BP Capital Fund Advisors LLC held its position in shares of Nustar GP Holdings, LLC (NYSE:NSH) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,186 shares of the pipeline company’s stock at the close of the second quarter. BP Capital Fund Advisors LLC owned about 0.13% of Nustar GP Holdings worth $1,325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Nustar GP Holdings by 4.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 418,175 shares of the pipeline company’s stock worth $10,224,000 after acquiring an additional 17,397 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its position in shares of Nustar GP Holdings by 2.6% in 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 acquiring an additional 1,450 shares in the last quarter. Alps Advisors Inc. raised its position in shares of Nustar GP Holdings by 2.7% in the 2nd quarter. Alps Advisors Inc. now owns 13,451 shares of the pipeline company’s stock worth $329,000 after acquiring an additional 359 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Nustar GP Holdings by 42.2% in the 1st quarter. JPMorgan Chase & Co. now owns 86,873 shares of the pipeline company’s stock worth $2,428,000 after acquiring an additional 25,788 shares in the last quarter. Finally, Global X Management Co. LLC raised its position in shares of Nustar GP Holdings by 4.3% in the 1st quarter. Global X Management Co. LLC now owns 12,614 shares of the pipeline company’s stock worth $353,000 after acquiring an additional 520 shares in the last quarter. 55.59% of the stock is owned by hedge funds and other institutional investors.

In other Nustar GP Holdings news, Director William E. Greehey purchased 6,423 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were acquired at an average cost of $22.01 per share, for a total transaction of $141,370.23. Following the completion of the transaction, the director now owns 8,646,280 shares of the company’s stock, valued at $190,304,622.80. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director William E. Greehey purchased 41,235 shares of the firm’s stock in a transaction on Thursday, August 31st. The stock was acquired at an average price of $21.09 per share, for a total transaction of $869,646.15. Following the completion of the transaction, the director now directly owns 8,762,396 shares of the company’s stock, valued at approximately $184,798,931.64. The disclosure for this purchase can be found here. Insiders acquired 173,086 shares of company stock worth $3,715,871 over the last quarter. Insiders own 21.39% of the company’s stock.

NSH has been the subject of several research analyst reports. BidaskClub raised Nustar GP Holdings from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Credit Suisse Group set a $28.00 target price on Nustar GP Holdings and gave the company a “hold” rating in a research note on Sunday, July 30th. Zacks Investment Research downgraded Nustar GP Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, May 30th. Wells Fargo & Company downgraded 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 equities research analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $28.33.

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Shares of Nustar GP Holdings, LLC (NSH) traded down 1.10% during midday trading on Friday, reaching $21.61. 2,079 shares of the company’s stock were exchanged. The stock has a market cap of $928.17 million, a price-to-earnings ratio of 10.14 and a beta of 1.19. Nustar GP Holdings, LLC has a one year low of $20.04 and a one year high of $31.50. The firm has a 50 day moving average of $21.56 and a 200-day moving average of $24.88.

Nustar GP Holdings (NYSE:NSH) last issued its earnings results on Friday, July 28th. The pipeline company reported $0.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.21. Nustar GP Holdings had a net margin of 176.62% and a return on equity of 25.68%. The company had revenue of $10.96 million for the quarter, compared to analysts’ expectations of $16.22 million. On average, equities research analysts anticipate that Nustar GP Holdings, LLC will post $2.27 earnings per share for the current year.

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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