Eagle Global Advisors LLC Has $14.72 Million Position in NuStar GP Holdings, LLC (NSH)

Eagle Global Advisors LLC lowered its position in shares of NuStar GP Holdings, LLC (NYSE:NSH) by 6.8% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 526,668 shares of the pipeline company’s stock after selling 38,285 shares during the period. Eagle Global Advisors LLC’s holdings in NuStar GP Holdings were worth $14,720,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. McQueen Ball & Associates Inc. boosted its stake in NuStar GP Holdings by 1.8% in the first quarter. McQueen Ball & Associates Inc. now owns 7,640 shares of the pipeline company’s stock worth $214,000 after buying an additional 136 shares during the last quarter. Cullen Frost Bankers Inc. boosted its stake in NuStar GP Holdings by 12.2% in the first quarter. Cullen Frost Bankers Inc. now owns 15,651 shares of the pipeline company’s stock worth $437,000 after buying an additional 1,700 shares during the last quarter. Brookfield Asset Management Inc. purchased a new stake in NuStar GP Holdings during the third quarter worth approximately $148,000. UBS Group AG boosted its stake in NuStar GP Holdings by 3.7% in the third quarter. UBS Group AG now owns 288,224 shares of the pipeline company’s stock worth $7,372,000 after buying an additional 10,193 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in NuStar GP Holdings by 3.3% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 338,358 shares of the pipeline company’s stock worth $9,779,000 after buying an additional 10,831 shares during the last quarter. Hedge funds and other institutional investors own 55.57% of the company’s stock.

Institutional Ownership by Quarter for NuStar GP Holdings (NYSE:NSH)

Shares of NuStar GP Holdings, LLC (NYSE:NSH) traded up 1.55% during midday trading on Friday, reaching $26.25. 91,909 shares of the company traded hands. NuStar GP Holdings, LLC has a 1-year low of $22.30 and a 1-year high of $31.50. The company has a market capitalization of $1.13 billion, a PE ratio of 20.40 and a beta of 1.12. The company has a 50 day moving average price of $26.97 and a 200 day moving average price of $27.79.

NuStar GP Holdings (NYSE:NSH) last released its earnings results on Monday, April 24th. The pipeline company reported $0.39 earnings per share for the quarter, hitting the consensus estimate of $0.39. The company had revenue of $18.11 million for the quarter, compared to the consensus estimate of $17.83 million. NuStar GP Holdings had a net margin of 98.17% and a return on equity of 20.86%. On average, analysts expect that NuStar GP Holdings, LLC will post $1.57 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 16th. Shareholders of record on Monday, May 8th were given a dividend of $0.545 per share. This represents a $2.18 annualized dividend and a yield of 8.43%. The ex-dividend date of this dividend was Thursday, May 4th. NuStar GP Holdings’s dividend payout ratio is presently 170.31%.

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A number of research firms have recently commented on NSH. Wells Fargo & Co upgraded shares of NuStar GP Holdings from a “market perform” rating to an “outperform” rating in a report on Friday, April 21st. Macquarie started coverage on shares of NuStar GP Holdings in a report on Friday, April 21st. They issued a “neutral” rating and a $26.00 target price on the stock. Credit Suisse Group AG raised their target price on shares of NuStar GP Holdings from $27.00 to $28.00 and gave the stock an “underperform” rating in a report on Tuesday, April 18th. Zacks Investment Research upgraded shares of NuStar GP Holdings from a “sell” rating to a “hold” rating in a report on Thursday, February 2nd. Finally, Citigroup Inc cut shares of NuStar GP Holdings from a “buy” rating to a “neutral” rating and set a $31.00 target price on the stock. in a report on Friday, February 3rd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $28.33.

NuStar GP Holdings Company Profile

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.

12 Month Chart for NYSE:NSH

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