Analysts forecast that NuStar GP Holdings L.L.C. (NYSE:NSH) will report $0.27 earnings per share for the current quarter, Zacks reports. Zero analysts have made estimates for NuStar GP’s earnings. NuStar GP reported earnings per share of $0.39 during the same quarter last year, which suggests a negative year-over-year growth rate of 30.8%. The firm is scheduled to report its next quarterly earnings results before the market opens on Thursday, April 26th.

On average, analysts expect that NuStar GP will report full year earnings of $0.20 per share for the current financial year. For the next financial year, analysts forecast that the firm will post earnings of ($0.02) per share. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that follow NuStar GP.

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NuStar GP (NYSE:NSH) last issued its quarterly earnings results on Thursday, February 8th. The pipeline company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.12). The business had revenue of $10.30 million during the quarter, compared to analysts’ expectations of $12.68 million. NuStar GP had a return on equity of 23.82% and a net margin of 168.31%.

A number of research firms have recently weighed in on NSH. Mizuho reissued a “hold” rating and issued a $13.00 price objective on shares of NuStar GP in a research report on Wednesday, April 11th. ValuEngine raised NuStar GP from a “sell” rating to a “hold” rating in a research report on Wednesday, April 11th. Citigroup cut NuStar GP from a “buy” rating to a “neutral” rating in a research report on Friday, February 2nd. B. Riley began coverage on NuStar GP in a research report on Friday, January 26th. They issued a “buy” rating and a $20.00 price objective for the company. Finally, Zacks Investment Research cut NuStar GP from a “buy” rating to a “hold” rating in a research report on Saturday, February 10th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $19.25.

A number of institutional investors and hedge funds have recently modified their holdings of the business. BNP Paribas Arbitrage SA acquired a new stake in NuStar GP during the 3rd quarter worth about $103,000. Brown Advisory Inc. lifted its position in NuStar GP by 70.0% during the 4th quarter. Brown Advisory Inc. now owns 17,000 shares of the pipeline company’s stock worth $267,000 after acquiring an additional 7,000 shares during the period. Covenant Multifamily Offices LLC acquired a new stake in NuStar GP during the 4th quarter worth about $131,000. Ladenburg Thalmann Financial Services Inc. lifted its position in NuStar GP by 27.2% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 45,914 shares of the pipeline company’s stock worth $720,000 after acquiring an additional 9,824 shares during the period. Finally, Raymond James & Associates acquired a new stake in NuStar GP during the 4th quarter worth about $168,000. 53.52% of the stock is owned by institutional investors.

Shares of NYSE NSH opened at $12.00 on Thursday. The firm has a market cap of $491.81, a price-to-earnings ratio of 8.30 and a beta of 1.23. NuStar GP has a 12-month low of $10.40 and a 12-month high of $28.20.

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NuStar GP Company Profile

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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