Natural Resource Partners (NYSE:NRP) Sees Unusually-High Trading Volume - What's Next?

Natural Resource Partners L.P. (NYSE:NRP - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 29,645 shares were traded during mid-day trading, an increase of 3% from the previous session's volume of 28,748 shares.The stock last traded at $101.63 and had previously closed at $105.48.

Natural Resource Partners Stock Performance

The company has a market cap of $1.33 billion, a price-to-earnings ratio of 8.27 and a beta of 0.30. The firm has a 50-day simple moving average of $101.37 and a 200 day simple moving average of $103.34. The company has a quick ratio of 2.33, a current ratio of 2.33 and a debt-to-equity ratio of 0.35.

Natural Resource Partners (NYSE:NRP - Get Free Report) last posted its quarterly earnings data on Friday, February 28th. The energy company reported $3.15 earnings per share for the quarter. The firm had revenue of $65.73 million for the quarter. Natural Resource Partners had a net margin of 68.22% and a return on equity of 39.69%.

Natural Resource Partners Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 11th were given a dividend of $1.21 per share. This is an increase from Natural Resource Partners's previous dividend of $0.35. The ex-dividend date of this dividend was Tuesday, March 11th. Natural Resource Partners's payout ratio is presently 26.62%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Progeny 3 Inc. acquired a new stake in Natural Resource Partners during the fourth quarter worth approximately $15,732,000. Solidarity Wealth LLC increased its stake 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 holdings in shares of Natural Resource Partners by 43.8% during the 4th quarter. ING Groep NV now owns 93,910 shares of the energy company's stock worth $10,424,000 after acquiring an additional 28,600 shares during the period. Bank of America Corp DE boosted its position in shares of Natural Resource Partners by 48.9% in the fourth quarter. Bank of America Corp DE now owns 57,085 shares of the energy company's stock worth $6,336,000 after acquiring an additional 18,754 shares during the last quarter. Finally, Mountain Lake Investment Management LLC purchased a new stake in Natural Resource Partners in the fourth quarter valued at approximately $1,222,000. Institutional investors and hedge funds own 31.77% of the company's stock.

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.

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