its stake in shares of Super Group Limited (NYSE:SGHC) by 55.8% in the third quarter, Holdings Channel reports. The firm owned 84,497 shares of the company’s stock after selling 106,738 shares during the period. Jane Street Group LLC’s holdings in Super Group were worth $307,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of SGHC. Helikon Investments Ltd acquired a new position in shares of Super Group in the 3rd quarter valued at $6,431,000. American Century Companies Inc. lifted its position in Super Group by 6,842.6% in the second quarter. American Century Companies Inc. now owns 973,290 shares of the company’s stock valued at $3,144,000 after buying an additional 959,271 shares during the last quarter. State Street Corp boosted 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 worth $9,042,000 after buying an additional 194,460 shares during the period. GSA Capital Partners LLP boosted its position in shares of Super Group by 133.3% during the 3rd quarter. GSA Capital Partners LLP now owns 237,778 shares of the company’s stock worth $863,000 after purchasing an additional 135,865 shares during the period. Finally, Renaissance Technologies LLC lifted its stake in Super Group by 82.1% during the second quarter. Renaissance Technologies LLC now owns 295,600 shares of the company’s stock worth $955,000 after purchasing an additional 133,300 shares in the last quarter. Institutional investors and hedge funds own 5.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on SGHC. Needham & Company LLC increased their target price on Super Group from $7.00 to $9.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Benchmark upped their target price on shares of Super Group from $5.00 to $6.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Finally, Oppenheimer raised their price target on shares of Super Group from $6.00 to $9.00 and gave the company an “outperform” rating in a research report on Friday, December 13th.

Super Group Stock Down 2.2 %

SGHC opened at $5.84 on Friday. Super Group Limited has a 52 week low of $2.63 and a 52 week high of $7.12. The business has a 50 day moving average price of $6.08 and a two-hundred day moving average price of $4.44. The company has a market cap of $2.91 billion, a PE ratio of 97.35 and a beta of 0.95.

Super Group Dividend Announcement

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

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.