Mizuho set a $30.00 price target on NuStar Energy (NYSE:NS) in a report published on Friday. The firm currently has a hold rating on the pipeline company’s stock.

Several other equities analysts have also weighed in on the stock. Stifel Nicolaus set a $26.00 price target on shares of NuStar Energy and gave the company a hold rating in a research report on Friday. Citigroup reduced their price target on shares of NuStar Energy from $33.00 to $27.00 and set a neutral rating for the company in a research report on Friday. B. Riley set a $31.00 price target on shares of NuStar Energy and gave the company a hold rating in a research report on Thursday, February 8th. ValuEngine lowered shares of NuStar Energy from a hold rating to a sell rating in a research report on Friday, February 2nd. Finally, Zacks Investment Research upgraded shares of NuStar Energy from a hold rating to a buy rating and set a $40.00 price target for the company in a research report on Tuesday, January 23rd. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of $35.44.

NuStar Energy (NYSE NS) opened at $23.99 on Friday. The firm has a market cap of $2,230.00, a PE ratio of 34.77 and a beta of 1.19. The company has a current ratio of 0.36, a quick ratio of 0.33 and a debt-to-equity ratio of 1.77. NuStar Energy has a 1 year low of $22.79 and a 1 year high of $54.90.

NuStar Energy (NYSE:NS) last posted its quarterly earnings results on Thursday, February 8th. The pipeline company reported $0.00 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.17). The company had revenue of $450.50 million for the quarter, compared to the consensus estimate of $435.46 million. NuStar Energy had a net margin of 8.16% and a return on equity of 8.72%. NuStar Energy’s quarterly revenue was down 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS. equities analysts forecast that NuStar Energy will post 1.33 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 13th. Shareholders of record on Thursday, February 8th will be given a dividend of $1.095 per share. The ex-dividend date is Wednesday, February 7th. This represents a $4.38 dividend on an annualized basis and a yield of 18.26%. NuStar Energy’s dividend payout ratio is presently 634.78%.

A number of large investors have recently modified their holdings of NS. Alps Advisors Inc. boosted its position in NuStar Energy by 11.3% during the third quarter. Alps Advisors Inc. now owns 6,422,266 shares of the pipeline company’s stock worth $260,680,000 after purchasing an additional 649,543 shares during the period. Center Coast Capital Advisors LP boosted its position in NuStar Energy by 12.3% during the third quarter. Center Coast Capital Advisors LP now owns 4,657,451 shares of the pipeline company’s stock worth $189,046,000 after purchasing an additional 509,808 shares during the period. Bank of Montreal Can boosted its position in NuStar Energy by 25.7% during the fourth quarter. Bank of Montreal Can now owns 1,419,363 shares of the pipeline company’s stock worth $42,510,000 after purchasing an additional 290,324 shares during the period. Atlantic Trust Group LLC boosted its position in NuStar Energy by 25.1% during the third quarter. Atlantic Trust Group LLC now owns 1,437,051 shares of the pipeline company’s stock worth $58,331,000 after purchasing an additional 288,205 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in NuStar Energy by 16.4% during the third quarter. JPMorgan Chase & Co. now owns 1,760,994 shares of the pipeline company’s stock worth $70,863,000 after purchasing an additional 248,106 shares during the period. Hedge funds and other institutional investors own 57.53% of the company’s stock.

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About NuStar Energy

NuStar Energy L.P. is engaged in the transportation of petroleum products and anhydrous ammonia; the terminalling and storage of petroleum products, and the marketing of petroleum products. The Company’s segments include pipeline, storage and fuels marketing. The pipeline segment consists of the transportation of refined petroleum products, crude oil and anhydrous ammonia.

Analyst Recommendations for NuStar Energy (NYSE:NS)

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