Economy

Do Institutional Investors Hate Nustar Energy LP (NYSE:NS)?

Do Institutional Investors Hate Nustar Energy LP (NYSE:NS)?”

For the past 5 years, the company's revenue has grown 2.9%, while the company's earnings per share has grown 1.9%. It is down 0.00% since September 10, 2016 and is. About 231,572 shares traded. It has underperformed by 21.84% the S&P500.

As of the end of the quarter Peak Asset Management, LLC had sold a total of 785 shares trimming its holdings by 6.5%. Peak Asset Management, LLC owns 11,210 shares valued at $274,000. The dividend was $0.545 per share for the quarter or $2.18 annualized. Nustar GP Holdings has a 52-week low of $13.76 and a 52-week high of $31.50. 112,980 shares of the stock traded hands. The shares were purchased at an average cost of $38.61 per share, for a total transaction of $266,370.39.

Traders are feeling more bullish on the company lately as inferred by the fall in short interest. It has underperformed by 11.87% the S&P500.

A number of other institutional investors have also recently added to or reduced their stakes in NS. Jennison Associates LLC increased its position in Nustar Energy L.P.by 16.8% during the first quarter. Its down 0.26, from 0.97 in 2016Q3.

These funds have shifted positions in (NS).

Nustar GP Holdings, LLC (NYSE:NSH) Director William E. Greehey purchased 41,235 shares of Nustar GP Holdings stock in a transaction dated Thursday, August 31st. The firm acquired 16,000 shares of the pipeline company's stock, valued at approximately $746,000. Neuberger Berman Gp Lc holds 0.06% or 951,556 shares in its portfolio. Duff & Phelps Co holds 685,716 shares. Mcf Advsr Ltd Llc reported 629 shares. Avenir Corporation holds 0.34% or 135,135 shares. Orrstown Financial reported 173 shares. Catalyst Advisors Ltd Liability holds 312,712 shares or 0.58% of its portfolio.

Center Coast Capital Advisors Lp decreased Nustar Energy Lp (NS) stake by 2.9% reported in 2016Q4 SEC filing. Barton Inv accumulated 216,835 shares or 7.59% of the stock.

There has been some buying insider activity on Nustar GP Holdings, LLC Units (NYSE:NSH) recently. 21,840 are owned by Wells Fargo And Commerce Mn. The value of the company's investment in Nustar Energy L.P. Common Unit decreased from $1,999,000 to $1,777,000 a change of $222,000 for the reporting period. Nasdaq.com's article titled: "Falling Earnings Estimates Signal Weakness Ahead for NuStar Energy (NS)" and published on August 22, 2017 is yet another important article. Also, the number of active investment managers holding Nustar Energy LP in their top 10 equity positions increased from 1 to 2 for an increase of 1.

Ratings analysis reveals 15% of Nustar Energy LP's analysts are positive. The company was initiated on Wednesday, November 25 by Barclays Capital.

11/08/2016 - Nustar Energy L.P. was upgraded to "overweight" by analysts at Piper Jaffray. The company was upgraded on Friday, April 21 by Wells Fargo. The rating was downgraded by Credit Suisse on Thursday, November 3 to "Underperform". Infrastructure Capital Advisors LLC now owns 13,527 shares of the pipeline company's stock valued at $703,000 after acquiring an additional 6,766 shares during the last quarter.

Among 28 analysts covering Verifone Systems Inc. Therefore 36% are positive. Athenahealth Inc (Call) now has $5.29 billion valuation. The rating was maintained by JP Morgan on Tuesday, March 15 with "Neutral". The rating was downgraded by Northcoast to "Neutral" on Wednesday, September 6. The rating was initiated by Mizuho with "Neutral" on Friday, September 30. FBR Capital has "Mkt Perform" rating and $48 target. The stock has "Outperform" rating by Wedbush on Friday, September 4. The firm has "Buy" rating given on Wednesday, September 14 by Stifel Nicolaus. As per Monday, October 17, the company rating was initiated by Craig Hallum.

Investors sentiment increased to 1.59 in Q4 2016. 43 funds opened positions while 68 raised stakes. Zacks Investment Research lowered shares of Nustar GP Holdings from a "hold" rating to a "sell" rating in a research report on Tuesday, May 30th. 1,218 were accumulated by Northwestern Mutual Wealth Management. First Manhattan holds 1,330 shares or 0% of its portfolio. Ledyard State Bank reported 0% stake. Kcg Holdings holds 19,982 shares or 0.01% of its portfolio. Wealthtrust invested in 0.01% or 150 shares. Citigroup owns 54,571 shares.

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