NuStar GP Holdings, LLC (NYSE:NSH) has received a consensus recommendation of “Hold” from the eight research firms that are currently covering the stock. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $27.17.

NSH has been the subject of several recent analyst reports. Zacks Investment Research cut shares of NuStar GP Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, June 29th. Mizuho started coverage on shares of NuStar GP Holdings in a research note on Thursday, September 29th. They set a “neutral” rating and a $26.00 price objective for the company. TheStreet cut shares of NuStar GP Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, August 2nd. Citigroup Inc. raised shares of NuStar GP Holdings from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $26.00 to $29.00 in a research note on Friday, August 12th. Finally, US Capital Advisors reissued a “hold” rating on shares of NuStar GP Holdings in a research note on Wednesday, September 21st.

In other news, Director James F. Clingman sold 5,550 shares of the business’s stock in a transaction on Wednesday, September 28th. The shares were sold at an average price of $25.35, for a total transaction of $140,692.50. Following the completion of the sale, the director now directly owns 40,947 shares of the company’s stock, valued at approximately $1,038,006.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William E. Greehey acquired 16,308 shares of the stock in a transaction dated Friday, August 12th. The shares were bought at an average cost of $24.72 per share, with a total value of $403,133.76. Following the completion of the purchase, the director now directly owns 8,584,823 shares in the company, valued at $212,216,824.56. The disclosure for this purchase can be found here.

Several hedge funds have recently made changes to their positions in the stock. IFP Advisors Inc boosted its stake in shares of NuStar GP Holdings by 1.3% in the first quarter. IFP Advisors Inc now owns 4,856 shares of the company’s stock worth $101,000 after buying an additional 60 shares during the period. Beach Investment Counsel Inc. PA acquired a new stake in shares of NuStar GP Holdings during the second quarter worth $203,000. Cannell Peter B & Co. Inc. acquired a new stake in shares of NuStar GP Holdings during the second quarter worth $210,000. M&T Bank Corp acquired a new stake in shares of NuStar GP Holdings during the second quarter worth $213,000. Finally, Fiduciary Financial Services of The Southwest Inc. TX acquired a new stake in shares of NuStar GP Holdings during the second quarter worth $229,000.

Shares of NuStar GP Holdings (NYSE:NSH) opened at 24.49 on Wednesday. The firm has a market capitalization of $1.05 billion, a PE ratio of 17.09 and a beta of 1.02. NuStar GP Holdings has a 52 week low of $12.86 and a 52 week high of $29.72. The stock has a 50 day moving average price of $24.72 and a 200 day moving average price of $24.36.

NuStar GP Holdings (NYSE:NSH) last released its earnings results on Tuesday, August 2nd. The company reported $0.35 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by $0.01. Equities analysts forecast that NuStar GP Holdings will post $1.48 earnings per share for the current fiscal year.

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.

5 Day Chart for NYSE:NSH

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