Bank of New York Mellon Corp Sells 6,587 Shares of Super Group Limited (NYSE:SGHC)

Bank of New York Mellon Corp lessened its position in shares of Super Group Limited (NYSE:SGHCFree Report) by 2.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 318,448 shares of the company’s stock after selling 6,587 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.06% of Super Group worth $1,175,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Exchange Traded Concepts LLC increased its position in Super Group by 297.9% during the 3rd quarter. Exchange Traded Concepts LLC now owns 712,750 shares of the company’s stock valued at $2,630,000 after purchasing an additional 533,610 shares during the period. SG Americas Securities LLC acquired a new stake in Super Group during the 3rd quarter valued at approximately $65,000. Barclays PLC increased its position in Super Group by 45,942.1% during the 2nd quarter. Barclays PLC now owns 43,740 shares of the company’s stock valued at $127,000 after purchasing an additional 43,645 shares during the period. California State Teachers Retirement System acquired a new stake in Super Group during the 2nd quarter valued at approximately $132,000. Finally, Principal Street Partners LLC acquired a new stake in Super Group during the 2nd quarter valued at approximately $39,000. Institutional investors and hedge funds own 2.92% of the company’s stock.

Super Group Stock Up 5.1 %

Shares of SGHC stock opened at $3.27 on Friday. Super Group Limited has a 52 week low of $2.63 and a 52 week high of $4.18. The firm has a 50 day moving average of $3.03 and a 200-day moving average of $3.30.

Super Group (NYSE:SGHCGet Free Report) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. Super Group had a net margin of 3.92% and a return on equity of 13.39%. The business had revenue of $388.43 million during the quarter, compared to the consensus estimate of $347.34 million. Research analysts expect that Super Group Limited will post 0.1 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, TheStreet raised shares of Super Group from a “d” rating to a “c-” rating in a research report on Monday, November 20th.

Read Our Latest Analysis on SGHC

Super Group Company Profile

(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. The company is based in Saint Peter Port, Guernsey.

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Institutional Ownership by Quarter for Super Group (NYSE:SGHC)

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