Nustar Energy LP (NS) Rating Reiterated by UBS AG

Cornelia Mascio
Agosto 13, 2017

BidaskClub raised Nustar Energy L.P. from a "strong sell" rating to a "sell" rating in a research note on Thursday, June 29th. NuStar Energy L.P. (NYSE:NS) has declined 5.14% since August 11, 2016 and is downtrending. The company is scheduled to announce its next earnings report on Wednesday, November 1st.

A number of analysts have recently issued reports on NS shares.

Nustar Energy L.P. had a return on equity of 8.11% and a net margin of 6.77%.

Receive Nustar GP Holdings, LLC News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nustar GP Holdings, LLC with's FREE daily email newsletter. The pipeline company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.35 by $0.21. Nustar Energy L.P. The company had revenue of $435.49 million during the quarter, compared to the consensus estimate of $500.83 million. During the same quarter in the previous year, the company earned $0.52 EPS. The company's revenue was down.5% compared to the same quarter a year ago.

A number of research firms have commented on NS. UBS AG reaffirmed a "buy" rating and set a $53.00 target price (down previously from $56.00) on shares of Nustar Energy a report on Monday, July 31st. Zacks Investment Research lowered Nustar Energy L.P. from a "hold" rating to a "strong sell" rating in a research note on Tuesday, June 27th. Also, Director William Grady Rosier bought 5,000 shares of Nustar Energy L.P. stock in a transaction on Friday, May 19th. Credit Suisse Group lifted their price objective on Nustar GP Holdings from $27.00 to $28.00 and gave the company an "underperform" rating in a report on Tuesday, April 18th. Barclays PLC reiterated a "hold" rating on shares of Nustar GP Holdings in a report on Friday, April 14th. They issued a "neutral" rating and a $26.00 price target on the stock. One research analyst has rated the stock with a sell rating and eight have given a hold rating to the company. The stock now has an average rating of "Hold" and an average target price of $28.33.

TRADEMARK VIOLATION WARNING: "Nustar Energy L.P. (NS) Expected to Announce Quarterly Sales of $417.83 Million" was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece of content on another website, it was illegally stolen and reposted in violation of United States & worldwide copyright law. The legal version of this report can be read at Insiders bought 57,000 shares of company stock worth $2,411,150 in the last 90 days. The stock was bought at an average price of $22.01 per share, for a total transaction of $141,370.23.

Nustar GP Holdings, LLC Units (NYSE:NSH) has been the object of insider buying activity recently. The stock was bought at an average cost of $41.86 per share, with a total value of $2,093,000.00. Following the purchase, the director now owns 8,646,280 shares in the company, valued at approximately $190,304,622.80. The disclosure for this purchase can be found here. Virtu KCG Holdings LLC acquired a new stake in Nustar Energy L.P. during the second quarter worth $570,000. Proficio Capital Partners LLC now owns 9,345 shares of the pipeline company's stock valued at $214,000 after buying an additional 925 shares in the last quarter. Clearbridge Investments LLC raised its stake in shares of Nustar Energy 29.1% in the first quarter. Tortoise Capital Advisors L.L.C. raised its stake in shares of Nustar Energy 213,865.7% in the second quarter. California Public Employees Retirement System now owns 146,600 shares of the pipeline company's stock worth $6,836,000 after buying an additional 1,500 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in Nustar Energy 313.3% in the first quarter. Catalyst Capital Advisors LLC now owns 389,865 shares of the pipeline company's stock worth $10,897,000 after buying an additional 77,153 shares in the last quarter.

Shares of Nustar Energy L.P. (NYSE:NS) traded down 0.02% during mid-day trading on Friday, hitting $41.08. 124,453 shares of the stock were exchanged. Nustar GP Holdings, LLC has a 52-week low of 21.30 and a 52-week high of 31.50. The stock has a market cap of $3.82 billion, a price-to-earnings ratio of 57.78 and a beta of 1.38. The firm's 50-day moving average is $45.19 and its 200-day moving average is $48.56.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Moors & Cabot invested in 44,797 shares or 0.37% of the stock. The ex-dividend date is Thursday, August 3rd. This represents a $2.18 annualized dividend and a yield of 9.80%.

The Pennsylvania-based Riggs Asset Managment Communications has invested 0% in NuStar Energy L.P. (NYSE:NS). NuStar Energy is involved in the transportation of petroleum products and anhydrous ammonia, the terminalling and storage of petroleum products and the marketing of petroleum products. The Company's segments include pipeline, storage and fuels marketing.

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