NuStar GP Holdings (NSH) Hit By Wells Fargo Downgrade. Has $26.0000 Target, Nam Tai Property (NTP) Shorts Lowered By 8.5%

July 17, 2017 - By Vivian Park

Among 8 analysts covering Nustar GP Holdings (NYSE:NSH), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. Nustar GP Holdings has $34 highest and $18 lowest target. $24.83’s average target is -0.48% below currents $24.95 stock price. Nustar GP Holdings had 13 analyst reports since September 11, 2015 according to SRatingsIntel. As per Friday, September 30, the company rating was initiated by Mizuho. Citigroup downgraded the shares of NSH in report on Friday, February 3 to “Neutral” rating. As per Friday, August 12, the company rating was upgraded by Citigroup. Morgan Stanley initiated NuStar GP Holdings, LLC (NYSE:NSH) on Thursday, February 25 with “Equal-Weight” rating. The rating was initiated by Macquarie Research on Friday, April 21 with “Neutral”. Barclays Capital initiated NuStar GP Holdings, LLC (NYSE:NSH) rating on Wednesday, November 25. Barclays Capital has “Equal-Weight” rating and $28 target. The firm has “Outperform” rating by Wells Fargo given on Friday, April 21. The firm has “Underperform” rating given on Thursday, November 3 by Credit Suisse.

Nam Tai Property Incorporated (NYSE:NTP) had a decrease of 8.5% in short interest. NTP’s SI was 128,100 shares in July as released by FINRA. Its down 8.5% from 140,000 shares previously. With 50,100 avg volume, 3 days are for Nam Tai Property Incorporated (NYSE:NTP)’s short sellers to cover NTP’s short positions. The SI to Nam Tai Property Incorporated’s float is 0.55%. It closed at $10 lastly. It is down 36.82% since July 17, 2016 and is uptrending. It has outperformed by 20.12% the S&P500.

Since February 16, 2017, it had 1 insider purchase, and 0 selling transactions for $1.20 million activity. 40,000 NuStar GP Holdings, LLC (NYSE:NSH) shares with value of $1.20 million were bought by GREEHEY WILLIAM E.

It closed at $24.95 lastly. It is down 4.83% since July 17, 2016 and is uptrending. It has underperformed by 11.87% the S&P500.

NuStar GP Holdings, LLC holds interests in NuStar Energy L.P. . The company has market cap of $1.11 billion. 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. It has a 19.34 P/E ratio. NuStar Energy has terminal and storage facilities in the United States, Canada, Mexico, the Netherlands, including St.

Investors sentiment decreased to 0.71 in 2016 Q4. Its down 0.26, from 0.97 in 2016Q3. It dropped, as 8 investors sold NuStar GP Holdings, LLC shares while 26 reduced holdings. 8 funds opened positions while 16 raised stakes. 22.92 million shares or 0.69% less from 23.08 million shares in 2016Q3 were reported. Wells Fargo Com Mn invested 0% of its portfolio in NuStar GP Holdings, LLC (NYSE:NSH). Allianz Asset Management Ag holds 0.03% or 1.13M shares in its portfolio. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys invested 0.18% in NuStar GP Holdings, LLC (NYSE:NSH). Eagle Glob Ltd Liability Company holds 0.45% of its portfolio in NuStar GP Holdings, LLC (NYSE:NSH) for 564,953 shares. Morgan Stanley accumulated 1.37M shares. Plante Moran Finance Advsrs Lc holds 0.02% or 851 shares. Millennium Limited Liability has invested 0% in NuStar GP Holdings, LLC (NYSE:NSH). Salem Counselors reported 0.01% in NuStar GP Holdings, LLC (NYSE:NSH). Texas Yale Corporation has 0.34% invested in NuStar GP Holdings, LLC (NYSE:NSH) for 122,700 shares. Royal Natl Bank Of Canada, a Ontario – Canada-based fund reported 229,693 shares. Citigroup Inc has 0% invested in NuStar GP Holdings, LLC (NYSE:NSH) for 72,535 shares. X Mgmt Com Llc invested 0.02% of its portfolio in NuStar GP Holdings, LLC (NYSE:NSH). Goldman Sachs Grp Incorporated invested in 0.01% or 1.01 million shares. Da Davidson & Communications reported 0% stake. Cannell Peter B & Co reported 7,300 shares.

Analysts await NuStar GP Holdings, LLC (NYSE:NSH) to report earnings on July, 28 before the open. They expect $0.37 EPS, up 5.71% or $0.02 from last year’s $0.35 per share. NSH’s profit will be $16.46 million for 16.86 P/E if the $0.37 EPS becomes a reality. After $0.39 actual EPS reported by NuStar GP Holdings, LLC for the previous quarter, Wall Street now forecasts -5.13% negative EPS growth.

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