Inscription Capital LLC Makes New $520,000 Investment in Natural Resource Partners LP (NYSE:NRP)

Inscription Capital LLC bought a new position in Natural Resource Partners LP (NYSE:NRP - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund 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 have also recently modified their holdings of NRP. Jane Street Group LLC lifted its holdings in Natural Resource Partners by 90.1% during the fourth quarter. Jane Street Group LLC now owns 5,710 shares of the energy company's stock worth $634,000 after acquiring an additional 2,707 shares during the period. Bank of America Corp DE increased its position in shares of Natural Resource Partners by 48.9% during 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 purchasing an additional 18,754 shares during the last quarter. ING Groep NV increased its position in shares of Natural Resource Partners by 43.8% during the 4th quarter. ING Groep NV now owns 93,910 shares of the energy company's stock valued at $10,424,000 after purchasing an additional 28,600 shares during the last quarter. Pecaut & CO. bought a new stake in shares of Natural Resource Partners during the 4th quarter worth $755,000. Finally, US Bancorp DE purchased a new position in shares of Natural Resource Partners in the 4th quarter worth about $33,000. Hedge funds and other institutional investors own 31.77% of the company's stock.

Natural Resource Partners Price Performance

NRP opened at $96.51 on Wednesday. Natural Resource Partners LP has a fifty-two week low of $81.74 and a fifty-two week high of $113.04. The firm has a 50-day moving average of $97.99 and a 200 day moving average of $102.27. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.45 and a current ratio of 2.45. The firm has a market cap of $1.25 billion, a P/E ratio of 9.27 and a beta of 0.28.

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

Natural Resource Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 27th. Investors of record on Tuesday, May 20th were paid a $0.75 dividend. The ex-dividend date was Tuesday, May 20th. This represents a $3.00 annualized dividend and a yield of 3.11%. Natural Resource Partners's payout ratio 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.

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