Nustar Energy L.P. (NYSE:NS) – US Capital Advisors increased their Q3 2018 EPS estimates for shares of Nustar Energy in a report issued on Thursday. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will earn $0.33 per share for the quarter, up from their previous forecast of $0.26. US Capital Advisors currently has a “Hold” rating on the stock. US Capital Advisors also issued estimates for Nustar Energy’s Q4 2018 earnings at $0.35 EPS and FY2019 earnings at $1.63 EPS.

Several other equities analysts also recently commented on NS. ValuEngine downgraded shares of Nustar Energy from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st. Zacks Investment Research downgraded shares of Nustar Energy from a “hold” rating to a “sell” rating in a research note on Thursday, December 28th. B. Riley set a $31.00 price objective on shares of Nustar Energy and gave the company a “neutral” rating in a research note on Monday, December 18th. Citigroup raised shares of Nustar Energy from a “neutral” rating to a “buy” rating and set a $33.00 price objective for the company in a research note on Tuesday, December 5th. Finally, Stifel Nicolaus set a $32.00 price objective on shares of Nustar Energy and gave the company a “hold” rating in a research note on Sunday, December 3rd. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. Nustar Energy has an average rating of “Hold” and an average price target of $39.33.

Nustar Energy (NYSE:NS) traded up $0.48 during midday trading on Friday, reaching $31.51. 534,300 shares of the company’s stock traded hands, compared to its average volume of 519,767. The company has a current ratio of 0.36, a quick ratio of 0.33 and a debt-to-equity ratio of 1.77. Nustar Energy has a twelve month low of $26.21 and a twelve month high of $55.64. The stock has a market capitalization of $2,930.00, a price-to-earnings ratio of 82.92 and a beta of 1.27.

Nustar Energy (NYSE:NS) last posted its quarterly earnings results on Tuesday, November 7th. The pipeline company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.12). Nustar Energy had a net margin of 6.09% and a return on equity of 6.89%. The business had revenue of $440.60 million for the quarter, compared to analysts’ expectations of $413.81 million. During the same quarter in the previous year, the company earned $0.49 earnings per share. The business’s quarterly revenue was down .2% on a year-over-year basis.

Hedge funds have recently added to or reduced their stakes in the stock. Alps Advisors Inc. increased its stake in shares of Nustar Energy by 11.3% during the third quarter. Alps Advisors Inc. now owns 6,422,266 shares of the pipeline company’s stock valued at $260,680,000 after purchasing an additional 649,543 shares in the last quarter. Center Coast Capital Advisors LP increased its stake in shares of Nustar Energy by 12.3% during the third quarter. Center Coast Capital Advisors LP now owns 4,657,451 shares of the pipeline company’s stock valued at $189,046,000 after purchasing an additional 509,808 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Nustar Energy by 15.2% during the second quarter. Goldman Sachs Group Inc. now owns 3,734,332 shares of the pipeline company’s stock valued at $174,132,000 after purchasing an additional 492,279 shares in the last quarter. Atlantic Trust Group LLC increased its stake in shares of Nustar Energy by 25.1% during the third quarter. Atlantic Trust Group LLC now owns 1,437,051 shares of the pipeline company’s stock valued at $58,331,000 after purchasing an additional 288,205 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Nustar Energy by 16.4% during the third quarter. JPMorgan Chase & Co. now owns 1,760,994 shares of the pipeline company’s stock valued at $70,863,000 after purchasing an additional 248,106 shares in the last quarter. 57.57% of the stock is owned by institutional investors.

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Nustar Energy Company Profile

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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