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Wynn Resorts Achieves the Most Forbes Travel Guide Five-Star Awards of Any Independent Hotel Company in the World
Prnewswire· 2025-02-18 14:00
The Company Remains at the Forefront of Luxury Hospitality for 2025 LAS VEGAS, Feb. 18, 2025 /PRNewswire/ -- Wynn Resorts has once again earned the most Forbes Travel Guide Five-Star Awards of any independent hotel company in the world. This year's recognitions reaffirm the Company's dedication to providing outstanding service, innovative design and exceptional experiences across its global portfolio of resorts."Each and every one of our team members plays a role in earning and maintaining the coveted Five- ...
InvenTrust Properties: Why I'm Warming To This Sunbelt Star
Seeking Alpha· 2025-02-17 20:55
iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long positio ...
Liberty All-Star® Equity Fund January 2025 Monthly Update
Prnewswire· 2025-02-14 20:35
Investment Approach - The Liberty All-Star Equity Fund employs a large-cap core investment style, utilizing a combination of three value-style and two growth-style investment managers, all of whom have demonstrated a consistent investment philosophy and above-average long-term results compared to peers [2][3]. Investment Managers - The fund is managed by five investment firms: Aristotle Capital Management, LLC; Fiduciary Management, Inc.; Pzena Investment Management, LLC; Sustainable Growth Advisers, LP; and TCW Investment Management Company [4]. Top Holdings - The top 20 holdings represent 35.2% of the equity portfolio, with Microsoft Corp. at 4.0%, NVIDIA Corp. at 3.3%, and Alphabet, Inc. at 2.9% among the largest positions [3]. Monthly Performance - The fund's net asset value (NAV) at the beginning of January 2025 was $6.95, increasing to $7.09 by the end of the month, reflecting a monthly performance of 4.46% [3][5]. - The market price at the end of January was $7.12, indicating a premium of 0.4% over the NAV [3]. Net Assets - As of the end of January 2025, the total net assets of the fund were approximately $2,046.9 million, with $2,041.1 million invested in equities, representing a 99.7% investment rate [5]. Sector Breakdown - The equity portfolio is diversified across various sectors, with Information Technology at 23.2%, Financials at 20.0%, and Health Care at 15.8% being the most significant sectors [5]. New Holdings - The fund added Air Products & Chemicals, Inc. to its holdings during January 2025 [6]. Liquidated Holdings - There were no holdings liquidated during the month [7]. Performance Returns - Performance returns for the fund are total returns, including dividends, and are net of management fees and other expenses, calculated assuming reinvestment of all distributions [8]. Distribution Sources - Sources of distributions to shareholders may include ordinary dividends, long-term capital gains, and return of capital, with estimates indicating a portion of distributions may consist of a return of capital [10]. Data Reference - All data is as of January 31, 2025, unless otherwise noted [11].
Liberty All-Star® Growth Fund, Inc. January 2025 Monthly Update
Prnewswire· 2025-02-14 20:34
BOSTON, Feb. 14, 2025 /PRNewswire/ -- Below is the January 2025 Monthly Update for the Liberty All-Star Growth Fund, Inc. (NYSE: ASG).Liberty All-Star Growth Fund, Inc.Ticker: ASGMonthly Update, January 2025Investment Approach:Fund Style: All-Cap GrowthFund Strategy: Combines three growth style investment managers, each with a distinct capitalization focus (small-, mid- and large-cap) selected and continuously monitored by the Fund's Investment Advisor.Investment Managers: Weatherbie Capital, LLCSmall-Cap G ...
Is Meta Now the Lone Star in the Big Tech Cohort? ETFs in Focus
ZACKS· 2025-02-14 19:00
The beginning of 2025 has proven to be challenging for several major technology companies. Despite huge investments in artificial intelligence (AI) and cloud infrastructure, some of the biggest names in the industry — Amazon (AMZN) , Alphabet (GOOG) , (GOOGL) , Microsoft (MSFT) , Apple (AAPL) and Tesla (TSLA) — have struggled to impress Wall Street.Big Tech's Key Areas of ConcernCloud Revenues Struggle: Amazon, Google and Microsoft all saw weakness in their cloud business, which is considered the key growth ...
Robinhood: I Was Wrong, This Is The Death Star (Double Rating Upgrade)
Seeking Alpha· 2025-02-13 21:05
I thought Robinhood Markets (NASDAQ: HOOD ) was just a meme stock. I was wrong, though. I still think it’s a meme stock, but I was wrong on the implications of this. HOOD is resonating with younger investors and rapidly taking market share, a trend that IJulian is the leader of the investing group Best Of Breed Growth Stocks where he only shares positions in stocks which have a large probability of delivering large alpha relative to the S&P 500. He also combines growth-oriented principles with strict valuat ...
Reno's Atlantis Casino Resort Spa earns pair of prestigious Forbes Four-Star Awards
GlobeNewswire News Room· 2025-02-12 20:46
RENO, Nev., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Atlantis Casino Resort Spa’s Atlantis Steakhouse and Spa Atlantis have earned the prestigious Forbes Travel Guide Four-Star Award, placing them on an exclusive list of properties recognized for luxurious offerings and exceptional guest service. This marks the 10th straight year Spa Atlantis has been honored as a Four-Star Award winner, while Atlantis Steakhouse is a second-time recipient of the industry-respected accolade. Atlantis Casino Resort Spa is the only ...
Hilton Los Cabos Attains Four-Star Rating in Forbes Travel Guide 2025 Star Awards
Prnewswire· 2025-02-12 18:09
The Serene Beachfront Resort Garners Acclaim for its Exceptional Culinary Experience, Premier Accommodations, and Outstanding Service and Amenities LOS CABOS, Mexico, Feb. 12, 2025 /PRNewswire/ -- Forbes Travel Guide, the globally recognized rating system for luxury hotels, restaurants, and spas, has officially unveiled its 2025 Star Awards, with Hilton Los Cabos securing its first four-star rating since the resort's inception. Hilton Los Cabos Nestled along one of Los Cabos' only cove-protected beach ...
Liberty Star outlines 2025 exploration plans for Red Rock Canyon and Hay Mountain
Proactiveinvestors NA· 2025-02-12 17:16
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Star Group Shares Dip 1.5% Despite Reporting Y/Y Surge in Q1 Earnings
ZACKS· 2025-02-10 18:51
Core Viewpoint - Star Group's first-quarter fiscal 2025 results showed a significant improvement in earnings per share despite a decline in total revenues, driven by strategic acquisitions and operational efficiencies [2][14]. Revenue & EPS Performances - Earnings per share for the first quarter of fiscal 2025 reached 79 cents, a 147% increase from 32 cents in the same quarter last year [2]. - Total revenues decreased by 7.6% to $488.1 million from $528.1 million year-over-year, primarily due to lower average petroleum prices [2]. Other Key Business Metrics - Home heating oil and propane volumes sold increased by 2.8% year-over-year to 82.4 million gallons, aided by acquisitions and colder weather conditions [3]. - Gross profit from service and installation operations improved to $6.9 million from $4.4 million, reflecting contributions from acquisitions and enhanced operational performance [3]. Adjusted EBITDA - Adjusted EBITDA for the first quarter grew by 5.8% year-over-year to $51.9 million, as improved margins and contributions from recent acquisitions offset volume declines [4]. Expenses - Total costs and expenses declined in line with reduced revenues, with the cost of products sold decreasing to $248.7 million from $303.3 million, reflecting an 18.4% decline in wholesale petroleum prices [5]. - Delivery and branch expenses rose by 5.3% year-over-year to $99.3 million due to acquisition-related activities [6]. Cash & Debt Position - As of December 31, 2024, cash and cash equivalents were reported at $48.8 million, down from $117.3 million at the end of fiscal 2024, primarily due to cash outflows related to acquisitions [7]. - Total debt stood at $211.5 million, with a focus on maintaining financial flexibility and generating sufficient cash flow to support operations and growth initiatives [8]. Management Commentary - The CEO highlighted achievements in service and installation operations and successful strategic acquisitions, expressing optimism for the remainder of fiscal 2025 [9]. - The CFO noted improved per-gallon margins and EBITDA contributions from acquisitions as key drivers of financial performance, while acknowledging challenges from customer attrition and demand fluctuations [10]. Factors Influencing Results - Colder weather, increased per-gallon margins, and recent acquisitions positively influenced performance, while lower wholesale petroleum prices affected overall revenues [11]. Guidance & Strategic Focus - The company expects continued momentum supported by colder-than-expected temperatures and operational enhancements, with strategic priorities including acquisitions to offset customer attrition [12]. Other Developments - After the first quarter, Star Group completed a significant acquisition to enhance its propane distribution capabilities, expected to drive growth and complement existing operations [13]. Conclusion - The first-quarter results demonstrated strong bottom-line improvement despite revenue challenges from lower petroleum prices, with strategic acquisitions and enhanced service operations supporting growth [14].