Insider Trading at Nustar Energy LP?

Xavier Trudeau
Août 13, 2017

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Nustar Energy L.P. The firm's revenue for the quarter was down.5% compared to the same quarter previous year. Investment Centers of America Inc. now owns 5,248 shares of the pipeline company's stock valued at $271,000 after buying an additional 1,206 shares during the period. Winslow Evans & Crocker Inc. now owns 3,232 shares of the pipeline company's stock worth $158,000 after buying an additional 2,832 shares during the period. Neuberger Berman Group LLC raised its stake in shares of Nustar GP Holdings by 1.8% in the first quarter. 101204 shares were traded on Nustar GP Holdings, LLC's last session. HITE Hedge Asset Management LLC raised its stake in shares of Nustar GP Holdings by 120.3% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 400,778 shares of the pipeline company's stock worth $11,202,000 after buying an additional 62,420 shares in the last quarter. Botty Investors LLC acquired a new position in shares of Nustar Energy L.P. during the second quarter worth approximately $127,000. LLC now owns 12,614 shares of the pipeline company's stock worth $353,000 after buying an additional 520 shares during the period. Finally, Stifel Financial Corp acquired a new stake in Nustar GP Holdings during the first quarter worth about $206,000.

Institutional investors have recently bought and sold shares of the company.

TRADEMARK VIOLATION WARNING: "Municipal Employees Retirement System of Michigan Has $3.05 Million Stake in Nustar Energy L.P. (NYSE:NS)" was first published by StockNewsTimes and is the property of of StockNewsTimes. (NYSE NS) opened at 41.09 on Friday. The firm has a market cap of $953.51 million, a price-to-earnings ratio of 10.42 and a beta of 1.18.

The stock of NuStar Energy L.P. (NYSE:NS) hit a new 52-week low and has $37.59 target or 9.00 % below today's $41.31 share price. The stock has a 50 day moving average of $23.55 and a 200-day moving average of $26.55. Center Coast Capital Advisors raised its stake in stocks of Nustar GP Holdings by 6.3% in the Q1. (NYSE:NS) last posted its quarterly earnings results on Friday, July 28th. The pipeline company reported $0.56 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.35 by $0.21. The business had revenue of $10.96 million for the quarter, compared to the consensus estimate of $16.22 million.

Shares of Nustar Energy L.P. On average, equities analysts forecast that Nustar Energy L.P. will post $1.26 earnings per share for the current year.

More important recent Celanese Corporation (NYSE:CE) news were published by: Seekingalpha.com which released: "Celanese, Clariant raided by European Union antitrust regulators" on July 26, 2017, also Nasdaq.com published article titled: "Celanese (CE) to Raise Prices of Acetyl Intermediate Products", Businesswire.com published: "Celanese Corporation Declares Quarterly Dividend of $0.46 Per Share" on July 17, 2017. Shareholders of record on Monday, August 7th will be issued a dividend of $0.545 per share. The ex-dividend date was Thursday, August 3rd. This represents a $4.38 dividend on an annualized basis and a dividend yield of 10.66%. Nustar GP Holdings's dividend payout ratio (DPR) is now 102.83%. If you are accessing this piece of content on another website, it was illegally stolen and reposted in violation of United States & global copyright law. If you are accessing this piece on another website, it was copied illegally and reposted in violation of USA and global copyright and trademark legislation. The correct version of this piece of content can be viewed at https://www.com-unik.info/2017/08/12/insider-buying-nustar-gp-holdings-llc-nsh-director-acquires-364753-07-in-stock.html.

02/03/2017 - Nustar GP Holdings, LLC was downgraded to "neutral" by analysts at Citigroup. BidaskClub upgraded shares of Nustar Energy L.P. from a "strong sell" rating to a "sell" rating in a report on Thursday, June 29th. Macquarie began coverage on Nustar GP Holdings in a report on Friday, April 21st. Credit Suisse Group lifted their price objective on Nustar GP Holdings from $27.00 to $28.00 and gave the company an "underperform" rating in a report on Tuesday, April 18th. Finally, Wells Fargo & Company upgraded shares of Nustar GP Holdings from a "market perform" rating to an "outperform" rating in a research note on Friday, April 21st.

Among 13 analysts covering Nustar Energy LP (NYSE:NS), 2 have Buy rating, 0 Sell and 11 Hold. The stock has "Neutral" rating by Mizuho on Friday, September 30.

Nustar GP Holdings, LLC (NYSE:NSH) Director William E. Greehey bought 42,500 shares of the firm's stock in a transaction dated Wednesday, August 9th. The value of the investment in NSH increased from $22,000 to $2,025,000 increasing 9,104.5% quarter to quarter. Following the purchase, the director now owns 8,646,280 shares in the company, valued at approximately $190,304,622.80. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Fundamental analysis takes into consideration market, industry and stock conditions to help determine if the shares are correctly valued.

D'autres rapports CampDesrEcrues

Discuter de cet article

SUIVRE NOTRE JOURNAL