Brookfield Asset Management Cut Its Nustar Gp Holdings (NSH) Holding; Shorts at Veritiv (VRTV) Lowered By 8.35%

December 6, 2017 - By Dolores Ford

Brookfield Asset Management Inc decreased Nustar Gp Holdings Llc (NSH) stake by 25.61% reported in 2017Q2 SEC filing. Brookfield Asset Management Inc sold 17,800 shares as Nustar Gp Holdings Llc (NSH)’s stock declined 12.50%. The Brookfield Asset Management Inc holds 51,700 shares with $1.26 million value, down from 69,500 last quarter. Nustar Gp Holdings Llc now has $597.03M valuation. The stock decreased 0.71% or $0.1 during the last trading session, reaching $13.9. About 23,154 shares traded. NuStar GP Holdings, LLC (NYSE:NSH) has risen 4.83% since December 6, 2016 and is uptrending. It has underperformed by 11.87% the S&P500.

Veritiv Corporation (NYSE:VRTV) had a decrease of 8.35% in short interest. VRTV’s SI was 321,800 shares in December as released by FINRA. Its down 8.35% from 351,100 shares previously. With 55,800 avg volume, 6 days are for Veritiv Corporation (NYSE:VRTV)’s short sellers to cover VRTV’s short positions. The stock increased 0.25% or $0.0687 during the last trading session, reaching $27.2187. About 1,196 shares traded. Veritiv Corporation (NYSE:VRTV) has risen 28.48% since December 6, 2016 and is uptrending. It has outperformed by 11.78% the S&P500.

Investors sentiment decreased to 0.83 in 2017 Q2. Its down 0.21, from 1.04 in 2017Q1. It fall, as 9 investors sold NSH shares while 21 reduced holdings. 8 funds opened positions while 17 raised stakes. 22.64 million shares or 2.54% less from 23.23 million shares in 2017Q1 were reported. Glenmede Co Na stated it has 0.01% in NuStar GP Holdings, LLC (NYSE:NSH). Jpmorgan Chase reported 83,613 shares or 0% of all its holdings. Moreover, Gsa Capital Prns Limited Liability Partnership has 0.07% invested in NuStar GP Holdings, LLC (NYSE:NSH) for 43,220 shares. Texas-based Cullen Frost Bankers Inc has invested 0.01% in NuStar GP Holdings, LLC (NYSE:NSH). Pnc Finance Gru Incorporated reported 3,200 shares. Advsrs Capital Mngmt Ltd Liability Corp has 58,099 shares for 0.12% of their portfolio. M&T Bancshares Corp, New York-based fund reported 8,284 shares. Moreover, Harvest Fund Lc has 0.41% invested in NuStar GP Holdings, LLC (NYSE:NSH) for 1.64M shares. Riverpoint Mgmt Ltd Liability Co has 0.02% invested in NuStar GP Holdings, LLC (NYSE:NSH) for 10,100 shares. X Mngmt Limited Liability invested in 11,336 shares. Grp One Trading LP reported 0% of its portfolio in NuStar GP Holdings, LLC (NYSE:NSH). Creative Planning reported 0% stake. Fiduciary Serv Of The Southwest Tx reported 8,825 shares or 0.07% of all its holdings. Moreover, Barclays Public Ltd Co has 0% invested in NuStar GP Holdings, LLC (NYSE:NSH) for 16,867 shares. Hsbc Hldgs Pcl owns 119,563 shares.

Among 9 analysts covering Nustar GP Holdings (NYSE:NSH), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Nustar GP Holdings had 18 analyst reports since September 11, 2015 according to SRatingsIntel. The stock of NuStar GP Holdings, LLC (NYSE:NSH) earned “Buy” rating by Citigroup on Tuesday, December 5. The firm has “Equal-Weight” rating given on Wednesday, November 8 by Barclays Capital. Macquarie Research initiated NuStar GP Holdings, LLC (NYSE:NSH) on Friday, April 21 with “Neutral” rating. Credit Suisse downgraded the shares of NSH in report on Thursday, November 3 to “Underperform” rating. The firm earned “Buy” rating on Tuesday, October 10 by Citigroup. The stock of NuStar GP Holdings, LLC (NYSE:NSH) has “Buy” rating given on Wednesday, October 18 by UBS. The stock has “Equal-Weight” rating by Barclays Capital on Wednesday, November 25. The rating was upgraded by Wells Fargo to “Outperform” on Friday, April 21. The rating was initiated by Morgan Stanley with “Equal-Weight” on Thursday, February 25. The stock has “Hold” rating by Wells Fargo on Monday, July 17.

Brookfield Asset Management Inc increased Hersha Hospitality Tr stake by 357,835 shares to 3.37 million valued at $62.41M in 2017Q2. It also upped Sba Communications Corp New stake by 323,300 shares and now owns 1.19 million shares. Cheniere Energy Inc (NYSEMKT:LNG) was raised too.

Analysts await NuStar GP Holdings, LLC (NYSE:NSH) to report earnings on January, 30. They expect $0.29 earnings per share, up 107.14% or $0.15 from last year’s $0.14 per share. NSH’s profit will be $12.46M for 11.98 P/E if the $0.29 EPS becomes a reality. After $0.26 actual earnings per share reported by NuStar GP Holdings, LLC for the previous quarter, Wall Street now forecasts 11.54% EPS growth.

Veritiv Corporation operates as a business-to-business distributor of print, publishing, packaging, and facility solutions in the United States, Mexico, and Canada. The company has market cap of $427.34 million. It operates through four divisions: Print, Publishing & Print Management , Packaging, and Facility Solutions. It currently has negative earnings. The Print segment sells and distributes commercial printing, writing, copying, digital, wide format, and specialty paper products; and graphics consumables and equipment.

Among 6 analysts covering Veritiv Corp (NYSE:VRTV), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Veritiv Corp had 14 analyst reports since November 18, 2015 according to SRatingsIntel. The firm earned “Market Perform” rating on Wednesday, November 8 by Wells Fargo. The stock has “Underweight” rating by Barclays Capital on Monday, August 7. The firm earned “Underweight” rating on Friday, January 8 by Barclays Capital. The firm has “Market Perform” rating given on Wednesday, March 15 by Wells Fargo. Bank of America upgraded the stock to “Buy” rating in Tuesday, November 21 report. William Blair downgraded the stock to “Market Perform” rating in Thursday, August 3 report. On Friday, November 10 the stock rating was maintained by Barclays Capital with “Underweight”. The rating was downgraded by Bank of America to “Hold” on Thursday, August 3. The firm has “Outperform” rating by Wells Fargo given on Thursday, May 18. The stock of Veritiv Corporation (NYSE:VRTV) earned “Neutral” rating by Bank of America on Wednesday, November 8.

Investors sentiment decreased to 1.1 in Q2 2017. Its down 0.90, from 2 in 2017Q1. It dropped, as 34 investors sold Veritiv Corporation shares while 37 reduced holdings. 21 funds opened positions while 57 raised stakes. 14.48 million shares or 3.70% more from 13.97 million shares in 2017Q1 were reported. Gsa Capital Prtn Ltd Liability Partnership invested in 0.06% or 21,291 shares. Rhumbline Advisers owns 23,067 shares. State Board Of Administration Of Florida Retirement System owns 5,631 shares for 0% of their portfolio. Public Employees Retirement Of Ohio owns 879 shares or 0% of their US portfolio. Creative Planning has invested 0% in Veritiv Corporation (NYSE:VRTV). Nordea Invest Ab holds 46,000 shares or 0.01% of its portfolio. 20,375 are owned by California State Teachers Retirement System. Ameritas Invest Prtn has 1,008 shares. Vantage Investment holds 1 shares or 0% of its portfolio. Baupost Ltd Liability Corp Ma invested 1.57% of its portfolio in Veritiv Corporation (NYSE:VRTV). Barclays Pcl invested in 0% or 2,353 shares. Meeder Asset stated it has 0% of its portfolio in Veritiv Corporation (NYSE:VRTV). Louisiana State Employees Retirement Sys owns 4,600 shares. First Trust Advsrs Limited Partnership has 23,908 shares for 0% of their portfolio. Geode Cap Ltd Liability Corporation accumulated 89,751 shares.

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