Anthracite Investment Company Inc. Sells 4,818 Shares of Natural Resource Partners L.P. (NYSE:NRP)

Anthracite Investment Company Inc. trimmed its holdings in shares of Natural Resource Partners L.P. (NYSE:NRP - Free Report) by 35.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,799 shares of the energy company's stock after selling 4,818 shares during the period. Anthracite Investment Company Inc. owned 0.07% of Natural Resource Partners worth $861,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of NRP. PEAK6 Investments LLC bought a new position in shares of Natural Resource Partners during the first quarter worth about $207,000. Energy Income Partners LLC boosted its holdings in shares of Natural Resource Partners by 36.7% in the first quarter. Energy Income Partners LLC now owns 30,152 shares of the energy company's stock valued at $2,774,000 after acquiring an additional 8,100 shares in the last quarter. L1 Capital International Pty Ltd acquired a new position in shares of Natural Resource Partners during the 1st quarter valued at $13,890,000. Stokes Family Office LLC raised its position in Natural Resource Partners by 17.8% in the second quarter. Stokes Family Office LLC now owns 6,625 shares of the energy company's stock worth $594,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Meixler Investment Management Ltd. lifted its stake in Natural Resource Partners by 6.3% during the second quarter. Meixler Investment Management Ltd. now owns 33,455 shares of the energy company's stock valued at $2,999,000 after purchasing an additional 1,975 shares during the last quarter. Institutional investors and hedge funds own 31.77% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Natural Resource Partners from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 17th.

Natural Resource Partners Stock Performance

NYSE:NRP traded down $0.77 during trading hours on Wednesday, hitting $104.02. 5,112 shares of the company traded hands, compared to its average volume of 26,816. The firm has a 50-day moving average of $98.61 and a 200 day moving average of $93.32. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 8.37 and a beta of 0.50. The company has a current ratio of 2.33, a quick ratio of 2.33 and a debt-to-equity ratio of 0.35. Natural Resource Partners L.P. has a twelve month low of $74.93 and a twelve month high of $111.46.

Natural Resource Partners Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Tuesday, November 19th will be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 2.88%. The ex-dividend date of this dividend is Tuesday, November 19th. Natural Resource Partners's payout ratio is 24.14%.

Natural Resource Partners Company Profile

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.