Axel Capital Management Increased By $8.30 Million Its Albemarle (ALB) Holding; Nustar Energy LP (NS) Sentiment Is 1.59

October 12, 2017 - By Ellis Scott

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 has market cap of $3.53 billion. The Company’s divisions include pipeline, storage and fuels marketing. It has a 52.81 P/E ratio. The pipeline segment consists of the transportation of refined petroleum products, crude oil and anhydrous ammonia.

Axel Capital Management Llc increased Albemarle Corp (ALB) stake by 179.84% reported in 2017Q2 SEC filing. Axel Capital Management Llc acquired 79,000 shares as Albemarle Corp (ALB)’s stock rose 20.02%. The Axel Capital Management Llc holds 122,928 shares with $12.97M value, up from 43,928 last quarter. Albemarle Corp now has $15.19B valuation. The stock decreased 0.09% or $0.12 during the last trading session, reaching $137.3. About 930,121 shares traded. Albemarle Corporation (NYSE:ALB) has risen 45.60% since October 12, 2016 and is uptrending. It has outperformed by 28.90% the S&P500.




Since January 1, 0001, it had 1 buy, and 0 selling transactions for $231,992 activity.

Analysts await NuStar Energy L.P. (NYSE:NS) to report earnings on November, 1. They expect $0.31 earnings per share, down 36.73% or $0.18 from last year’s $0.49 per share. NS’s profit will be $28.71M for 30.73 P/E if the $0.31 EPS becomes a reality. After $0.05 actual earnings per share reported by NuStar Energy L.P. for the previous quarter, Wall Street now forecasts 520.00% EPS growth.

The stock decreased 3.54% or $1.4 on October 12, reaching $38.11. About 600,445 shares traded or 146.13% up from the average. NuStar Energy L.P. (NS) has declined 5.14% since October 12, 2016 and is downtrending. It has underperformed by 21.84% the S&P500.

Center Coast Capital Advisors Lp holds 4.92% of its portfolio in NuStar Energy L.P. for 4.15 million shares. Harvest Fund Advisors Llc owns 4.77 million shares or 2.29% of their US portfolio. Moreover, Cushing Asset Management Lp has 2.01% invested in the company for 1.29 million shares. The Colorado-based Alps Advisors Inc has invested 1.88% in the stock. Travelers Companies Inc., a Minnesota-based fund reported 107,100 shares.

Among 19 analysts covering Albemarle Corporation (NYSE:ALB), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Albemarle Corporation had 49 analyst reports since August 7, 2015 according to SRatingsIntel. JP Morgan maintained it with “Neutral” rating and $52 target in Tuesday, February 23 report. The firm has “Buy” rating by Deutsche Bank given on Wednesday, September 16. Jefferies maintained the stock with “Buy” rating in Wednesday, April 5 report. The firm has “Neutral” rating by Robert W. Baird given on Monday, September 25. The firm has “Buy” rating by RBC Capital Markets given on Thursday, July 13. The rating was maintained by Deutsche Bank on Thursday, May 12 with “Buy”. The rating was maintained by KeyBanc Capital Markets on Friday, September 1 with “Buy”. The firm has “Buy” rating by Suntrust Robinson given on Thursday, May 12. The stock of Albemarle Corporation (NYSE:ALB) earned “Buy” rating by Jefferies on Monday, July 17. As per Monday, November 2, the company rating was upgraded by Citigroup.

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