Stifel Nicolaus set a $26.00 target price on NuStar Energy (NYSE:NS) in a report issued on Friday. The brokerage currently has a hold rating on the pipeline company’s stock.

A number of other brokerages have also recently commented on NS. UBS Group reduced their target price on shares of NuStar Energy from $50.00 to $43.00 and set a buy rating for the company in a report on Tuesday, October 17th. Mizuho reaffirmed a hold rating and issued a $47.00 target price on shares of NuStar Energy in a report on Friday, October 20th. Zacks Investment Research raised shares of NuStar Energy from a hold rating to a buy rating and set a $40.00 target price for the company in a report on Tuesday, January 23rd. ValuEngine cut shares of NuStar Energy from a hold rating to a sell rating in a report on Friday, February 2nd. Finally, Citigroup cut shares of NuStar Energy from a buy rating to a neutral rating and set a $33.00 target price for the company. in a report on Friday, February 2nd. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of $35.44.

Shares of NuStar Energy (NS) traded down $1.01 on Friday, reaching $24.29. 2,841,601 shares of the company were exchanged, compared to its average volume of 638,067. NuStar Energy has a 52-week low of $22.79 and a 52-week high of $54.90. The stock has a market capitalization of $2,353.73, a PE ratio of 35.20 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 (NYSE:NS) last announced its quarterly earnings results on Thursday, February 8th. The pipeline company reported $0.00 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.17). NuStar Energy had a net margin of 8.16% and a return on equity of 8.72%. The company had revenue of $450.50 million during the quarter, compared to analysts’ expectations of $435.46 million. During the same period last year, the firm earned $0.31 earnings per share. NuStar Energy’s revenue was down 4.5% on a year-over-year basis. analysts anticipate that NuStar Energy will post 1.33 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 13th. Stockholders of record on Thursday, February 8th will be paid 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 dividend yield of 18.03%. NuStar Energy’s dividend payout ratio (DPR) is 634.79%.

Several institutional investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company increased its stake in shares of NuStar Energy by 7.3% during the second quarter. The Manufacturers Life Insurance Company now owns 2,406 shares of the pipeline company’s stock worth $112,000 after acquiring an additional 163 shares during the period. HighTower Advisors LLC increased its stake in shares of NuStar Energy by 6.1% during the second quarter. HighTower Advisors LLC now owns 4,893 shares of the pipeline company’s stock worth $227,000 after acquiring an additional 282 shares during the period. WFG Advisors LP increased its stake in shares of NuStar Energy by 28.5% during the second quarter. WFG Advisors LP now owns 5,621 shares of the pipeline company’s stock worth $262,000 after acquiring an additional 1,245 shares during the period. California Public Employees Retirement System increased its stake in shares of NuStar Energy by 1.0% during the second quarter. California Public Employees Retirement System now owns 146,600 shares of the pipeline company’s stock worth $6,836,000 after acquiring an additional 1,500 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of NuStar Energy by 1.0% during the third quarter. Wells Fargo & Company MN now owns 172,370 shares of the pipeline company’s stock worth $6,997,000 after acquiring an additional 1,679 shares during the period. Institutional investors and hedge funds own 57.62% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This news story was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this news story on another website, it was stolen and republished in violation of US and international copyright and trademark legislation. The legal version of this news story can be accessed at https://www.dailypolitical.com/2018/02/10/nustar-energy-ns-pt-set-at-26-00-by-stifel-nicolaus.html.

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)

Receive News & Ratings for NuStar Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NuStar Energy and related companies with MarketBeat.com's FREE daily email newsletter.