Natural Resource Partners L.P. (NYSE:NRP - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $98.81 and traded as high as $108.00. Natural Resource Partners shares last traded at $106.88, with a volume of 15,463 shares traded.
Natural Resource Partners Trading Up 0.5 %
The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 8.53 and a beta of 0.57. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.33 and a quick ratio of 2.33. The business's 50-day moving average price is $107.35 and its two-hundred day moving average price is $98.98.
Natural Resource Partners (NYSE:NRP - Get Free Report) last released 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 return on equity of 39.69% and a net margin of 68.22%. The company had revenue of $60.33 million during the quarter.
Natural Resource Partners Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Tuesday, November 19th were given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 2.83%. The ex-dividend date of this dividend was Tuesday, November 19th. Natural Resource Partners's dividend payout ratio (DPR) is presently 24.14%.
Institutional Investors Weigh In On Natural Resource Partners
Large investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. acquired a new stake in Natural Resource Partners in the second quarter worth $34,000. Covestor Ltd bought a new stake in Natural Resource Partners in the 3rd quarter valued at about $60,000. Jane Street Group LLC acquired a new position in Natural Resource Partners during the 3rd quarter worth approximately $294,000. Landscape Capital Management L.L.C. bought a new position in Natural Resource Partners in the third quarter worth approximately $324,000. Finally, DHK Financial Advisors Inc. bought a new stake in shares of Natural Resource Partners during the fourth quarter valued at approximately $438,000. Institutional investors and hedge funds own 31.77% of the company's stock.
Natural Resource Partners Company Profile
(
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.
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