Star Group, L.P. (NYSE:SGU - Get Free Report) declared a quarterly dividend on Thursday, July 17th, RTT News reports. Stockholders 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 annualized dividend and a dividend yield of 6.26%. The ex-dividend date of this dividend is Monday, July 28th.
Star Group Stock Up 0.6%
NYSE SGU traded up $0.07 during trading hours on Monday, hitting $11.82. The company's stock had a trading volume of 23,513 shares, compared to its average volume of 29,288. Star Group has a 52 week low of $10.11 and a 52 week high of $13.75. The company has a market capitalization of $408.40 million, a PE ratio of 7.93 and a beta of 0.35. The company has a current ratio of 0.86, a quick ratio of 0.69 and a debt-to-equity ratio of 0.48. The company's 50-day simple moving average is $11.93 and its two-hundred day simple moving average is $12.34.
Star Group (NYSE:SGU - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The pipeline company reported $2.01 EPS for the quarter. Star Group had a net margin of 4.03% and a return on equity of 23.57%. The company had revenue of $743.05 million during the quarter.
Institutional Investors Weigh In On Star Group
A hedge fund recently bought a new stake in Star Group stock. Goldman Sachs Group Inc. acquired a new position in Star Group, L.P. (NYSE:SGU - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 17,494 shares of the pipeline company's stock, valued at approximately $231,000. Goldman Sachs Group Inc. owned approximately 0.05% of Star Group at the end of the most recent reporting period. Institutional investors own 40.36% of the company's stock.
About Star Group
(
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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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