Stars Group Inc (NASDAQ:TSG) saw some unusual options trading on Wednesday. Traders purchased 8,097 call options on the company. This represents an increase of 4,527% compared to the average volume of 175 call options.

A number of equities research analysts have issued reports on TSG shares. BMO Capital Markets reiterated a “buy” rating and issued a $30.00 target price on shares of Stars Group in a research note on Monday, September 9th. Zacks Investment Research upgraded Stars Group from a “sell” rating to a “hold” rating in a report on Friday, October 25th. Royal Bank of Canada assumed coverage on Stars Group in a report on Monday, October 28th. They set an “outperform” rating and a $25.50 price target for the company. Susquehanna Bancshares reiterated a “neutral” rating on shares of Stars Group in a report on Monday, October 7th. Finally, Morgan Stanley upped their price target on Stars Group from $22.00 to $24.00 and gave the stock an “equal weight” rating in a report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. Stars Group presently has an average rating of “Hold” and a consensus price target of $23.17.

Shares of TSG stock traded down $0.01 during mid-day trading on Thursday, reaching $21.80. 78,929 shares of the company’s stock traded hands, compared to its average volume of 3,263,756. Stars Group has a 12 month low of $12.59 and a 12 month high of $22.23. The firm has a 50 day moving average price of $19.76 and a two-hundred day moving average price of $17.25. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market capitalization of $6.26 billion, a PE ratio of 9.95 and a beta of 1.61.

Stars Group (NASDAQ:TSG) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.08. Stars Group had a negative net margin of 2.28% and a positive return on equity of 12.31%. The firm had revenue of $622.50 million during the quarter, compared to the consensus estimate of $639.82 million. During the same quarter in the previous year, the firm posted $0.45 EPS. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. As a group, equities analysts expect that Stars Group will post 1.74 earnings per share for the current fiscal year.

Several hedge funds have recently made changes to their positions in TSG. Great West Life Assurance Co. Can raised its stake in Stars Group by 1.8% during the third quarter. Great West Life Assurance Co. Can now owns 58,275 shares of the company’s stock worth $873,000 after purchasing an additional 1,040 shares during the period. Amundi Pioneer Asset Management Inc. increased its stake in shares of Stars Group by 4.7% in the 2nd quarter. Amundi Pioneer Asset Management Inc. now owns 33,806 shares of the company’s stock valued at $577,000 after purchasing an additional 1,509 shares during the last quarter. AMP Capital Investors Ltd increased its stake in shares of Stars Group by 3.7% in the 2nd quarter. AMP Capital Investors Ltd now owns 51,336 shares of the company’s stock valued at $873,000 after purchasing an additional 1,824 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Stars Group by 9.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 34,913 shares of the company’s stock valued at $523,000 after purchasing an additional 2,964 shares during the last quarter. Finally, Invesco Ltd. increased its stake in shares of Stars Group by 28.8% in the 2nd quarter. Invesco Ltd. now owns 19,464 shares of the company’s stock valued at $332,000 after purchasing an additional 4,355 shares during the last quarter. Institutional investors own 65.90% of the company’s stock.

Stars Group Company Profile

The Stars Group Inc engages in online gaming and betting businesses primarily in Europe, Australia, and the Americas. It owns and operates gaming and related interactive entertainment businesses, such as online real-money poker, casino and betting, play-money poker, and casino and sports prediction games, which are delivered through mobile, Web, and desktop applications.

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