Nustar Energy L.P. (NS) Director William Grady Rosier Purchases 5,000 Shares

Nustar Energy L.P. (NYSE:NS) Director William Grady Rosier purchased 5,000 shares of the business’s stock in a transaction on Friday, May 19th. The stock was bought at an average cost of $46.40 per share, for a total transaction of $232,000.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Nustar Energy L.P. (NYSE:NS) traded up 1.30% on Friday, hitting $45.27. 1,921,991 shares of the stock were exchanged. Nustar Energy L.P. has a 52-week low of $43.41 and a 52-week high of $55.64. The firm has a market cap of $4.21 billion, a PE ratio of 37.08 and a beta of 1.39. The company has a 50-day moving average price of $46.07 and a 200-day moving average price of $49.86.

Nustar Energy L.P. (NYSE:NS) last released its earnings results on Monday, April 24th. The pipeline company reported $0.49 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.52 by $0.03. The firm had revenue of $487.40 million during the quarter, compared to the consensus estimate of $461.85 million. Nustar Energy L.P. had a return on equity of 10.56% and a net margin of 8.19%. The business’s quarterly revenue was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.57 EPS. On average, equities research analysts anticipate that Nustar Energy L.P. will post $1.87 EPS for the current fiscal year.

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A number of hedge funds have recently made changes to their positions in NS. SG Americas Securities LLC increased its stake in shares of Nustar Energy L.P. by 2.6% in the first quarter. SG Americas Securities LLC now owns 55,060 shares of the pipeline company’s stock valued at $2,862,000 after buying an additional 1,418 shares during the last quarter. McQueen Ball & Associates Inc. increased its stake in shares of Nustar Energy L.P. by 2.0% in the first quarter. McQueen Ball & Associates Inc. now owns 5,239 shares of the pipeline company’s stock valued at $272,000 after buying an additional 104 shares during the last quarter. Morgan Stanley increased its stake in shares of Nustar Energy L.P. by 10.5% in the first quarter. Morgan Stanley now owns 1,922,620 shares of the pipeline company’s stock valued at $99,938,000 after buying an additional 182,223 shares during the last quarter. Virtus ETF Advisers LLC increased its stake in shares of Nustar Energy L.P. by 50.7% in the third quarter. Virtus ETF Advisers LLC now owns 4,608 shares of the pipeline company’s stock valued at $228,000 after buying an additional 1,551 shares during the last quarter. Finally, Alps Advisors Inc. boosted its position in Nustar Energy L.P. by 2.4% in the third quarter. Alps Advisors Inc. now owns 4,090,899 shares of the pipeline company’s stock valued at $202,827,000 after buying an additional 95,991 shares during the period. Hedge funds and other institutional investors own 45.39% of the company’s stock.

NS has been the topic of a number of research reports. Credit Suisse Group raised shares of Nustar Energy L.P. from an “underperform” rating to a “neutral” rating in a research report on Thursday, April 13th. FBR & Co reissued a “hold” rating on shares of Nustar Energy L.P. in a research report on Wednesday, April 12th. Stifel Nicolaus restated a “hold” rating and set a $52.00 target price on shares of Nustar Energy L.P. in a report on Monday, April 17th. Wells Fargo & Company upgraded shares of Nustar Energy L.P. from a “market perform” rating to an “outperform” rating in a report on Friday, April 21st. Finally, Macquarie assumed coverage on shares of Nustar Energy L.P. in a report on Friday, April 21st. They issued a “neutral” rating and a $47.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company’s stock. Nustar Energy L.P. currently has an average rating of “Hold” and a consensus target price of $50.40.

Nustar Energy L.P. 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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