NS has been the subject of a number of other research reports. Zacks Investment Research upgraded Nustar Energy from a strong sell rating to a hold rating in a report on Tuesday, November 14th. BidaskClub upgraded Nustar Energy from a strong sell rating to a sell rating in a report on Saturday, August 26th. Citigroup lowered their target price on Nustar Energy from $51.00 to $42.00 and set a neutral rating for the company in a report on Tuesday, October 10th. Wells Fargo & Company reiterated a market perform rating and set a $37.00 target price (down previously from $42.00) on shares of Nustar Energy in a report on Thursday, November 9th. They noted that the move was a valuation call. Finally, ValuEngine cut Nustar Energy from a hold rating to a sell rating in a report on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of $40.38.
Shares of Nustar Energy (NYSE:NS) opened at $29.24 on Friday. The company has a market capitalization of $2,795.64, a price-to-earnings ratio of 79.08 and a beta of 1.27. Nustar Energy has a 12 month low of $26.21 and a 12 month high of $55.64. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.33 and a current ratio of 0.36.
Nustar Energy (NYSE:NS) last issued its quarterly earnings data on Tuesday, November 7th. The pipeline company reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.12). The business had revenue of $440.60 million for the quarter, compared to analyst estimates of $413.81 million. Nustar Energy had a return on equity of 6.89% and a net margin of 6.09%. The business’s quarterly revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.49 EPS. analysts expect that Nustar Energy will post 0.82 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 14th. Stockholders of record on Thursday, November 9th were issued a $1.095 dividend. This represents a $4.38 annualized dividend and a dividend yield of 14.98%. The ex-dividend date was Wednesday, November 8th. Nustar Energy’s payout ratio is 1,152.66%.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Keybank National Association OH grew its holdings in shares of Nustar Energy by 1.5% in the 2nd quarter. Keybank National Association OH now owns 6,777 shares of the pipeline company’s stock valued at $316,000 after acquiring an additional 102 shares in the last quarter. Sheaff Brock Investment Advisors LLC grew its holdings in shares of Nustar Energy by 1.3% in the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 8,219 shares of the pipeline company’s stock valued at $383,000 after acquiring an additional 104 shares in the last quarter. Bahl & Gaynor Inc. grew its holdings in shares of Nustar Energy by 0.5% in the 2nd quarter. Bahl & Gaynor Inc. now owns 19,623 shares of the pipeline company’s stock valued at $977,000 after acquiring an additional 107 shares in the last quarter. Cullen Frost Bankers Inc. grew its holdings in shares of Nustar Energy by 2.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 7,718 shares of the pipeline company’s stock valued at $360,000 after acquiring an additional 150 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Nustar Energy by 7.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,406 shares of the pipeline company’s stock valued at $112,000 after acquiring an additional 163 shares in the last quarter. Institutional investors own 57.59% of the company’s stock.
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About Nustar Energy
NuStar Energy L.P. is engaged 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. The pipeline segment consists of the transportation of refined petroleum products, crude oil and anhydrous ammonia.
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