Star Group, L.P. (NYSE:SGU - Get Free Report) announced a quarterly dividend on Thursday, July 17th, RTT News reports. Shareholders of record on Monday, July 28th will be paid a dividend of 0.185 per share by the pipeline company on Wednesday, August 6th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 6.30%.
Star Group Trading Up 0.1%
Shares of NYSE SGU traded up $0.01 during trading on Thursday, reaching $11.75. The company had a trading volume of 7,040 shares, compared to its average volume of 29,133. The company's fifty day moving average price is $11.96 and its 200-day moving average price is $12.33. The company has a quick ratio of 0.69, a current ratio of 0.86 and a debt-to-equity ratio of 0.48. Star Group has a 12 month low of $10.11 and a 12 month high of $13.75. The stock has a market cap of $406.20 million, a P/E ratio of 7.89 and a beta of 0.35.
Star Group (NYSE:SGU - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The pipeline company reported $2.01 earnings per share (EPS) for the quarter. The firm had revenue of $743.05 million for the quarter. Star Group had a net margin of 4.03% and a return on equity of 23.57%.
Hedge Funds Weigh In On Star Group
A hedge fund recently bought a new stake in Star Group stock. Goldman Sachs Group Inc. bought a new position in shares of Star Group, L.P. (NYSE:SGU - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 17,494 shares of the pipeline company's stock, valued at approximately $231,000. Goldman Sachs Group Inc. owned about 0.05% of Star Group at the end of the most recent quarter. 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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