Natural Resource Partners (NYSE:NRP) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen lowered shares of Natural Resource Partners (NYSE:NRP) from a buy rating to a hold rating in a report released on Saturday.

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Natural Resource Partners in a report on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Natural Resource Partners Stock Performance

Shares of Natural Resource Partners stock opened at $118.52 on Friday. The firm has a market cap of $1.57 billion, a PE ratio of 11.80 and a beta of 0.20. The firm’s 50-day simple moving average is $117.01 and its 200-day simple moving average is $108.52. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.14 and a current ratio of 1.85. Natural Resource Partners has a 1 year low of $86.83 and a 1 year high of $128.60.

Natural Resource Partners (NYSE:NRP) last issued its quarterly earnings results on Friday, February 27th. The energy company reported $2.27 EPS for the quarter. The business had revenue of $48.40 million for the quarter. Natural Resource Partners had a net margin of 65.16% and a return on equity of 22.52%.

Natural Resource Partners Dividend Announcement

The firm also recently declared a special dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 10th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. Natural Resource Partners’s payout ratio is 29.88%.

Institutional Investors Weigh In On Natural Resource Partners

Several institutional investors and hedge funds have recently bought and sold shares of the business. Annandale Capital LLC lifted its holdings in Natural Resource Partners by 0.4% in the fourth quarter. Annandale Capital LLC now owns 26,207 shares of the energy company’s stock worth $2,736,000 after acquiring an additional 107 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Natural Resource Partners by 144.0% during the second quarter. NewEdge Advisors LLC now owns 266 shares of the energy company’s stock valued at $25,000 after purchasing an additional 157 shares during the last quarter. Jump Financial LLC grew its holdings in shares of Natural Resource Partners by 8.1% during the second quarter. Jump Financial LLC now owns 2,444 shares of the energy company’s stock valued at $233,000 after purchasing an additional 184 shares during the last quarter. First Foundation Advisors raised its position in shares of Natural Resource Partners by 3.2% during the 3rd quarter. First Foundation Advisors now owns 7,941 shares of the energy company’s stock worth $834,000 after purchasing an additional 245 shares during the period. Finally, Pekin Hardy Strauss Inc. raised its position in shares of Natural Resource Partners by 1.3% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 20,225 shares of the energy company’s stock worth $2,124,000 after purchasing an additional 250 shares during the period. Institutional investors and hedge funds own 31.77% of the company’s stock.

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.