Shares of NuStar Energy L.P. (NYSE:NS) have received a consensus rating of “Hold” from the ten analysts that are currently covering the firm, Marketbeat reports. Nine analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $26.43.

Several research analysts have commented on the stock. Zacks Investment Research cut shares of NuStar Energy from a “buy” rating to a “hold” rating in a report on Wednesday, November 14th. Barclays raised their target price on shares of NuStar Energy from $25.00 to $27.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 8th. Stifel Nicolaus raised their target price on shares of NuStar Energy from $26.00 to $27.00 and gave the stock a “hold” rating in a report on Wednesday, August 8th. Citigroup reduced their price target on shares of NuStar Energy from $27.00 to $25.00 and set a “neutral” rating for the company in a research report on Thursday, November 29th. Finally, JPMorgan Chase & Co. increased their price target on shares of NuStar Energy from $25.00 to $28.00 and gave the stock a “neutral” rating in a research report on Friday, August 24th.

Shares of NS traded down $0.43 during midday trading on Friday, hitting $24.34. The stock had a trading volume of 802,200 shares, compared to its average volume of 684,078. NuStar Energy has a fifty-two week low of $19.22 and a fifty-two week high of $35.91. The stock has a market cap of $2.65 billion, a price-to-earnings ratio of 37.39 and a beta of 1.64. The company has a debt-to-equity ratio of 2.12, a current ratio of 0.87 and a quick ratio of 0.79.

NuStar Energy (NYSE:NS) last announced its earnings results on Monday, November 5th. The pipeline company reported $0.13 EPS for the quarter, hitting the consensus estimate of $0.13. NuStar Energy had a net margin of 12.03% and a return on equity of 32.29%. The company had revenue of $490.40 million during the quarter, compared to analysts’ expectations of $472.87 million. During the same period last year, the company posted $0.15 earnings per share. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. Analysts anticipate that NuStar Energy will post 1.56 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 14th. Stockholders of record on Thursday, November 8th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 9.86%. The ex-dividend date was Wednesday, November 7th. NuStar Energy’s dividend payout ratio (DPR) is 375.00%.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Prospera Financial Services Inc purchased a new stake in shares of NuStar Energy in the third quarter worth approximately $216,000. Chemical Bank purchased a new stake in shares of NuStar Energy in the third quarter worth approximately $218,000. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of NuStar Energy in the third quarter worth approximately $229,000. Independent Advisor Alliance purchased a new stake in shares of NuStar Energy in the third quarter worth approximately $231,000. Finally, Sheaff Brock Investment Advisors LLC purchased a new stake in shares of NuStar Energy in the third quarter worth approximately $259,000. 58.78% of the stock is owned by institutional investors and hedge funds.

About NuStar Energy

NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products in Texas. The company also engages in the transportation of petroleum products and anhydrous ammonia. It operates through three segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment transports refined petroleum products, crude oil, and anhydrous ammonia.

Further Reading: Institutional Investors

Analyst Recommendations for NuStar Energy (NYSE:NS)

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