Media headlines about NuStar GP Holdings (NYSE:NSH) have been trending somewhat positive on Saturday, according to AlphaOne Sentiment. The research firm, a subsidiary of Accern, rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NuStar GP Holdings earned a news sentiment score of 0.11 on AlphaOne’s scale. AlphaOne also gave news stories about the pipeline company an impact score of 93 out of 100, indicating that recent news coverage is extremely likely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have impacted Alpha One Sentiment Analysis’s rankings:
NuStar GP Holdings (NYSE:NSH) traded up 2.53% during trading on Friday, hitting $26.35. The stock had a trading volume of 158,362 shares. The company has a 50-day moving average of $27.44 and a 200-day moving average of $27.73. NuStar GP Holdings has a 52 week low of $22.30 and a 52 week high of $31.50. The stock has a market capitalization of $1.13 billion, a P/E ratio of 20.47 and a beta of 1.12.
NuStar GP Holdings (NYSE:NSH) last released its quarterly earnings results on Monday, April 24th. The pipeline company reported $0.39 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.39. NuStar GP Holdings had a return on equity of 20.86% and a net margin of 98.17%. The business had revenue of $18.11 million for the quarter, compared to the consensus estimate of $17.83 million. On average, equities analysts expect that NuStar GP Holdings will post $1.54 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 16th. Stockholders of record on Monday, May 8th will be issued a $0.545 dividend. The ex-dividend date is Thursday, May 4th. This represents a $2.18 annualized dividend and a dividend yield of 8.27%. NuStar GP Holdings’s dividend payout ratio is currently 170.31%.
NSH has been the subject of several analyst reports. Citigroup Inc cut NuStar GP Holdings from a “buy” rating to a “neutral” rating and set a $31.00 price objective for the company. in a report on Friday, February 3rd. Zacks Investment Research raised NuStar GP Holdings from a “sell” rating to a “hold” rating in a report on Thursday, February 2nd. Barclays PLC reaffirmed a “hold” rating on shares of NuStar GP Holdings in a report on Friday, April 14th. Wells Fargo & Co raised NuStar GP Holdings from a “market perform” rating to an “outperform” rating in a report on Friday, April 21st. Finally, Credit Suisse Group AG lifted their price objective on NuStar GP Holdings from $27.00 to $28.00 and gave the company an “underperform” rating in a report on Tuesday, April 18th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $28.33.
In other NuStar GP Holdings news, Director William E. Greehey bought 40,000 shares of the business’s stock in a transaction that occurred on Friday, February 17th. The shares were bought at an average cost of $30.06 per share, with a total value of $1,202,400.00. Following the completion of the purchase, the director now directly owns 8,638,826 shares of the company’s stock, valued at $259,683,109.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 20.99% of the stock is currently owned by insiders.
NuStar GP Holdings 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.