Shares of NuStar GP Holdings, LLC (NYSE:NSH) shot up 4.4% on Friday . The company traded as high as $23.72 and last traded at $23.60, with a volume of 95,453 shares. The stock had previously closed at $22.60.

A number of research firms have weighed in on NSH. Zacks Investment Research upgraded NuStar GP Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, April 5th. Barclays PLC upped their target price on NuStar GP Holdings from $22.00 to $26.00 and gave the stock an “equal weight” rating in a report on Thursday, April 28th. Five research analysts have rated the stock with a hold rating, NuStar GP Holdings has an average rating of “Hold” and an average target price of $28.60.

The firm has a market capitalization of $1.01 billion and a PE ratio of 16.32. The company’s 50 day moving average is $24.59 and its 200 day moving average is $21.61.

In related news, Director William E. Greehey bought 15,757 shares of the company’s stock in a transaction that occurred on Thursday, May 5th. The stock was purchased at an average price of $25.21 per share, for a total transaction of $397,233.97. Following the acquisition, the director now owns 8,569,215 shares of the company’s stock, valued at $216,029,910.15. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director William E. Greehey bought 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 29th. The stock was bought at an average price of $25.15 per share, with a total value of $1,006,000.00. Following the acquisition, the director now directly owns 8,569,215 shares in the company, valued at approximately $215,515,757.25. The disclosure for this purchase can be found here.

A hedge fund recently raised its stake in NuStar GP Holdings stock. Atlantic Trust Group LLC increased its stake in shares of NuStar GP Holdings, LLC (NYSE:NSH) by 68.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 919,330 shares of the company’s stock after buying an additional 374,874 shares during the period. Atlantic Trust Group LLC owned 2.14% of NuStar GP Holdings worth $19,444,000 at the end of the most recent quarter.

NuStar GP Holdings, LLC is a limited liability company. The Company has ownership interests in NuStar Energy L.P. (NuStar Energy), which is engaged in the transportation of petroleum products and anhydrous ammonia, the terminalling and storage of petroleum products and the marketing of petroleum products.

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