NuStar GP Holdings, LLC (NYSE:NSH) has been assigned a consensus rating of “Hold” from the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $14.80.

A number of analysts recently commented on the company. US Capital Advisors reaffirmed a “hold” rating on shares of NuStar GP in a research report on Tuesday, July 17th. Barclays boosted their target price on NuStar GP from $13.00 to $14.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 11th. Finally, Zacks Investment Research raised NuStar GP from a “sell” rating to a “hold” rating in a research report on Wednesday, June 20th.

NuStar GP stock remained flat at $$24.95 during midday trading on Monday. NuStar GP has a 1 year low of $10.40 and a 1 year high of $24.50. The company has a market capitalization of $588.46 million, a PE ratio of 12.41 and a beta of 1.34.

A number of institutional investors and hedge funds have recently modified their holdings of NSH. TVR Capital Management LP bought a new stake in NuStar GP during the 2nd quarter worth approximately $124,000. Alps Advisors Inc. increased its holdings in NuStar GP by 42.8% during the 2nd quarter. Alps Advisors Inc. now owns 19,177 shares of the pipeline company’s stock worth $238,000 after purchasing an additional 5,749 shares in the last quarter. Stifel Financial Corp bought a new stake in NuStar GP during the 1st quarter worth approximately $227,000. Lake Street Advisors Group LLC bought a new stake in NuStar GP during the 2nd quarter worth approximately $281,000. Finally, Susquehanna Fundamental Investments LLC bought a new stake in NuStar GP during the 1st quarter worth approximately $286,000. 48.14% of the stock is owned by hedge funds and other institutional investors.

NuStar GP Company Profile

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.

See Also: Outstanding Shares and The Effect on Share Price

Analyst Recommendations for NuStar GP (NYSE:NSH)

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