Natural Resource Partners L.P. (NYSE:NRP - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $95.80 and traded as high as $106.79. Natural Resource Partners shares last traded at $104.33, with a volume of 105,532 shares traded.
Natural Resource Partners Stock Performance
The business's 50-day moving average price is $103.12 and its 200-day moving average price is $95.80. The stock has a market cap of $1.35 billion, a P/E ratio of 8.39 and a beta of 0.56. 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 Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Investors 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 2.88%. The ex-dividend date was Tuesday, November 19th. Natural Resource Partners's dividend payout ratio (DPR) is 24.14%.
Institutional Investors Weigh In On Natural Resource Partners
A number of institutional investors have recently bought and sold shares of NRP. Northwestern Mutual Wealth Management Co. purchased a new position in Natural Resource Partners during the second quarter valued at $34,000. Covestor Ltd purchased a new stake in shares of Natural Resource Partners in the third quarter valued at $60,000. Jane Street Group LLC purchased a new position in shares of Natural Resource Partners during the 3rd quarter worth about $294,000. Landscape Capital Management L.L.C. bought a new position in Natural Resource Partners during the 3rd quarter valued at about $324,000. Finally, Exchange Traded Concepts LLC raised its position in Natural Resource Partners by 14.0% in the 3rd quarter. Exchange Traded Concepts LLC now owns 7,322 shares of the energy company's stock worth $716,000 after purchasing an additional 898 shares during the period. Hedge funds and other institutional investors own 31.77% of the company's stock.
About Natural Resource Partners
(
Get Free Report)
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.
Featured Articles
Before you consider Natural Resource Partners, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Natural Resource Partners wasn't on the list.
While Natural Resource Partners currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
