Adams Asset Advisors LLC increased its position in shares of Nustar Energy L.P. (NYSE:NS) by 19.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 185,750 shares of the pipeline company’s stock after buying an additional 30,840 shares during the quarter. Adams Asset Advisors LLC’s holdings in Nustar Energy were worth $5,563,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company grew its position in Nustar Energy by 7.3% during the second quarter. The Manufacturers Life Insurance Company now owns 2,406 shares of the pipeline company’s stock worth $112,000 after buying an additional 163 shares in the last quarter. HighTower Advisors LLC lifted its stake in Nustar Energy by 6.1% during the second quarter. HighTower Advisors LLC now owns 4,893 shares of the pipeline company’s stock worth $227,000 after purchasing an additional 282 shares during the period. BNP Paribas Arbitrage SA bought a new position in Nustar Energy during the third quarter worth about $217,000. Chicago Partners Investment Group LLC lifted its stake in Nustar Energy by 197.8% during the third quarter. Chicago Partners Investment Group LLC now owns 5,361 shares of the pipeline company’s stock worth $218,000 after purchasing an additional 3,561 shares during the period. Finally, WFG Advisors LP lifted its stake in Nustar Energy by 28.5% during the second quarter. WFG Advisors LP now owns 5,621 shares of the pipeline company’s stock worth $262,000 after purchasing an additional 1,245 shares during the period. 57.57% of the stock is currently owned by institutional investors and hedge funds.

Nustar Energy L.P. (NYSE NS) traded up $0.80 during trading hours on Thursday, hitting $33.86. 626,641 shares of the stock were exchanged, compared to its average volume of 524,268. Nustar Energy L.P. has a 52 week low of $26.21 and a 52 week high of $55.64. The company has a quick ratio of 0.33, a current ratio of 0.36 and a debt-to-equity ratio of 1.77. The company has a market capitalization of $3,150.00, a PE ratio of 89.11 and a beta of 1.27.

Nustar Energy (NYSE:NS) last posted its earnings results on Tuesday, November 7th. The pipeline company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.12). Nustar Energy had a net margin of 6.09% and a return on equity of 6.89%. The firm had revenue of $440.60 million during the quarter, compared to the consensus estimate of $413.81 million. During the same quarter last year, the firm posted $0.49 EPS. The business’s revenue was down .2% on a year-over-year basis. analysts anticipate that Nustar Energy L.P. will post 0.83 earnings per share for the current fiscal year.

A number of research analysts have commented on the stock. Zacks Investment Research upgraded shares of Nustar Energy from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 14th. Stifel Nicolaus restated a “hold” rating and set a $42.00 price target on shares of Nustar Energy in a research note on Thursday, October 12th. Citigroup upgraded shares of Nustar Energy from a “neutral” rating to a “buy” rating and set a $33.00 price target for the company in a research note on Tuesday, December 5th. US Capital Advisors cut shares of Nustar Energy from an “overweight” rating to a “hold” rating in a research note on Thursday, January 4th. Finally, Wells Fargo & Co restated a “market perform” rating and set a $37.00 price target (down previously from $42.00) on shares of Nustar Energy in a research note on Thursday, November 9th. They noted that the move was a valuation call. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $39.33.

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

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