Star Group, L.P. (NYSE:SGU - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $11.88 and traded as high as $13.23. Star Group shares last traded at $13.10, with a volume of 18,135 shares trading hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded Star Group from a "buy" rating to a "strong-buy" rating in a report on Friday, February 7th.
Read Our Latest Report on Star Group
Star Group Trading Up 0.1 %
The company has a fifty day simple moving average of $12.17 and a 200-day simple moving average of $11.90. The company has a current ratio of 0.83, a quick ratio of 0.66 and a debt-to-equity ratio of 0.63. The stock has a market cap of $449.89 million, a price-to-earnings ratio of 12.51 and a beta of 0.46.
Star Group (NYSE:SGU - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The pipeline company reported $0.79 earnings per share (EPS) for the quarter. Star Group had a return on equity of 18.47% and a net margin of 3.19%.
Star Group Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, January 27th were paid 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 5.30%. Star Group's dividend payout ratio (DPR) is presently 66.35%.
Hedge Funds Weigh In On Star Group
Several institutional investors and hedge funds have recently bought and sold shares of the business. Cary Street Partners Financial LLC purchased a new position in Star Group during the 4th quarter valued at about $144,000. MGO One Seven LLC grew its stake in Star Group by 7.9% during the 4th quarter. MGO One Seven LLC now owns 17,193 shares of the pipeline company's stock valued at $198,000 after acquiring an additional 1,255 shares in the last quarter. State of Tennessee Department of Treasury bought a new stake in shares of Star Group in the 4th quarter valued at approximately $26,000. LPL Financial LLC grew its stake in shares of Star Group by 7.7% in the 4th quarter. LPL Financial LLC now owns 17,932 shares of the pipeline company's stock valued at $207,000 after buying an additional 1,276 shares in the last quarter. Finally, Jones Financial Companies Lllp bought a new stake in shares of Star Group in the 4th quarter valued at approximately $27,000. Hedge funds and other institutional investors own 40.36% of the company's stock.
About Star Group
(
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.
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