208,483 Shares in Natural Resource Partners LP $NRP Acquired by Saber Capital Managment LLC

Saber Capital Managment LLC bought a new position in shares of Natural Resource Partners LP (NYSE:NRP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 208,483 shares of the energy company’s stock, valued at approximately $21,766,000. Natural Resource Partners comprises 18.2% of Saber Capital Managment LLC’s portfolio, making the stock its biggest holding. Saber Capital Managment LLC owned approximately 1.61% of Natural Resource Partners as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of NRP. Royal Bank of Canada boosted its position in Natural Resource Partners by 23.7% during the first quarter. Royal Bank of Canada now owns 9,199 shares of the energy company’s stock worth $956,000 after acquiring an additional 1,761 shares during the last quarter. Jump Financial LLC boosted its position in Natural Resource Partners by 8.1% during the second quarter. Jump Financial LLC now owns 2,444 shares of the energy company’s stock worth $233,000 after acquiring an additional 184 shares during the last quarter. NewEdge Advisors LLC boosted its position in Natural Resource Partners by 144.0% during the second quarter. NewEdge Advisors LLC now owns 266 shares of the energy company’s stock worth $25,000 after acquiring an additional 157 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Natural Resource Partners in the 2nd quarter valued at $137,000. Finally, Progeny 3 Inc. boosted its holdings in shares of Natural Resource Partners by 4.3% in the 2nd quarter. Progeny 3 Inc. now owns 302,550 shares of the energy company’s stock valued at $28,897,000 after purchasing an additional 12,370 shares during the last quarter. Institutional investors and hedge funds own 31.77% of the company’s stock.

Insider Activity at Natural Resource Partners

In other Natural Resource Partners news, EVP Kevin J. Craig bought 336 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average price of $102.18 per share, with a total value of $34,332.48. Following the purchase, the executive vice president owned 47,019 shares in the company, valued at approximately $4,804,401.42. The trade was a 0.72% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 35.30% of the company’s stock.

Natural Resource Partners Stock Down 0.2%

Shares of NRP opened at $103.76 on Monday. The firm has a market cap of $1.37 billion, a PE ratio of 12.19 and a beta of 0.14. The company’s fifty day moving average is $111.46 and its two-hundred day moving average is $113.37. Natural Resource Partners LP has a fifty-two week low of $92.10 and a fifty-two week high of $128.60. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.07.

Natural Resource Partners (NYSE:NRP) last announced its quarterly earnings results on Wednesday, May 6th. The energy company reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $1.19. The company had revenue of $47.18 million for the quarter, compared to analyst estimates of $37.80 million. Natural Resource Partners had a net margin of 61.28% and a return on equity of 18.49%.

Natural Resource Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th were paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Tuesday, May 19th. Natural Resource Partners’s dividend payout ratio (DPR) is currently 35.25%.

Wall Street Analysts Forecast Growth

NRP has been the topic of a number of research analyst reports. Weiss Ratings lowered shares of Natural Resource Partners from a “buy (b)” rating to a “hold (c+)” rating in a report on Monday, May 18th. Wall Street Zen lowered shares of Natural Resource Partners from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

About Natural Resource Partners

Natural Resource Partners LP (NYSE: NRP) is a master limited partnership that acquires and manages royalty and other mineral interests in coal and other natural resources across North America and Australia. The partnership was formed in 2010 as a spin-out from a major U.S. coal producer and is headquartered in Fairmont, West Virginia. Its core business model centers on owning gross proceeds interests, gross royalty proceeds interests and fee minerals, which provide the right to receive a portion of revenues from mining and mineral production without operating the mines directly.

NRP’s U.S.