Headlines about Nustar GP Holdings (NYSE:NSH) have been trending somewhat positive on Saturday, according to Accern. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nustar GP Holdings earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave media stories about the pipeline company an impact score of 46.3058986961994 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have effected Accern’s analysis:
- Nustar GP Holdings, LLC Units (NSH) Hits a 52-Week High (highlightpress.com)
- NuStar GP Holdings (NSH) Presents At Citi MLP/Midstream Infrastructure Conference – Slideshow (seekingalpha.com)
- Nustar GP Holdings, LLC (NYSE:NSH) Valuation According To Analysts (lazeresportes.com)
- Nustar GP Holdings, LLC (NSH) Director William E. Greehey Buys 16663 Shares (campdesrecrues.com)
- Nustar GP Holdings, LLC (NSH) Director Acquires $364753.07 in Stock (bulhufas.com)
Shares of Nustar GP Holdings (NYSE:NSH) remained flat at $20.30 on Friday. The stock had a trading volume of 49,053 shares. The stock’s 50 day moving average price is $23.08 and its 200 day moving average price is $26.22. Nustar GP Holdings has a one year low of $20.05 and a one year high of $31.50. The company has a market capitalization of $871.91 million, a price-to-earnings ratio of 9.53 and a beta of 1.18.
Nustar GP Holdings (NYSE:NSH) last posted its quarterly earnings data on Friday, July 28th. The pipeline company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.21. Nustar GP Holdings had a return on equity of 25.68% and a net margin of 176.62%. The company had revenue of $10.96 million for the quarter, compared to the consensus estimate of $16.22 million. Equities analysts expect that Nustar GP Holdings will post $1.97 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Monday, August 7th were issued a dividend of $0.545 per share. The ex-dividend date was Thursday, August 3rd. This represents a $2.18 annualized dividend and a yield of 10.74%. Nustar GP Holdings’s dividend payout ratio is presently 102.83%.
A number of brokerages recently weighed in on NSH. Macquarie began coverage on shares of Nustar GP Holdings in a research report on Friday, April 21st. They set a “neutral” rating and a $26.00 target price for the company. Wells Fargo & Company upgraded shares of Nustar GP Holdings from a “market perform” rating to an “outperform” rating in a research report on Friday, April 21st. Zacks Investment Research lowered shares of Nustar GP Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, May 30th. TheStreet raised shares of Nustar GP Holdings from a “c+” rating to a “b” rating in a research note on Thursday, May 25th. Finally, BidaskClub raised shares of Nustar GP Holdings from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 27th. One research analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. The company has an average rating of “Hold” and a consensus price target of $28.33.
In other news, 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 $21.79 per share, for a total transaction of $926,075.00. Following the transaction, the director now owns 8,646,280 shares in the company, valued at $188,402,441.20. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director William E. Greehey bought 6,423 shares of the firm’s stock in a transaction dated Monday, August 7th. The stock was purchased at an average price of $22.01 per share, with a total value of $141,370.23. Following the transaction, the director now owns 8,646,280 shares in the company, valued at approximately $190,304,622.80. The disclosure for this purchase can be found here. Insiders have acquired a total of 73,086 shares of company stock worth $1,597,498 over the last 90 days. 21.39% of the stock is owned by company insiders.
About Nustar GP Holdings
NuStar GP Holdings, LLC holds interests in NuStar Energy L.P. (NuStar Energy). 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. NuStar Energy has terminal and storage facilities in the United States, Canada, Mexico, the Netherlands, including St.
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