Several other equities analysts have also recently weighed in on the company. US Capital Advisors reissued a hold rating on shares of NuStar GP Holdings in a report on Wednesday, September 21st. TheStreet cut NuStar GP Holdings from a hold rating to a sell rating in a report on Friday, September 2nd. Zacks Investment Research raised NuStar GP Holdings from a sell rating to a hold rating in a report on Wednesday, August 31st. Finally, Citigroup Inc. raised NuStar GP Holdings from a neutral rating to a buy rating and increased their price target for the company from $26.00 to $29.00 in a report on Friday, August 12th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. NuStar GP Holdings currently has a consensus rating of Hold and an average price target of $27.33.
Shares of NuStar GP Holdings (NYSE:NSH) traded up 0.39% during mid-day trading on Thursday, hitting $25.60. The company had a trading volume of 51,208 shares. NuStar GP Holdings has a 52 week low of $12.86 and a 52 week high of $31.55. The firm has a market capitalization of $1.10 billion, a PE ratio of 17.86 and a beta of 1.02. The firm has a 50-day moving average price of $24.73 and a 200-day moving average price of $24.10.
NuStar GP Holdings (NYSE:NSH) last released its quarterly earnings data on Tuesday, August 2nd. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.01. Equities analysts forecast that NuStar GP Holdings will post $1.48 earnings per share for the current year.
In related news, Director William E. Greehey acquired 16,308 shares of NuStar GP Holdings stock in a transaction dated Friday, August 12th. The stock was purchased at an average cost of $24.72 per share, for a total transaction of $403,133.76. Following the purchase, the director now directly owns 8,584,823 shares of the company’s stock, valued at approximately $212,216,824.56. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director James F. Clingman sold 5,550 shares of the stock in a transaction on Wednesday, September 28th. The stock was sold at an average price of $25.35, for a total value of $140,692.50. Following the completion of the sale, the director now owns 40,947 shares of the company’s stock, valued at approximately $1,038,006.45. The disclosure for this sale can be found here.
A number of large investors have recently modified their holdings of the company. IFP Advisors Inc raised its stake in shares of NuStar GP Holdings by 1.3% in the first quarter. IFP Advisors Inc now owns 4,856 shares of the company’s stock worth $101,000 after buying an additional 60 shares during the last quarter. State Street Corp raised its stake in shares of NuStar GP Holdings by 4.1% in the first quarter. State Street Corp now owns 30,040 shares of the company’s stock worth $623,000 after buying an additional 1,175 shares during the last quarter. Rafferty Asset Management LLC raised its stake in shares of NuStar GP Holdings by 43.2% in the first quarter. Rafferty Asset Management LLC now owns 115,452 shares of the company’s stock worth $2,393,000 after buying an additional 34,832 shares during the last quarter. Center Coast Capital Advisors LP raised its stake in shares of NuStar GP Holdings by 33.9% in the second quarter. Center Coast Capital Advisors LP now owns 1,071,912 shares of the company’s stock worth $27,484,000 after buying an additional 271,611 shares during the last quarter. Finally, Alps Advisors Inc. acquired a new stake in shares of NuStar GP Holdings during the second quarter worth about $311,000.
About NuStar GP Holdings
NuStar GP Holdings, LLC holds interests in NuStar Energy L.P. (NuStar Energy). NuStar Energy is engaged in the transportation of petroleum products and anhydrous ammonia, the terminalling and storage of petroleum products, and the marketing of petroleum products. NuStar Energy has terminal and storage facilities in the United States, Canada, Mexico, the Netherlands, including St.
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