Stifel Nicolaus reaffirmed their hold rating on shares of Natural Resource Partners (NYSE:NRP) in a report published on Tuesday morning. They currently have a $36.00 target price on the energy company’s stock.

A number of other brokerages have also issued reports on NRP. ValuEngine lowered Natural Resource Partners from a strong-buy rating to a buy rating in a research note on Tuesday, January 9th. Zacks Investment Research lowered Natural Resource Partners from a hold rating to a strong sell rating in a research note on Friday, November 10th.

Shares of Natural Resource Partners (NYSE:NRP) traded up $0.65 during trading hours on Tuesday, hitting $33.70. The stock had a trading volume of 27,368 shares, compared to its average volume of 37,546. The company has a debt-to-equity ratio of 3.12, a current ratio of 0.89 and a quick ratio of 0.85. The firm has a market capitalization of $403.66, a price-to-earnings ratio of 12.17 and a beta of 0.72. 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 quarterly 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%. analysts forecast that Natural Resource Partners will post 2.62 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in NRP. JPMorgan Chase & Co. lifted its position in Natural Resource Partners by 64.6% during the second quarter. JPMorgan Chase & Co. now owns 657,207 shares of the energy company’s stock worth $18,106,000 after buying an additional 257,912 shares in the last quarter. GSA Capital Partners LLP purchased a new position in Natural Resource Partners during the second quarter worth approximately $254,000. Goldman Sachs Group Inc. lifted its position in Natural Resource Partners by 16.7% during the second 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 in the last quarter. Maple Rock Capital Partners Inc. lifted its position in Natural Resource Partners by 1.1% during the third quarter. Maple Rock Capital Partners Inc. now owns 686,110 shares of the energy company’s stock worth $16,981,000 after buying an additional 7,500 shares in the last quarter. Finally, Chicago Partners Investment Group LLC lifted its position in Natural Resource Partners by 306.1% during the third quarter. Chicago Partners Investment Group LLC now owns 4,768 shares of the energy company’s stock worth $118,000 after buying an additional 3,594 shares in the last quarter. Hedge funds and other institutional investors own 22.59% of the company’s stock.

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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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