Nustar Energy L.P. (NYSE:NS) has received an average rating of “Hold” from the twelve brokerages that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $40.00.

A number of equities research analysts have issued reports on the company. Stifel Nicolaus reiterated a “hold” rating and issued a $46.00 price target on shares of Nustar Energy L.P. in a research note on Thursday, August 3rd. Zacks Investment Research upgraded Nustar Energy L.P. from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 14th. BidaskClub upgraded Nustar Energy L.P. from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 26th. Citigroup Inc. cut their price target on Nustar Energy L.P. from $51.00 to $42.00 and set a “neutral” rating for the company in a research note on Tuesday, October 10th. Finally, Wells Fargo & Company reiterated a “market perform” rating and issued a $37.00 price target (down previously from $42.00) on shares of Nustar Energy L.P. in a research note on Thursday, November 9th. They noted that the move was a valuation call.

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Nustar Energy L.P. (NYSE:NS) opened at $28.28 on Tuesday. Nustar Energy L.P. has a twelve month low of $27.92 and a twelve month high of $55.64. The company has a market capitalization of $2,710.00, a price-to-earnings ratio of 76.58 and a beta of 1.32. The company has a quick ratio of 0.33, a current ratio of 0.36 and a debt-to-equity ratio of 1.77.

Nustar Energy L.P. (NYSE:NS) last announced its earnings results on Tuesday, November 7th. The pipeline company reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.12). Nustar Energy L.P. had a return on equity of 6.89% and a net margin of 6.09%. The company had revenue of $440.60 million during the quarter, compared to the consensus estimate of $413.81 million. During the same period in the prior year, the business posted $0.49 earnings per share. Nustar Energy L.P.’s revenue for the quarter was down .2% compared to the same quarter last year. analysts anticipate that Nustar Energy L.P. will post 0.82 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 14th. Stockholders of record on Thursday, November 9th were given a dividend of $1.095 per share. The ex-dividend date was Wednesday, November 8th. This represents a $4.38 dividend on an annualized basis and a dividend yield of 15.49%. Nustar Energy L.P.’s payout ratio is 1,152.63%.

In related news, Director William E. Greehey purchased 43,101 shares of the company’s stock in a transaction that occurred on Thursday, August 24th. The stock was bought at an average price of $38.69 per share, for a total transaction of $1,667,577.69. Following the completion of the transaction, the director now owns 3,497,763 shares in the company, valued at approximately $135,328,450.47. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director William E. Greehey purchased 6,899 shares of the company’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was bought at an average price of $38.61 per share, with a total value of $266,370.39. Following the transaction, the director now owns 3,454,662 shares of the company’s stock, valued at approximately $133,384,499.82. The disclosure for this purchase can be found here. Company insiders own 4.10% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NS. Alliancebernstein L.P. grew its position in Nustar Energy L.P. by 40.6% in the first quarter. Alliancebernstein L.P. now owns 15,832 shares of the pipeline company’s stock worth $823,000 after acquiring an additional 4,572 shares in the last quarter. US Bancorp DE grew its position in Nustar Energy L.P. by 52.6% in the second quarter. US Bancorp DE now owns 14,113 shares of the pipeline company’s stock worth $657,000 after acquiring an additional 4,863 shares in the last quarter. Gilman Hill Asset Management LLC grew its position in Nustar Energy L.P. by 3.4% in the second quarter. Gilman Hill Asset Management LLC now owns 70,016 shares of the pipeline company’s stock worth $3,265,000 after acquiring an additional 2,327 shares in the last quarter. ING Groep NV purchased a new position in Nustar Energy L.P. in the second quarter worth about $11,775,000. Finally, Municipal Employees Retirement System of Michigan grew its position in Nustar Energy L.P. by 3.2% in the second quarter. Municipal Employees Retirement System of Michigan now owns 65,350 shares of the pipeline company’s stock worth $3,047,000 after acquiring an additional 2,020 shares in the last quarter. Institutional investors own 53.81% of the company’s stock.

About Nustar Energy L.P.

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.

Analyst Recommendations for Nustar Energy L.P. (NYSE:NS)

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