Q4 2017 EPS Estimates for NuStar GP Holdings, LLC (NSH) Decreased by US Capital Advisors

NuStar GP Holdings, LLC (NYSE:NSH) – Equities researchers at US Capital Advisors reduced their Q4 2017 earnings estimates for shares of NuStar GP in a research report issued on Thursday. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will earn $0.30 per share for the quarter, down from their prior estimate of $0.32.

NSH has been the subject of several other reports. UBS Group dropped their target price on shares of NuStar GP from $33.00 to $21.00 and set a “buy” rating for the company in a research report on Wednesday, October 18th. Mizuho reiterated a “hold” rating and set a $25.00 target price on shares of NuStar GP in a research report on Friday, October 20th. ValuEngine lowered shares of NuStar GP from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Zacks Investment Research lowered shares of NuStar GP from a “hold” rating to a “sell” rating in a report on Thursday, September 28th. Finally, Citigroup upgraded shares of NuStar GP from a “neutral” rating to a “buy” rating and set a $17.00 price objective for the company in a report on Tuesday, December 5th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. NuStar GP currently has an average rating of “Hold” and a consensus price target of $22.33.

Shares of NuStar GP (NYSE:NSH) opened at $16.35 on Friday. NuStar GP has a 1 year low of $13.50 and a 1 year high of $31.50. The stock has a market cap of $687.23, a P/E ratio of 8.26 and a beta of 1.02.

Several institutional investors and hedge funds have recently made changes to their positions in NSH. Sei Investments Co. lifted its holdings in shares of NuStar GP by 524.8% in the 2nd quarter. Sei Investments Co. now owns 16,013 shares of the pipeline company’s stock worth $392,000 after acquiring an additional 13,450 shares during the last quarter. Alliancebernstein L.P. raised its holdings in NuStar GP by 5.9% during the 2nd quarter. Alliancebernstein L.P. now owns 8,841 shares of the pipeline company’s stock valued at $216,000 after buying an additional 495 shares during the last quarter. GSA Capital Partners LLP raised its holdings in NuStar GP by 84.2% during the 2nd quarter. GSA Capital Partners LLP now owns 43,220 shares of the pipeline company’s stock valued at $1,057,000 after buying an additional 19,752 shares during the last quarter. Citigroup Inc. raised its holdings in NuStar GP by 1.5% during the 2nd quarter. Citigroup Inc. now owns 79,554 shares of the pipeline company’s stock valued at $1,945,000 after buying an additional 1,142 shares during the last quarter. Finally, California Public Employees Retirement System raised its holdings in NuStar GP by 8.0% during the 2nd quarter. California Public Employees Retirement System now owns 59,300 shares of the pipeline company’s stock valued at $1,450,000 after buying an additional 4,400 shares during the last quarter. Hedge funds and other institutional investors own 55.57% of the company’s stock.

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About NuStar GP

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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