Star Group LP (NYSE:SGU) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totalling 65,600 shares, a decrease of 19.9% from the May 30th total of 81,900 shares. Based on an average trading volume of 79,200 shares, the short-interest ratio is presently 0.8 days. Currently, 0.1% of the company’s stock are sold short.

Shares of SGU traded down $0.01 on Friday, reaching $9.69. The company’s stock had a trading volume of 42,007 shares, compared to its average volume of 46,252. The company has a quick ratio of 0.83, a current ratio of 0.98 and a debt-to-equity ratio of 0.24. Star Group has a twelve month low of $8.87 and a twelve month high of $10.25. The firm has a market cap of $485.78 million, a PE ratio of 8.82 and a beta of 0.20. The company has a fifty day moving average of $9.86.

Star Group (NYSE:SGU) last posted its earnings results on Wednesday, May 1st. The pipeline company reported $1.15 earnings per share for the quarter. Star Group had a net margin of 2.52% and a return on equity of 21.20%. The company had revenue of $699.58 million for the quarter.

A number of hedge funds have recently modified their holdings of the business. Locust Wood Capital Advisers LLC grew its position in Star Group by 7.8% in the 1st quarter. Locust Wood Capital Advisers LLC now owns 1,442,466 shares of the pipeline company’s stock worth $13,848,000 after purchasing an additional 104,241 shares in the last quarter. Central Securities Corp grew its position in Star Group by 13.4% in the 1st quarter. Central Securities Corp now owns 560,092 shares of the pipeline company’s stock worth $5,377,000 after purchasing an additional 65,984 shares in the last quarter. Aurora Investment Counsel grew its position in Star Group by 2.6% in the 4th quarter. Aurora Investment Counsel now owns 178,500 shares of the pipeline company’s stock worth $1,667,000 after purchasing an additional 4,476 shares in the last quarter. Acadian Asset Management LLC grew its position in Star Group by 540.2% in the 1st quarter. Acadian Asset Management LLC now owns 105,114 shares of the pipeline company’s stock worth $1,009,000 after purchasing an additional 88,695 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC grew its position in Star Group by 77.3% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 31,727 shares of the pipeline company’s stock worth $317,000 after purchasing an additional 13,835 shares in the last quarter. 41.96% of the stock is owned by institutional investors and hedge funds.

About Star Group

Star Group, L.P. operates as a home heating oil and propane distributor and services provider in the United States. It also installs, maintains, and repairs heating and air conditioning equipment, as well as offers plumbing services. As of September 30, 2018, the company sold home heating oil and propane to approximately 454,000 full service residential and commercial customers.

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