DHK Financial Advisors Inc. Acquires Shares of 3,942 Natural Resource Partners L.P. (NYSE:NRP)

DHK Financial Advisors Inc. bought a new stake in shares of Natural Resource Partners L.P. (NYSE:NRP - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,942 shares of the energy company's stock, valued at approximately $438,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of NRP. Solidarity Wealth LLC boosted its position in shares of Natural Resource Partners by 97.8% during the 4th quarter. Solidarity Wealth LLC now owns 92,186 shares of the energy company's stock valued at $10,233,000 after acquiring an additional 45,571 shares during the last quarter. ING Groep NV lifted its position in Natural Resource Partners by 20.1% during the third quarter. ING Groep NV now owns 65,310 shares of the energy company's stock valued at $6,387,000 after purchasing an additional 10,910 shares during the last quarter. International Assets Investment Management LLC purchased a new position in Natural Resource Partners in the 3rd quarter worth approximately $5,433,000. Meixler Investment Management Ltd. raised its position in shares of Natural Resource Partners by 22.2% during the 3rd quarter. Meixler Investment Management Ltd. now owns 40,885 shares of the energy company's stock valued at $3,999,000 after buying an additional 7,430 shares in the last quarter. Finally, Horizon Kinetics Asset Management LLC purchased a new position in Natural Resource Partners in the third quarter worth $1,899,000. 31.77% of the stock is currently owned by institutional investors.

Natural Resource Partners Price Performance

NRP traded up $0.51 during trading on Friday, reaching $105.97. The stock had a trading volume of 38,194 shares, compared to its average volume of 29,965. The stock has a market cap of $1.37 billion, a PE ratio of 8.53 and a beta of 0.57. The business has a 50-day moving average of $107.35 and a 200-day moving average of $98.98. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.33 and a current ratio of 2.33. Natural Resource Partners L.P. has a one year low of $81.74 and a one year high of $113.04.

Natural Resource Partners (NYSE:NRP - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The energy company reported $2.00 earnings per share (EPS) for the quarter. Natural Resource Partners had a net margin of 68.22% and a return on equity of 39.69%. The company had revenue of $60.33 million during the quarter.

Natural Resource Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Tuesday, November 19th were paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date was Tuesday, November 19th. Natural Resource Partners's dividend payout ratio (DPR) is presently 24.14%.

About Natural Resource Partners

Natural Resource Partners L.P., together with its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates in two segments, Mineral Rights and Soda Ash. The company owns interests in coal, soda ash, trona, and other natural resources. Its coal reserves are primarily located in the Appalachia Basin, the Illinois Basin, and the Northern Powder River Basin in the United States; industrial minerals and aggregates properties located in the United States; and oil and gas properties located in Louisiana.