Natural Resource Partners (NRP) Receives Hold Rating from Stifel Nicolaus

Stifel Nicolaus reissued their hold rating on shares of Natural Resource Partners (NYSE:NRP) in a research report sent to investors on Tuesday, January 16th. They currently have a $36.00 target price on the energy company’s stock.

A number of other research analysts also recently commented on the company. ValuEngine downgraded Natural Resource Partners from a strong-buy rating to a buy rating in a research note on Tuesday, January 9th. Zacks Investment Research cut Natural Resource Partners from a hold rating to a strong sell rating in a research report on Friday, November 10th.

Shares of Natural Resource Partners (NYSE:NRP) opened at $27.65 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 0.89 and a debt-to-equity ratio of 3.12. The company has a market capitalization of $338.21, a price-to-earnings ratio of 13.69 and a beta of 0.66. Natural Resource Partners has a 12 month low of $22.81 and a 12 month high of $45.60.

Natural Resource Partners (NYSE:NRP) last issued its earnings results on Wednesday, November 8th. The energy company reported $0.59 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.92 by ($0.33). Natural Resource Partners had a return on equity of 34.32% and a net margin of 26.38%. The company had revenue of $93.29 million during the quarter, compared to analyst estimates of $89.63 million. research analysts forecast that Natural Resource Partners will post 2.62 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 14th. Shareholders of record on Wednesday, February 7th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.51%. The ex-dividend date is Tuesday, February 6th. Natural Resource Partners’s dividend payout ratio is 72.00%.

A number of large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its stake in shares of Natural Resource Partners by 64.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 657,207 shares of the energy company’s stock valued at $18,106,000 after purchasing an additional 257,912 shares during the period. GSA Capital Partners LLP acquired a new stake in Natural Resource Partners during the 2nd quarter worth $254,000. Goldman Sachs Group Inc. raised its stake in Natural Resource Partners by 16.7% during the 2nd quarter. Goldman Sachs Group Inc. now owns 518,356 shares of the energy company’s stock worth $14,281,000 after buying an additional 74,138 shares during the period. Maple Rock Capital Partners Inc. increased its holdings in Natural Resource Partners by 1.1% during the 3rd quarter. Maple Rock Capital Partners Inc. now owns 686,110 shares of the energy company’s stock worth $16,981,000 after purchasing an additional 7,500 shares in the last quarter. Finally, Chicago Partners Investment Group LLC increased its holdings in Natural Resource Partners by 306.1% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 4,768 shares of the energy company’s stock worth $118,000 after purchasing an additional 3,594 shares in the last quarter. 22.57% of the stock is currently owned by hedge funds and other institutional investors.

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About Natural Resource Partners

Natural Resource Partners L.P. owns, operates, manages and leases a portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, construction aggregates and other natural resources. Coal Royalty and Other segment consists primarily of coal royalty and coal related transportation and processing assets.

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