Barclays Reconfirms NuStar GP Holdings (NSH) As “Equal-Weight”; Has Price Target Of $12; Forbes J M & Co Llp Has Cut Adobe Sys (ADBE) Holding By $2.53 Million

April 17, 2018 - By reb123z

Adobe Systems Incorporated (NASDAQ:ADBE) Logo

New York: In a note revealed to investors and clients on 17 April, Barclays restate their “Equal-Weight” rating on shares of NuStar GP Holdings (NYSE:NSH). They currently have a $12 PT on the firm. Barclays’s target suggests a potential downside of -1.23% from the company’s current stock price.

Forbes J M & Co Llp decreased Adobe Sys Inc (ADBE) stake by 17.93% reported in 2017Q4 SEC filing. Forbes J M & Co Llp sold 14,461 shares as Adobe Sys Inc (ADBE)’s stock rose 22.17%. The Forbes J M & Co Llp holds 66,180 shares with $11.60M value, down from 80,641 last quarter. Adobe Sys Inc now has $113.27B valuation. The stock increased 1.53% or $3.475 during the last trading session, reaching $229.995. About 1.68M shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 66.71% since April 17, 2017 and is uptrending. It has outperformed by 55.16% the S&P500.

NuStar GP Holdings, LLC, through its ownership interests in NuStar Energy L.P., engages in the transportation of petroleum products and anhydrous ammonia. The company has market cap of $521.88 million. The firm is also involved in the terminalling, storage, and marketing of petroleum products. It has a 6.01 P/E ratio. It has terminal and storage facilities in the United States, Canada, Mexico, and the United Kingdom, as well as the Netherlands, including St.

Investors sentiment increased to 1.07 in Q4 2017. Its up 0.28, from 0.79 in 2017Q3. It increased, as 11 investors sold NuStar GP Holdings, LLC shares while 16 reduced holdings. 13 funds opened positions while 16 raised stakes. 22.37 million shares or 0.95% less from 22.58 million shares in 2017Q3 were reported. 67,110 were reported by Citigroup. Glenmede Tru Co Na holds 0% or 30,888 shares in its portfolio. Center Coast Lp accumulated 1% or 2.37 million shares. Virtu Fincl has 0.02% invested in NuStar GP Holdings, LLC (NYSE:NSH). Susquehanna Intll Gp Llp reported 0% of its portfolio in NuStar GP Holdings, LLC (NYSE:NSH). Advisory Limited Liability invested in 660 shares. Texas Yale Cap reported 0.08% stake. Eagle Glob Ltd Limited Liability Company invested in 0.27% or 545,688 shares. Citadel Advsr Ltd Liability Corporation stated it has 48,532 shares. California Employees Retirement System invested in 0% or 56,468 shares. Peak Asset Mgmt Ltd Limited Liability Company has 0.06% invested in NuStar GP Holdings, LLC (NYSE:NSH) for 10,800 shares. Toronto Dominion Bank has 0% invested in NuStar GP Holdings, LLC (NYSE:NSH) for 22 shares. Brookfield Asset Mngmt holds 0.08% of its portfolio in NuStar GP Holdings, LLC (NYSE:NSH) for 1.24 million shares. Avenir invested 0.18% of its portfolio in NuStar GP Holdings, LLC (NYSE:NSH). Goldman Sachs Group Inc owns 11,931 shares.

Analysts await NuStar GP Holdings, LLC (NYSE:NSH) to report earnings on April, 26 before the open. They expect $0.27 EPS, down 30.77% or $0.12 from last year’s $0.39 per share. NSH’s profit will be $11.60 million for 11.25 P/E if the $0.27 EPS becomes a reality. After $0.17 actual EPS reported by NuStar GP Holdings, LLC for the previous quarter, Wall Street now forecasts 58.82% EPS growth.

The stock increased 0.83% or $0.1 during the last trading session, reaching $12.15. About 95,718 shares traded. NuStar GP Holdings, LLC (NYSE:NSH) has declined 58.49% since April 17, 2017 and is downtrending. It has underperformed by 70.04% the S&P500.

Among 11 analysts covering Nustar GP Holdings (NYSE:NSH), 2 have Buy rating, 0 Sell and 9 Hold. Therefore 18% are positive. Nustar GP Holdings has $34 highest and $1300 lowest target. $19.80’s average target is 62.96% above currents $12.15 stock price. Nustar GP Holdings had 24 analyst reports since September 11, 2015 according to SRatingsIntel. The stock of NuStar GP Holdings, LLC (NYSE:NSH) has “Buy” rating given on Friday, August 12 by Citigroup. Citigroup downgraded the shares of NSH in report on Friday, February 3 to “Neutral” rating. The firm has “Hold” rating given on Monday, July 17 by Wells Fargo. The stock of NuStar GP Holdings, LLC (NYSE:NSH) has “Hold” rating given on Tuesday, March 20 by FBR Capital. The firm earned “Hold” rating on Friday, February 9 by Mizuho. The company was maintained on Wednesday, October 18 by UBS. The stock has “Neutral” rating by Mizuho on Friday, September 30. Citigroup maintained it with “Buy” rating and $24 target in Tuesday, October 10 report. The firm earned “Equal-Weight” rating on Wednesday, November 25 by Barclays Capital. The firm has “Outperform” rating by Wells Fargo given on Friday, April 21.

Investors sentiment decreased to 0.89 in 2017 Q4. Its down 0.22, from 1.11 in 2017Q3. It dropped, as 47 investors sold ADBE shares while 389 reduced holdings. 107 funds opened positions while 280 raised stakes. 410.42 million shares or 1.09% less from 414.95 million shares in 2017Q3 were reported. 38,619 are owned by Ledyard Commercial Bank. Busey Company stated it has 2,979 shares. Metropolitan Life Ins invested in 97,689 shares. Amica Retiree Medical Trust holds 0.26% or 1,943 shares. Forbes J M & Llp accumulated 66,180 shares. Hanson Mcclain has invested 0% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Macquarie Grp Incorporated has 0.06% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 184,536 shares. Baystate Wealth Mngmt Ltd Liability Co holds 0% or 20 shares in its portfolio. Smithfield Tru Co holds 0.02% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 727 shares. Adage Prns Lc, a Massachusetts-based fund reported 698,328 shares. Exxonmobil Mngmt Tx stated it has 0.38% in Adobe Systems Incorporated (NASDAQ:ADBE). Columbia Prtn L L C Mngmt, a Maryland-based fund reported 23,029 shares. Art Advsr Ltd Co, a New York-based fund reported 64,800 shares. Gabelli Funds holds 143,300 shares. 6,768 were accumulated by Highland Management Ltd Liability Co.

Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on June, 19. They expect $1.25 EPS, up 54.32% or $0.44 from last year’s $0.81 per share. ADBE’s profit will be $615.59 million for 46.00 P/E if the $1.25 EPS becomes a reality. After $1.28 actual EPS reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts -2.34% negative EPS growth.

Among 39 analysts covering Adobe Systems (NASDAQ:ADBE), 28 have Buy rating, 0 Sell and 11 Hold. Therefore 72% are positive. Adobe Systems had 157 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Hold” rating by J.P. Morgan given on Tuesday, December 12. The firm earned “Buy” rating on Wednesday, December 13 by Bank of America. The rating was upgraded by Atlantic Securities on Wednesday, October 14 to “Overweight”. On Friday, March 18 the stock rating was maintained by RBC Capital Markets with “Outperform”. The rating was maintained by Rosenblatt with “Buy” on Wednesday, June 22. As per Wednesday, June 21, the company rating was maintained by Pivotal Research. The company was maintained on Wednesday, January 6 by Credit Suisse. Bank of America maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Tuesday, March 13 with “Buy” rating. Stifel Nicolaus maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Friday, November 10. Stifel Nicolaus has “Buy” rating and $200.0 target. The stock has “Mkt Perform” rating by FBR Capital on Wednesday, October 7.

Since October 20, 2017, it had 1 insider buy, and 16 selling transactions for $84.37 million activity. $3.97 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares were sold by GESCHKE CHARLES M. Shares for $1.18M were sold by WARNOCK JOHN E. Another trade for 50,775 shares valued at $10.16 million was sold by THOMPSON MATTHEW. Banse Amy bought 1,125 shares worth $199,520. 1,953 shares were sold by Lewnes Ann, worth $338,846. The insider DILLON MICHAEL A sold 18,079 shares worth $3.51 million. $10.21 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by GARRETT MARK on Tuesday, February 6.

NuStar GP Holdings, LLC (NYSE:NSH) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.