The fund owned 12,906 shares of the pipeline company's stock after selling 4,129 shares during the period.
NSH has been the subject of a number of research analyst reports. The hedge fund held 280,298 stocks of the pipeline firms shares after scooping up an extra 32 shares through out the quarter. Catalyst Capital Advisors has an ownership of 389,865 stocks of the pipeline firms shares valued $10,897,000 after scooping up an extra 77,153 shares through out the quarter. The NASDAQ listed company saw a recent bid of 74.86 and 161188 shares have traded hands in the session. Atlantic Trust Group LLC raised its stake in shares of Nustar GP Holdings by 1.2% in the first quarter. Finally, ING Groep NV purchased a new stake in shares of Nustar Energy L.P. during the second quarter valued at about $11,775,000. Atlantic Trust Group LLC now owns 1,063,910 shares of the pipeline company's stock worth $29,736,000 after buying an additional 13,089 shares during the period. Neuberger Berman Group increased its position in Nustar GP Holdings by 1.8% in the Q1. McQueen Ball & Associates Inc. now owns 5,239 shares of the pipeline company's stock valued at $272,000 after buying an additional 104 shares during the period. The firm's revenue for the quarter was down.5% compared to the same quarter a year ago.
Nustar GP Holdings, LLC (NYSE:NSH) opened at 22.25 on Friday. Hap Trading Lc holds 0.03% or 12,277 shares in its portfolio. The company's 50 day moving average price is $45.19 and its 200-day moving average price is $48.56.
Heronetta Management Lp decreased its stake in Nustar Gp Holdings Llc (NSH) by 55.17% based on its latest 2016Q4 regulatory filing with the SEC. The company has market cap of $3.84 billion. Center Coast Capital Advisors raised its stake in stocks of Nustar GP Holdings by 6.3% in the Q1.
Receive Nustar GP Holdings, LLC News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nustar GP Holdings, LLC with MarketBeat.com's FREE daily email newsletter. The institutional investor held 1.48M shares of the major chemicals company at the end of 2016Q4, valued at $116.33 million, down from 1.53 million at the end of the previous reported quarter. Nustar Energy L.P. The firm had revenue of $435.49 million for the quarter, compared to analyst estimates of $500.83 million. Winslow Evans & Crocker Inc. raised its position in shares of Nustar Energy L.P.by 708.0% in the second quarter. During the same quarter past year, the company posted $0.52 EPS. On average, analysts forecast that Nustar GP Holdings, LLC will post $1.97 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Monday, August 7th will be issued a dividend of $0.545 per share. The ex-dividend date of this dividend is Thursday, August 3rd. This represents a $4.38 dividend on an annualized basis and a dividend yield of 10.66%. Nustar GP Holdings's dividend payout ratio is 102.83%. If you are reading this piece on another domain, it was stolen and reposted in violation of US and global trademark and copyright law. The correct version of this piece can be viewed at https://transcriptdaily.com/2017/08/11/tradelink-capital-llc-invests-275000-in-nustar-energy-l-p-ns.html.
Several other equities analysts have also recently commented on the company. Finally, Wells Fargo & Company raised Nustar GP Holdings from a "market perform" rating to an "outperform" rating in a report on Friday, April 21st. Barclays PLC reiterated a "hold" rating on shares of Nustar GP Holdings in a research note on Friday, April 14th. Credit Suisse Group set a $28.00 price target on shares of Nustar GP Holdings and gave the stock a "hold" rating in a research note on Sunday, July 30th. BidaskClub upgraded shares of Nustar GP Holdings from a "strong sell" rating to a "sell" rating in a research note on Tuesday, June 27th. The company has an average rating of "Hold" and an average target price of $51.00.
Nustar GP Holdings, LLC (NYSE:NSH) Director William E. Greehey bought 42,500 shares of the firm's stock in a transaction dated Wednesday, August 9th. The stock was bought at an average price of $21.89 per share, with a total value of $364,753.07. After this trade, the director has an ownership of 8,646,280 stocks in the company, worth at $188,402,441.20. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. UBS AG reaffirmed a "buy" rating and issued a $53.00 price objective (down previously from $56.00) on shares of Nustar Energy L.P.in a report on Monday, July 31st. The shares were purchased at an average price of $21.89 per share, for a total transaction of $364,753.07. The disclosure for this purchase can be found here.
In related news, Director William Grady Rosier bought 5,000 shares of the stock in a transaction on Friday, May 19th. Insiders own 4.10% of the company's stock. NuStar Energy 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 divisions include pipeline, storage and fuels marketing.