Star Group, L.P. (NYSE:SGU - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.07 and traded as high as $13.26. Star Group shares last traded at $13.03, with a volume of 26,046 shares traded.
Analysts Set New Price Targets
Separately, StockNews.com raised Star Group from a "buy" rating to a "strong-buy" rating in a research report on Friday, February 7th.
View Our Latest Analysis on SGU
Star Group Trading Down 1.6 %
The firm has a market cap of $454.90 million, a P/E ratio of 12.65 and a beta of 0.46. The company has a 50 day moving average of $12.73 and a 200 day moving average of $12.09. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.66 and a current ratio of 0.83.
Star Group (NYSE:SGU - Get Free Report) last posted its earnings results on Wednesday, February 5th. The pipeline company reported $0.79 EPS for the quarter. Star Group had a net margin of 3.19% and a return on equity of 18.47%.
Star Group Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, January 27th were issued a dividend of $0.1725 per share. The ex-dividend date was Monday, January 27th. This represents a $0.69 annualized dividend and a yield of 5.24%. Star Group's dividend payout ratio (DPR) is currently 66.35%.
Institutional Trading of Star Group
Several large investors have recently made changes to their positions in SGU. MGO One Seven LLC lifted its holdings in Star Group by 7.9% in the 4th quarter. MGO One Seven LLC now owns 17,193 shares of the pipeline company's stock worth $198,000 after purchasing an additional 1,255 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Star Group by 7.7% in the fourth quarter. LPL Financial LLC now owns 17,932 shares of the pipeline company's stock worth $207,000 after buying an additional 1,276 shares during the last quarter. Crews Bank & Trust bought a new stake in shares of Star Group during the 4th quarter worth $25,000. State of Tennessee Department of Treasury acquired a new position in Star Group in the 4th quarter valued at $26,000. Finally, Jones Financial Companies Lllp acquired a new position in Star Group in the 4th quarter valued at $27,000. Institutional investors own 40.36% of the company's stock.
Star Group Company Profile
(
Get Free Report)
Star Group, L.P., together with its subsidiaries, provides home heating oil and propane products and services to residential and commercial customers in the United States. It offers gasoline and diesel fuel; and installs, maintain, and repairs heating and air conditioning equipment. As of September 30, 2023, the company served approximately 402,200 full service residential and commercial home heating oil and propane customers and 52,400 customers on a delivery only basis.
Further Reading
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