Shares of NuStar Energy L.P. (NYSE:NS) have earned a consensus rating of “Hold” from the seven ratings firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $29.25.
A number of equities analysts have issued reports on NS shares. ValuEngine raised shares of NuStar Energy from a “strong sell” rating to a “sell” rating in a research report on Tuesday, December 3rd. Zacks Investment Research lowered shares of NuStar Energy from a “buy” rating to a “hold” rating and set a $30.00 price target for the company. in a research report on Tuesday, November 19th.
In other news, Director William E. Greehey bought 527,426 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was purchased at an average cost of $28.44 per share, with a total value of $14,999,995.44. Following the acquisition, the director now directly owns 9,646,530 shares in the company, valued at $274,347,313.20. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 8.90% of the stock is owned by insiders.
Several large investors have recently bought and sold shares of NS. Lenox Wealth Advisors LLC acquired a new stake in NuStar Energy in the 3rd quarter valued at $32,000. Nelson Van Denburg & Campbell Wealth Management Group LLC acquired a new stake in NuStar Energy in the 2nd quarter valued at $32,000. North Star Investment Management Corp. acquired a new stake in NuStar Energy in the 3rd quarter valued at $39,000. Steward Partners Investment Advisory LLC acquired a new stake in NuStar Energy in the 2nd quarter valued at $50,000. Finally, Tower Research Capital LLC TRC grew its stake in NuStar Energy by 582.7% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,683 shares of the pipeline company’s stock valued at $76,000 after acquiring an additional 2,290 shares during the period. 64.45% of the stock is owned by hedge funds and other institutional investors.
NS opened at $27.93 on Wednesday. NuStar Energy has a 12-month low of $19.81 and a 12-month high of $30.06. The company has a current ratio of 0.26, a quick ratio of 0.24 and a debt-to-equity ratio of 2.86. The firm has a market capitalization of $3.01 billion, a PE ratio of 41.69, a P/E/G ratio of 15.80 and a beta of 1.58. The firm has a 50 day moving average of $28.36 and a two-hundred day moving average of $27.80.
NuStar Energy (NYSE:NS) last posted its quarterly earnings results on Tuesday, November 5th. The pipeline company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.18). NuStar Energy had a positive return on equity of 10.82% and a negative net margin of 10.42%. The business had revenue of $378.06 million for the quarter, compared to analysts’ expectations of $397.50 million. During the same period in the prior year, the business posted $0.13 earnings per share. The business’s quarterly revenue was down .5% compared to the same quarter last year. As a group, analysts predict that NuStar Energy will post 1.79 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Stockholders of record on Friday, November 8th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 8.59%. The ex-dividend date was Thursday, November 7th. NuStar Energy’s dividend payout ratio (DPR) is 358.21%.
About NuStar Energy
NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products. The company also engages in the transportation of petroleum products and anhydrous ammonia. It operates through three segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment transports refined petroleum products, crude oil, and anhydrous ammonia.
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