NuStar Energy L.P. (NYSE:NS) Shares Bought by Adams Asset Advisors LLC

Adams Asset Advisors LLC increased its holdings in NuStar Energy L.P. (NYSE:NS) by 19.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 185,750 shares of the pipeline company’s stock after buying an additional 30,840 shares during the period. Adams Asset Advisors LLC owned about 0.20% of NuStar Energy worth $5,563,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Atlantic Trust Group LLC raised its position in shares of NuStar Energy by 25.1% during the 3rd quarter. Atlantic Trust Group LLC now owns 1,437,051 shares of the pipeline company’s stock worth $58,331,000 after buying an additional 288,205 shares in the last quarter. Chicago Partners Investment Group LLC raised its position in shares of NuStar Energy by 197.8% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 5,361 shares of the pipeline company’s stock worth $218,000 after buying an additional 3,561 shares in the last quarter. Tortoise Capital Advisors L.L.C. raised its holdings in shares of NuStar Energy by 2.0% in the 3rd quarter. Tortoise Capital Advisors L.L.C. now owns 4,395,490 shares of the pipeline company’s stock worth $178,413,000 after purchasing an additional 84,082 shares in the last quarter. Neuberger Berman Group LLC raised its holdings in shares of NuStar Energy by 4.7% in the 3rd quarter. Neuberger Berman Group LLC now owns 897,517 shares of the pipeline company’s stock worth $36,430,000 after purchasing an additional 40,264 shares in the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of NuStar Energy by 1.0% in the 3rd quarter. Wells Fargo & Company MN now owns 172,370 shares of the pipeline company’s stock worth $6,997,000 after purchasing an additional 1,679 shares in the last quarter. 57.70% of the stock is owned by institutional investors and hedge funds.

A number of analysts recently commented on NS shares. Citigroup dropped their target price on shares of NuStar Energy from $51.00 to $42.00 and set a “neutral” rating on the stock in a report on Tuesday, October 10th. Stifel Nicolaus reiterated a “hold” rating and issued a $42.00 target price on shares of NuStar Energy in a report on Thursday, October 12th. UBS Group dropped their target price on shares of NuStar Energy from $50.00 to $43.00 and set a “buy” rating on the stock in a report on Tuesday, October 17th. Mizuho reiterated a “hold” rating and issued a $47.00 target price on shares of NuStar Energy in a report on Friday, October 20th. Finally, Barclays dropped their target price on shares of NuStar Energy from $44.00 to $40.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 8th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $37.67.

NuStar Energy L.P. (NYSE:NS) opened at $32.24 on Friday. The firm has a market cap of $3,143.58, a P/E ratio of 84.84 and a beta of 1.19. 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. has a 1 year low of $26.21 and a 1 year high of $55.21.

NuStar Energy (NYSE:NS) last released its earnings results on Tuesday, November 7th. The pipeline company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.12). The firm had revenue of $440.60 million during the quarter, compared to analysts’ expectations of $413.81 million. NuStar Energy had a return on equity of 6.89% and a net margin of 6.09%. The business’s revenue was down .2% on a year-over-year basis. During the same period last year, the business earned $0.49 earnings per share. research analysts predict that NuStar Energy L.P. will post 0.84 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 13th. Stockholders of record on Thursday, February 8th will be given a $1.095 dividend. This represents a $4.38 annualized dividend and a dividend yield of 13.59%. The ex-dividend date is Wednesday, February 7th. NuStar Energy’s dividend payout ratio (DPR) is currently 1,152.66%.

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About NuStar Energy

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.

Institutional Ownership by Quarter for NuStar Energy (NYSE:NS)

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