Shares of Star Group, L.P. (NYSE:SGU - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.59 and traded as high as $11.90. Star Group shares last traded at $11.83, with a volume of 27,349 shares changing hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered shares of Star Group from a "strong-buy" rating to a "buy" rating in a research report on Friday, December 6th.
View Our Latest Analysis on SGU
Star Group Stock Performance
The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.64 and a current ratio of 0.75. The firm has a 50 day moving average price of $11.78 and a two-hundred day moving average price of $11.60. The company has a market capitalization of $409.08 million, a P/E ratio of 20.75 and a beta of 0.48.
Star Group (NYSE:SGU - Get Free Report) last released its quarterly earnings data on Wednesday, December 4th. The pipeline company reported ($1.00) earnings per share (EPS) for the quarter. Star Group had a return on equity of 12.01% and a net margin of 1.99%.
Star Group Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, January 27th will be issued a $0.1725 dividend. This represents a $0.69 annualized dividend and a dividend yield of 5.83%. The ex-dividend date is Monday, January 27th. Star Group's payout ratio is currently 121.05%.
Institutional Investors Weigh In On Star Group
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Crews Bank & Trust bought a new position in Star Group in the 4th quarter worth approximately $25,000. American Century Companies Inc. bought a new stake in shares of Star Group during the second quarter worth $124,000. GSA Capital Partners LLP raised its position in shares of Star Group by 89.4% during the third quarter. GSA Capital Partners LLP now owns 22,884 shares of the pipeline company's stock worth $269,000 after acquiring an additional 10,799 shares during the last quarter. Victory Capital Management Inc. acquired a new position in shares of Star Group during the third quarter valued at $566,000. Finally, JPMorgan Chase & Co. boosted its holdings in Star Group by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 622,573 shares of the pipeline company's stock valued at $7,309,000 after acquiring an additional 66,806 shares during the last quarter. 40.36% of the stock is owned by institutional investors and hedge funds.
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.
Read More
Before you consider Star Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Star Group wasn't on the list.
While Star Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
