AYAL Capital Advisors Ltd Takes $4.51 Million Position in Super Group (SGHC) Limited $SGHC

AYAL Capital Advisors Ltd purchased a new stake in shares of Super Group (SGHC) Limited (NYSE:SGHC) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 377,406 shares of the company’s stock, valued at approximately $4,510,000. Super Group (SGHC) comprises approximately 1.6% of AYAL Capital Advisors Ltd’s holdings, making the stock its 21st largest holding.

Other hedge funds also recently made changes to their positions in the company. American Century Companies Inc. raised its holdings in Super Group (SGHC) by 3.0% during the third quarter. American Century Companies Inc. now owns 5,366,058 shares of the company’s stock worth $70,832,000 after purchasing an additional 156,351 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in Super Group (SGHC) by 4.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 4,639,678 shares of the company’s stock worth $55,444,000 after purchasing an additional 202,144 shares in the last quarter. Millennium Management LLC raised its holdings in Super Group (SGHC) by 127.2% during the first quarter. Millennium Management LLC now owns 2,737,329 shares of the company’s stock worth $17,628,000 after purchasing an additional 1,532,666 shares in the last quarter. Norges Bank bought a new stake in Super Group (SGHC) during the fourth quarter worth approximately $23,791,000. Finally, Vanguard Group Inc. raised its holdings in Super Group (SGHC) by 8.3% during the third quarter. Vanguard Group Inc. now owns 1,988,987 shares of the company’s stock worth $26,255,000 after purchasing an additional 152,362 shares in the last quarter. Institutional investors own 5.09% of the company’s stock.

Insider Activity

In other Super Group (SGHC) news, General Counsel Martine Nathan sold 4,761 shares of Super Group (SGHC) stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $10.71, for a total transaction of $50,990.31. Following the transaction, the general counsel directly owned 30,172 shares in the company, valued at approximately $323,142.12. The trade was a 13.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Wyk Alinda Van sold 78,837 shares of Super Group (SGHC) stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $13.70, for a total transaction of $1,080,066.90. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 285,979 shares of company stock valued at $3,356,623. 10.41% of the stock is currently owned by company insiders.

Super Group (SGHC) Trading Down 1.3%

Super Group (SGHC) stock opened at $13.47 on Thursday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.61 and a current ratio of 1.61. The firm has a market cap of $6.81 billion, a price-to-earnings ratio of 27.89 and a beta of 1.08. Super Group has a 1 year low of $8.46 and a 1 year high of $14.38. The firm’s 50 day moving average price is $12.65 and its two-hundred day moving average price is $11.31.

Super Group (SGHC) (NYSE:SGHC) last posted its quarterly earnings results on Saturday, April 18th. The company reported $0.13 earnings per share (EPS) for the quarter. Super Group (SGHC) had a net margin of 10.58% and a return on equity of 42.85%. The firm had revenue of $578.00 million for the quarter. On average, research analysts predict that Super Group will post 0.8 EPS for the current fiscal year.

Super Group (SGHC) Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.5%. The ex-dividend date is Tuesday, June 23rd. Super Group (SGHC)’s payout ratio is presently 41.67%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Citizens Jmp boosted their target price on Super Group (SGHC) from $16.00 to $17.00 and gave the stock a “market outperform” rating in a report on Wednesday, May 20th. Wall Street Zen raised Super Group (SGHC) from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings raised Super Group (SGHC) from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 18th. Zacks Research cut Super Group (SGHC) from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Citigroup reissued an “outperform” rating on shares of Super Group (SGHC) in a report on Wednesday, May 20th. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Super Group (SGHC) has a consensus rating of “Moderate Buy” and a consensus price target of $17.57.

Super Group (SGHC) Company Profile

Super Group (NYSE: SGHC) is a global sports betting and iGaming operator that offers online wagering and gaming solutions under well-known brands such as Betway and Spin. The company’s technology platform supports fixed-odds and in-play sports betting, virtual sports, eSports wagering and a diverse suite of casino games, including slots, table games and live dealer experiences. Super Group’s digital infrastructure is designed to deliver a seamless, secure user experience across desktop and mobile devices.

The company holds operating licenses in multiple regulated jurisdictions, including the United Kingdom, Malta, Italy, Spain and selected states in the United States.