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Nustar Energy LP (NS) Shares Declined While Tortoise Capital Advisors Lifted by $3.36 Million Its Position; Piermont Capital Management Maintains Stake in Newpark Resources (NR)

Tortoise Capital Advisors Llc increased its stake in Nustar Energy Lp (NS) by 1.95% based on its latest 2017Q3 regulatory filing with the SEC. Tortoise Capital Advisors Llc bought 84,082 shares as the company’s stock declined 13.13% while stock markets rallied. The hedge fund held 4.40M shares of the natural gas distribution company at the end of 2017Q3, valued at $178.41M, up from 4.31M at the end of the previous reported quarter. Tortoise Capital Advisors Llc who had been investing in Nustar Energy Lp for a number of months, seems to be bullish on the $3.10B market cap company. The stock decreased 0.98% or $0.33 during the last trading session, reaching $33.35. About 466,435 shares traded. NuStar Energy L.P. (NYSE:NS) has declined 5.14% since January 31, 2017 and is downtrending. It has underperformed by 21.84% the S&P500.

Piermont Capital Management Llc increased its stake in Newpark Resources Inc. (NR) by 101.33% based on its latest 2017Q3 regulatory filing with the SEC. Piermont Capital Management Llc bought 119,050 shares as the company’s stock rose 6.67% with the market. The institutional investor held 236,537 shares of the energy company at the end of 2017Q3, valued at $2.37 million, up from 117,487 at the end of the previous reported quarter. Piermont Capital Management Llc who had been investing in Newpark Resources Inc. for a number of months, seems to be bullish on the $807.59 million market cap company. The stock decreased 1.09% or $0.1 during the last trading session, reaching $9.05. About 277,295 shares traded. Newpark Resources, Inc. (NYSE:NR) has risen 85.19% since January 31, 2017 and is uptrending. It has outperformed by 68.49% the S&P500.

Since August 7, 2017, it had 3 insider purchases, and 0 insider sales for $4.03 million activity.

Among 15 analysts covering Nustar Energy LP (NYSE:NS), 4 have Buy rating, 0 Sell and 11 Hold. Therefore 27% are positive. Nustar Energy LP has $64 highest and $31 lowest target. $40.67’s average target is 21.95% above currents $33.35 stock price. Nustar Energy LP had 40 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Hold” rating by Wells Fargo given on Thursday, November 9. Stifel Nicolaus downgraded the shares of NS in report on Wednesday, November 4 to “Hold” rating. Credit Suisse downgraded NuStar Energy L.P. (NYSE:NS) on Thursday, November 3 to “Underperform” rating. The firm earned “Equal-Weight” rating on Thursday, February 25 by Morgan Stanley. Mizuho initiated the shares of NS in report on Friday, September 30 with “Neutral” rating. The firm has “Hold” rating given on Thursday, January 4 by U.S. Capital Advisors. The stock has “Neutral” rating by Citigroup on Friday, February 3. As per Tuesday, November 8, the company rating was upgraded by Piper Jaffray. The company was maintained on Thursday, June 29 by Stifel Nicolaus. Stifel Nicolaus maintained NuStar Energy L.P. (NYSE:NS) rating on Wednesday, November 8. Stifel Nicolaus has “Hold” rating and $35 target.

Tortoise Capital Advisors Llc, which manages about $15.07B and $15.29B US Long portfolio, decreased its stake in Transcanada Corp (NYSE:TRP) by 44,651 shares to 5.28M shares, valued at $260.92 million in 2017Q3, according to the filing. It also reduced its holding in Eqt Midstream Partners Lp (NYSE:EQM) by 297,786 shares in the quarter, leaving it with 8.72M shares, and cut its stake in Rice Energy Inc (NYSE:RICE).

Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.54, from 1.59 in 2017Q2. It worsened, as 19 investors sold NS shares while 42 reduced holdings. 17 funds opened positions while 47 raised stakes. 51.31 million shares or 1.37% more from 50.62 million shares in 2017Q2 were reported. Cambridge Invest Inc owns 0% invested in NuStar Energy L.P. (NYSE:NS) for 6,576 shares. Orrstown stated it has 173 shares or 0.01% of all its holdings. Ftb Advisors holds 291 shares. Citadel Advisors Limited Liability Corporation reported 24,731 shares. Financial Bank Of Montreal Can accumulated 1.13M shares or 0.04% of the stock. Kistler reported 175 shares. Center Coast Capital Advisors LP accumulated 4.69% or 4.66M shares. Susquehanna Gru Llp has invested 0% in NuStar Energy L.P. (NYSE:NS). Alps Advsrs stated it has 6.42M shares. Duff And Phelps Inv Mgmt invested in 0.16% or 280,000 shares. The New York-based Virtu Fincl Ltd Limited Liability Company has invested 0.1% in NuStar Energy L.P. (NYSE:NS). Mckinley Limited Liability Company Delaware reported 17,899 shares stake. Lpl Fincl Limited Liability owns 19,790 shares for 0% of their portfolio. Boys Arnold reported 0.16% of its portfolio in NuStar Energy L.P. (NYSE:NS). Keybank Association Oh invested 0% of its portfolio in NuStar Energy L.P. (NYSE:NS).

Among 6 analysts covering Newpark Resources (NYSE:NR), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Newpark Resources has $10.0 highest and $1 lowest target. $6’s average target is -33.70% below currents $9.05 stock price. Newpark Resources had 13 analyst reports since September 4, 2015 according to SRatingsIntel. The stock has “Hold” rating by Cowen & Co on Friday, October 6. The company was maintained on Thursday, January 11 by Cowen & Co. Tudor Pickering upgraded Newpark Resources, Inc. (NYSE:NR) on Monday, May 2 to “Buy” rating. Credit Suisse maintained the shares of NR in report on Friday, September 4 with “Neutral” rating. Cowen & Co maintained Newpark Resources, Inc. (NYSE:NR) on Tuesday, February 16 with “Outperform” rating. Capital One upgraded the shares of NR in report on Wednesday, June 15 to “Overweight” rating. The firm earned “Hold” rating on Friday, July 7 by Cowen & Co. SunTrust upgraded Newpark Resources, Inc. (NYSE:NR) on Thursday, November 2 to “Buy” rating. Credit Suisse reinitiated Newpark Resources, Inc. (NYSE:NR) on Monday, July 18 with “Outperform” rating. The firm has “Buy” rating given on Thursday, January 5 by Loop Capital.

Piermont Capital Management Llc, which manages about $208.82 million and $302.02M US Long portfolio, decreased its stake in Eastman Chemical Company (NYSE:EMN) by 3,800 shares to 5,890 shares, valued at $533,000 in 2017Q3, according to the filing. It also reduced its holding in Genesee & Wyoming Inc. Class (NYSE:GWR) by 8,510 shares in the quarter, leaving it with 9,480 shares, and cut its stake in Rambus Inc. (NASDAQ:RMBS).

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.17, from 1.14 in 2017Q2. It turned negative, as 18 investors sold NR shares while 57 reduced holdings. 28 funds opened positions while 45 raised stakes. 87.91 million shares or 0.11% more from 87.81 million shares in 2017Q2 were reported. Advisory Serv Lc accumulated 1,200 shares or 0% of the stock. State Of Alaska Department Of Revenue has invested 0.01% in Newpark Resources, Inc. (NYSE:NR). Moreover, State Street has 0% invested in Newpark Resources, Inc. (NYSE:NR). One Association holds 0.04% in Newpark Resources, Inc. (NYSE:NR) or 52,801 shares. Ubs Asset Mgmt Americas holds 33,923 shares or 0% of its portfolio. Brandywine Global Investment Mngmt Ltd invested in 0.02% or 238,220 shares. Oslo Asset Management As has 12.94% invested in Newpark Resources, Inc. (NYSE:NR) for 3.14M shares. Chicago Equity Ptnrs Ltd Liability Corp has invested 0.07% in Newpark Resources, Inc. (NYSE:NR). Kbc Grp Nv accumulated 170,307 shares. Pnc Fincl Serv Incorporated stated it has 4,259 shares or 0% of all its holdings. Pinebridge Invs Limited Partnership accumulated 112,922 shares. Perritt Mgmt owns 43,900 shares for 0.12% of their portfolio. Asset Management stated it has 11,704 shares or 0% of all its holdings. Bankshares Of Montreal Can holds 0% or 191,976 shares. Van Eck, New York-based fund reported 62,525 shares.

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