5,000 Shares in Natural Resource Partners LP (NYSE:NRP) Bought by Inscription Capital LLC

Inscription Capital LLC bought a new stake in shares of Natural Resource Partners LP (NYSE:NRP - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,000 shares of the energy company's stock, valued at approximately $520,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NRP. Progeny 3 Inc. purchased a new position in shares of Natural Resource Partners in the 4th quarter valued at about $15,732,000. ING Groep NV boosted its stake in shares of Natural Resource Partners by 43.8% in the 4th quarter. ING Groep NV now owns 93,910 shares of the energy company's stock valued at $10,424,000 after buying an additional 28,600 shares during the period. Bank of America Corp DE boosted its stake in shares of Natural Resource Partners by 48.9% in the 4th quarter. Bank of America Corp DE now owns 57,085 shares of the energy company's stock valued at $6,336,000 after buying an additional 18,754 shares during the period. Exchange Traded Concepts LLC boosted its stake in shares of Natural Resource Partners by 15.9% in the 1st quarter. Exchange Traded Concepts LLC now owns 7,875 shares of the energy company's stock valued at $818,000 after buying an additional 1,082 shares during the period. Finally, Pecaut & CO. purchased a new position in shares of Natural Resource Partners in the 4th quarter valued at about $755,000. 31.77% of the stock is currently owned by hedge funds and other institutional investors.

Natural Resource Partners Stock Up 1.3%

NRP stock traded up $1.20 during trading on Friday, hitting $96.25. 36,448 shares of the company's stock were exchanged, compared to its average volume of 27,726. The business has a 50-day moving average price of $98.15 and a two-hundred day moving average price of $101.99. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 9.25 and a beta of 0.28. Natural Resource Partners LP has a 52-week low of $81.74 and a 52-week high of $113.04. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.22.

Natural Resource Partners (NYSE:NRP - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The energy company reported $2.97 EPS for the quarter. The company had revenue of $60.54 million for the quarter. Natural Resource Partners had a return on equity of 31.31% and a net margin of 66.17%.

Natural Resource Partners Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Tuesday, May 20th were given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 3.12%. The ex-dividend date was Tuesday, May 20th. Natural Resource Partners's dividend payout ratio (DPR) is 28.82%.

About Natural Resource Partners

Natural Resource Partners L.P., together with its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates in two segments, Mineral Rights and Soda Ash. The company owns interests in coal, soda ash, trona, and other natural resources. Its coal reserves are primarily located in the Appalachia Basin, the Illinois Basin, and the Northern Powder River Basin in the United States; industrial minerals and aggregates properties located in the United States; and oil and gas properties located in Louisiana.