Star Group (NYSE:SGU) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Star Group, L.P. (NYSE:SGU - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $11.82 and traded as high as $12.87. Star Group shares last traded at $12.8490, with a volume of 35,263 shares changing hands.Wall Street Analysts Forecast GrowthA number of research firms recently issued reports on SGU. Wall Street Zen upgraded Star Group from a "hold" rating to a "buy" rating in a report on Saturday, December 13th. Weiss Ratings raised Star Group from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy".Check Out Our Latest Stock Analysis on SGUStar Group Price PerformanceThe company has a debt-to-equity ratio of 0.56, a quick ratio of 0.46 and a current ratio of 0.59. The company has a fifty day moving average price of $12.01 and a two-hundred day moving average price of $11.82. The company has a market cap of $423.76 million, a P/E ratio of 8.68 and a beta of 0.35. Star Group (NYSE:SGU - Get Free Report) last issued its quarterly earnings results on Monday, December 8th. The pipeline company reported ($0.84) EPS for the quarter. The company had revenue of $247.69 million for the quarter. Star Group had a net margin of 4.12% and a return on equity of 22.68%. During the same period in the previous year, the business earned ($1.00) earnings per share. Star Group Dividend AnnouncementThe company also recently announced a quarterly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, January 26th will be paid a $0.185 dividend. The ex-dividend date of this dividend is Monday, January 26th. This represents a $0.74 annualized dividend and a dividend yield of 5.8%. Star Group's dividend payout ratio (DPR) is currently 50.00%. Institutional Trading of Star GroupSeveral institutional investors and hedge funds have recently added to or reduced their stakes in SGU. Goldman Sachs Group Inc. acquired a new stake in Star Group in the first quarter valued at $231,000. Fifth Third Bancorp bought a new stake in shares of Star Group in the 2nd quarter valued at about $191,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Star Group by 60.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 54,443 shares of the pipeline company's stock valued at $637,000 after purchasing an additional 20,495 shares during the period. Raymond James Financial Inc. acquired a new stake in Star Group in the 2nd quarter valued at about $89,000. Finally, Hyperion Capital Advisors LP bought a new position in Star Group during the second quarter worth about $344,000. 40.36% of the stock is owned by institutional investors. 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. It also sells gasoline and diesel fuel to approximately 26,600 customers.Featured StoriesFive stocks we like better than Star GroupINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffThe $100 Trillion AI Story No One Is Telling YouBuy This Stock at 9:30 AM on MONDAY!But this $2 Gold Stock Before May 20, 2026If You Keep Cash In A U.S. Bank Account… Read This NOWThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Star Group Right Now?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 Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here