Natural Resource Partners (NYSE:NRP) Sees Large Volume Increase – What’s Next?

Natural Resource Partners LP (NYSE:NRP) shares saw unusually-strong trading volume on Friday . Approximately 87,222 shares traded hands during mid-day trading, an increase of 85% from the previous session’s volume of 47,092 shares.The stock last traded at $114.25 and had previously closed at $123.50.

Analyst Ratings Changes

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.com, Natural Resource Partners presently has an average rating of “Buy”.

Natural Resource Partners Trading Down 3.2%

The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.09. The business’s fifty day moving average is $114.97 and its two-hundred day moving average is $107.79. The firm has a market cap of $1.55 billion, a price-to-earnings ratio of 10.95 and a beta of 0.22.

Natural Resource Partners (NYSE:NRP) last posted its quarterly earnings data on Friday, February 27th. The energy company reported $2.27 earnings per share (EPS) for the quarter. Natural Resource Partners had a return on equity of 25.31% and a net margin of 64.78%.

Natural Resource Partners Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 24th. Investors of record on Tuesday, February 17th were issued a $0.75 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $3.00 annualized dividend and a yield of 2.5%. Natural Resource Partners’s dividend payout ratio (DPR) is currently 27.47%.

Institutional Trading of Natural Resource Partners

Several institutional investors and hedge funds have recently added to or reduced their stakes in NRP. Corient Private Wealth LLC lifted its holdings in Natural Resource Partners by 12,329.6% in the second quarter. Corient Private Wealth LLC now owns 621,478 shares of the energy company’s stock valued at $59,357,000 after buying an additional 616,478 shares during the period. Saber Capital Managment LLC acquired a new stake in Natural Resource Partners during the 4th quarter worth $21,766,000. Morgan Stanley raised its position in shares of Natural Resource Partners by 14.3% during the 4th quarter. Morgan Stanley now owns 1,006,232 shares of the energy company’s stock valued at $105,051,000 after acquiring an additional 125,530 shares during the last quarter. Nitor Capital Management LLC acquired a new position in shares of Natural Resource Partners in the 4th quarter valued at $6,703,000. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Natural Resource Partners by 9.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 748,185 shares of the energy company’s stock valued at $78,111,000 after purchasing an additional 63,350 shares during the period. 31.77% of the stock is owned by institutional investors.

Natural Resource Partners Company Profile

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.