Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Nustar GP Holdings, LLC (NYSE:NSH) by 4.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 418,175 shares of the pipeline company’s stock after purchasing an additional 17,397 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 0.97% of Nustar GP Holdings worth $10,224,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. raised its stake in shares of Nustar GP Holdings by 2.6% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 56,947 shares of the pipeline company’s stock worth $1,592,000 after purchasing an additional 1,450 shares during the period. Atlantic Trust Group LLC raised its stake in shares of Nustar GP Holdings by 1.2% during the 1st quarter. Atlantic Trust Group LLC now owns 1,063,910 shares of the pipeline company’s stock worth $29,736,000 after purchasing an additional 13,089 shares during the period. Catalyst Capital Advisors LLC raised its stake in shares of Nustar GP Holdings by 24.7% during the 1st quarter. Catalyst Capital Advisors LLC now owns 389,865 shares of the pipeline company’s stock worth $10,897,000 after purchasing an additional 77,153 shares during the period. Neuberger Berman Group LLC raised its stake in shares of Nustar GP Holdings by 1.8% during the 1st quarter. Neuberger Berman Group LLC now owns 7,490,326 shares of the pipeline company’s stock worth $209,355,000 after purchasing an additional 133,894 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of Nustar GP Holdings by 42.2% during the 1st quarter. JPMorgan Chase & Co. now owns 86,873 shares of the pipeline company’s stock worth $2,428,000 after purchasing an additional 25,788 shares during the period. Institutional investors own 55.59% of the company’s stock.

Shares of Nustar GP Holdings, LLC (NSH) opened at 22.05 on Monday. The company has a market capitalization of $947.07 million, a PE ratio of 10.35 and a beta of 1.19. Nustar GP Holdings, LLC has a 52 week low of $20.04 and a 52 week high of $31.50. The company has a 50-day moving average price of $22.24 and a 200-day moving average price of $25.55.

Nustar GP Holdings (NYSE:NSH) last posted its quarterly earnings data on Friday, July 28th. The pipeline company reported $0.56 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 firm had revenue of $10.96 million for the quarter, compared to the consensus estimate of $16.22 million. Analysts predict that Nustar GP Holdings, LLC will post $2.27 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Monday, August 7th were paid a $0.545 dividend. This represents a $2.18 annualized dividend and a dividend yield of 9.89%. The ex-dividend date was Thursday, August 3rd. Nustar GP Holdings’s dividend payout ratio (DPR) is currently 102.83%.

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A number of equities research analysts have recently commented on the company. BidaskClub upgraded Nustar GP Holdings from a “strong sell” rating to a “sell” rating in a research note on Friday, August 25th. Credit Suisse Group set a $28.00 target price on Nustar GP Holdings and gave the stock a “hold” rating in a research note on Sunday, July 30th. Zacks Investment Research upgraded Nustar GP Holdings from a “strong sell” rating to a “hold” rating in a research note on Saturday, July 29th. Wells Fargo & Company cut Nustar GP Holdings from an “outperform” rating to a “market perform” rating in a research note on Monday, July 17th. Finally, TheStreet upgraded Nustar GP Holdings from a “c+” rating to a “b” rating in a research note on Thursday, May 25th. One research analyst has rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. Nustar GP Holdings currently has an average rating of “Hold” and a consensus price target of $28.33.

In related news, Director William E. Greehey acquired 6,423 shares of the firm’s stock in a transaction dated Monday, August 7th. The shares were purchased at an average price of $22.01 per share, with a total value of $141,370.23. Following the completion of the purchase, the director now directly owns 8,646,280 shares of the company’s stock, valued at $190,304,622.80. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director William E. Greehey acquired 42,500 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The stock was bought at an average cost of $21.79 per share, for a total transaction of $926,075.00. Following the purchase, the director now directly owns 8,646,280 shares of the company’s stock, valued at $188,402,441.20. The disclosure for this purchase can be found here. Insiders bought 173,086 shares of company stock worth $3,715,871 in the last ninety days. Corporate insiders own 21.39% of the company’s stock.

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.

Institutional Ownership by Quarter for Nustar GP Holdings (NYSE:NSH)

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