Sentiment Report: Nustar Energy LP (NYSE:NS)

July 17, 2017 - By Hazel Jackson

 Sentiment Report: Nustar Energy LP (NYSE:NS)

Sentiment for Nustar Energy LP (NYSE:NS)

Nustar Energy LP (NYSE:NS) institutional sentiment decreased to 0.87 in 2016 Q4. Its down -0.46, from 1.33 in 2016Q3. The ratio has worsened, as 60 hedge funds opened new and increased positions, while 69 cut down and sold holdings in Nustar Energy LP. The hedge funds in our partner’s database now possess: 38.70 million shares, up from 38.24 million shares in 2016Q3. Also, the number of hedge funds holding Nustar Energy LP in their top 10 positions increased from 1 to 2 for an increase of 1. Sold All: 19 Reduced: 50 Increased: 38 New Position: 22.

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 has market cap of $4.44 billion. The Company’s divisions include pipeline, storage and fuels marketing. It has a 39.36 P/E ratio. The pipeline segment consists of the transportation of refined petroleum products, crude oil and anhydrous ammonia.

About 144,983 shares traded. NuStar Energy L.P. (NYSE:NS) has declined 5.14% since July 17, 2016 and is downtrending. It has underperformed by 21.84% the S&P500.

Analysts expect NuStar Energy L.P. (NYSE:NS) to report $0.39 EPS on August, 1.They anticipate $0.13 EPS change or 25.00 % from last quarter’s $0.52 EPS. NS’s profit would be $37.07 million giving it 29.94 P/E if the $0.39 EPS is correct. After having $0.49 EPS previously, NuStar Energy L.P.’s analysts see -20.41 % EPS growth.

Center Coast Capital Advisors Lp holds 5.31% of its portfolio in NuStar Energy L.P. for 4.19 million shares. Harvest Fund Advisors Llc owns 4.18 million shares or 2.14% of their US portfolio. Moreover, Travelers Companies Inc. has 1.66% invested in the company for 107,100 shares. The Colorado-based Alps Advisors Inc has invested 1.61% in the stock. Gilman Hill Asset Management Llc, a Connecticut-based fund reported 71,726 shares.#img1#

Since January 1, 0001, it had 7 insider purchases, and 0 sales for $16.59 million activity.

NuStar Energy L.P. (NYSE:NS) Ratings Coverage

Ratings analysis reveals 23% of Nustar Energy LP’s analysts are positive. Out of 13 Wall Street analysts rating Nustar Energy LP, 3 give it “Buy”, 0 “Sell” rating, while 10 recommend “Hold”. The lowest target is $32 while the high is $64. The stock’s average target of $48.44 is 3.70% above today’s ($46.71) share price. NS was included in 25 notes of analysts from July 28, 2015. The firm has “Equal-Weight” rating given on Thursday, February 25 by Morgan Stanley. On Thursday, May 25 the stock rating was maintained by Stifel Nicolaus with “Hold”. JP Morgan maintained it with “Neutral” rating and $49 target in Monday, May 16 report. The firm has “Overweight” rating given on Tuesday, November 8 by PiperJaffray. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, September 14. The firm earned “Hold” rating on Wednesday, November 4 by Stifel Nicolaus. The firm has “Hold” rating given on Wednesday, February 1 by Stifel Nicolaus. The firm earned “Underperform” rating on Thursday, November 3 by Credit Suisse. The stock has “Neutral” rating by Mizuho on Friday, September 30. On Friday, September 9 the stock rating was initiated by FBR Capital with “Mkt Perform”.

More news for NuStar Energy L.P. (NYSE:NS) were recently published by: Streetinsider.com, which released: “Wells Fargo Downgrades NuStar Energy LP (NS) to Market Perform” on July 17, 2017. Businesswire.com‘s article titled: “NuStar Energy LP and NuStar GP Holdings, LLC to Announce Second Quarter 2017 …” and published on July 05, 2017 is yet another important article.

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