Nustar Energy L.P. (NYSE:NS) is expected to pay $1.10 on Nov 14, 2016. The indicated annual dividend is $4.38. Shareholders owning the stock before Nov 4, 2016 will be eligible to receive the payout. Based on Nustar Energy L.P.’s current price of $45.97, the dividend is 2.38%. This dividend’s record date is Nov 8, 2016 and the announcement date is Oct 28, 2016. The stock decreased 1.82% or $0.85 on November 2, hitting $45.97. NuStar Energy L.P. (NYSE:NS) has risen 16.82% since April 1, 2016 and is uptrending. It has outperformed by 15.61% the S&P500.
NuStar Energy L.P. is engaged in the transportation of petroleum products and anhydrous ammonia; the terminaling and storage of petroleum products, and the marketing of petroleum products. The company has a market cap of $3.49 billion. The Company’s operating divisions include pipeline, storage and fuels marketing. It has a 20.97 P/E ratio. The pipeline segment consists of the transportation of refined petroleum products, crude oil and anhydrous ammonia.
Insitutional Activity: The institutional sentiment increased to 0.94 in Q2 2016. Its up 0.30, from 0.64 in 2016Q1. The ratio is positive, as 15 funds sold all NuStar Energy L.P. shares owned while 49 reduced positions. 18 funds bought stakes while 42 increased positions. They now own 34.14 million shares or 6.40% less from 36.47 million shares in 2016Q1.
Envestnet Asset Mngmt Inc has 0% invested in the company for 4,857 shares. First Eagle Mgmt Lc last reported 0.04% of its portfolio in the stock. South Texas Money Mngmt Ltd accumulated 0.03% or 10,412 shares. Travelers Incorporated owns 107,100 shares or 1.66% of their US portfolio. Hap Trading Lc accumulated 16,759 shares or 0.05% of the stock. Wfg Advsrs Limited Partnership owns 4,768 shares or 0.06% of their US portfolio. Spirit Of America Management Ny accumulated 1.42% or 194,201 shares. Van Eck Assocs accumulated 0.01% or 25,067 shares. Assetmark holds 250 shares or 0% of its portfolio. Novare Management Limited Liability Com reported 66,135 shares or 0.89% of all its holdings. State Street owns 7,982 shares or 0% of their US portfolio. First Interstate Comml Bank owns 346 shares or 0% of their US portfolio. Moreover, Third Security Ltd Llc has 0.3% invested in NuStar Energy L.P. (NYSE:NS) for 116,500 shares. Ent Financial Corp reported 511 shares or 0.01% of all its holdings. Raymond James Financial Svcs Advisors last reported 0.04% of its portfolio in the stock.
Insider Transactions: Since June 28, 2016, the stock had 3 buys, and 0 sales for $2.02 million net activity. GREEHEY WILLIAM E also bought $975,956 worth of NuStar Energy L.P. (NYSE:NS) on Thursday, August 11.
NuStar Energy L.P. (NYSE:NS) Ratings Coverage
Out of 10 analysts covering Nustar Energy LP (NYSE:NS), 2 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 20% are positive. $64 is the highest target while $32 is the lowest. The $48.78 average target is 6.11% above today’s ($45.97) stock price. Nustar Energy LP has been the topic of 14 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The rating was upgraded by Stifel Nicolaus on Wednesday, September 14 to “Buy”. The stock of NuStar Energy L.P. (NYSE:NS) has “Mkt Perform” rating given on Friday, September 9 by FBR Capital. JP Morgan maintained NuStar Energy L.P. (NYSE:NS) rating on Monday, May 16. JP Morgan has “Neutral” rating and $49 price target. As per Friday, September 30, the company rating was initiated by Mizuho. The rating was maintained by JP Morgan on Tuesday, March 15 with “Neutral”. On Wednesday, November 4 the stock rating was downgraded by JP Morgan to “Neutral”. The rating was upgraded by Citigroup on Friday, August 12 to “Buy”. On Friday, April 1 the stock rating was reinitiated by Piper Jaffray with “Neutral”. The firm earned “Hold” rating on Wednesday, November 4 by Stifel Nicolaus. Morgan Stanley initiated NuStar Energy L.P. (NYSE:NS) rating on Thursday, February 25. Morgan Stanley has “Equal-Weight” rating and $35 price target.
More notable recent NuStar Energy L.P. (NYSE:NS) news were published by: Bizjournals.com which released: “NuStar comes close to third-quarter expectations for revenue” on November 02, 2016, also Nasdaq.com with their article: “Ex-Dividend Reminder: NuStar GP Holdings, PBF Energy and NuStar Energy” published on November 02, 2016, Bizjournals.com published: “A closer look at NuStar Energy’s $107M deal to expand Port Corpus Christi …” on October 24, 2016. More interesting news about NuStar Energy L.P. (NYSE:NS) were released by: Businesswire.com and their article: “NuStar Energy L.P. Declares Third Quarter 2016 Distribution” published on October 28, 2016 as well as Businesswire.com‘s news article titled: “NuStar Energy L.P. Declares Second Quarter 2016 Distribution” with publication date: July 29, 2016.
NS Company Profile
NuStar Energy L.P., incorporated on December 7, 1999, is engaged in the transportation of petroleum products and anhydrous ammonia; the terminaling and storage of petroleum products, and the marketing of petroleum products. The Company’s operating divisions include pipeline, storage and fuels marketing. The Firm conducts its activities through its subsidiaries, primarily NuStar Logistics, L.P. (NuStar Logistics) and NuStar Pipeline Operating Partnership L.P. (NuPOP). The Company’s assets include approximately 5,500 miles of refined product pipelines with over 20 associated terminals providing storage capacity of over five million barrels and approximately two tank farms providing storage capacity of over 1.4 million barrels; over 2,000 miles of anhydrous ammonia pipelines; approximately 1,200 miles of crude oil pipelines, with over eight associated terminals, providing approximately four million barrels of associated storage capacity, and over 50 terminal and storage facilities providing approximately 82.9 million barrels of storage capacity
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.