NuStar GP Holdings L.L.C. (NYSE:NSH) – Equities researchers at US Capital Advisors boosted their FY2020 earnings per share estimates for NuStar GP in a research report issued on Monday, May 14th. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will earn $0.07 per share for the year, up from their previous forecast of $0.06.

NuStar GP (NYSE:NSH) last released its earnings results on Thursday, April 26th. The pipeline company reported $0.28 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.05). NuStar GP had a return on equity of 21.96% and a net margin of 174.77%. The firm had revenue of $13.32 million during the quarter.

Several other analysts have also recently commented on NSH. Barclays reduced their target price on shares of NuStar GP from $15.00 to $12.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 17th. Citigroup reduced their target price on shares of NuStar GP from $15.00 to $12.00 and set a “neutral” rating for the company in a research note on Tuesday, May 1st. ValuEngine cut shares of NuStar GP from a “hold” rating to a “sell” rating in a research note on Monday, April 2nd. Mizuho restated a “hold” rating and issued a $13.00 target price on shares of NuStar GP in a research note on Wednesday, April 11th. Finally, B. Riley assumed coverage on shares of NuStar GP in a research note on Friday, January 26th. They issued a “buy” rating and a $20.00 target price for the company. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the stock. NuStar GP has an average rating of “Hold” and an average target price of $16.43.

NSH stock opened at $12.45 on Wednesday. NuStar GP has a one year low of $12.30 and a one year high of $12.40. The firm has a market capitalization of $526.18 million, a PE ratio of 6.19 and a beta of 1.25.

Several hedge funds and other institutional investors have recently made changes to their positions in NSH. Brookfield Asset Management Inc. lifted its stake in shares of NuStar GP by 138.0% in the first quarter. Brookfield Asset Management Inc. now owns 2,946,284 shares of the pipeline company’s stock valued at $34,030,000 after purchasing an additional 1,708,304 shares during the period. Center Coast Capital Advisors LP lifted its stake in shares of NuStar GP by 101.2% in the fourth quarter. Center Coast Capital Advisors LP now owns 2,366,294 shares of the pipeline company’s stock valued at $37,151,000 after purchasing an additional 1,190,451 shares during the period. Citigroup Inc. lifted its stake in shares of NuStar GP by 512.9% in the first quarter. Citigroup Inc. now owns 411,335 shares of the pipeline company’s stock valued at $4,751,000 after purchasing an additional 344,225 shares during the period. UBS Group AG lifted its stake in shares of NuStar GP by 132.0% in the first quarter. UBS Group AG now owns 559,055 shares of the pipeline company’s stock valued at $6,457,000 after purchasing an additional 318,110 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of NuStar GP by 113.0% in the first quarter. JPMorgan Chase & Co. now owns 546,562 shares of the pipeline company’s stock valued at $6,313,000 after purchasing an additional 289,926 shares during the period. Hedge funds and other institutional investors own 49.47% of the company’s stock.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 16th. Investors of record on Tuesday, May 8th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 10.60%. The ex-dividend date was Monday, May 7th. NuStar GP’s dividend payout ratio (DPR) is 65.67%.

About NuStar GP

NuStar GP Holdings, LLC, through its ownership interests in NuStar Energy L.P., engages in the transportation of petroleum products and anhydrous ammonia. The company is also involved in the terminalling, storage, and marketing of petroleum products. It has pipelines in the United States; and terminal and storage facilities in the United States, Canada, Mexico, and the United Kingdom, as well as the Netherlands, including St.

Receive News & Ratings for NuStar GP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NuStar GP and related companies with MarketBeat.com's FREE daily email newsletter.