Jane Street Group LLC Grows Stock Position in Natural Resource Partners L.P. (NYSE:NRP)

Jane Street Group LLC boosted its stake in Natural Resource Partners L.P. (NYSE:NRP - Free Report) by 90.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,710 shares of the energy company's stock after acquiring an additional 2,707 shares during the period. Jane Street Group LLC's holdings in Natural Resource Partners were worth $634,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Covestor Ltd boosted its holdings in shares of Natural Resource Partners by 26.1% during the 4th quarter. Covestor Ltd now owns 773 shares of the energy company's stock valued at $86,000 after buying an additional 160 shares in the last quarter. Pecaut & CO. bought a new stake in shares of Natural Resource Partners during the 4th quarter valued at $755,000. Larson Financial Group LLC bought a new stake in shares of Natural Resource Partners during the 4th quarter valued at $89,000. US Bancorp DE bought a new stake in shares of Natural Resource Partners during the 4th quarter valued at $33,000. Finally, Avalon Capital Management bought a new stake in shares of Natural Resource Partners during the 4th quarter valued at $222,000. Institutional investors own 31.77% of the company's stock.

Natural Resource Partners Stock Up 0.4%

Shares of NRP stock traded up $0.40 during mid-day trading on Friday, reaching $97.22. 36,955 shares of the company's stock traded hands, compared to its average volume of 27,329. Natural Resource Partners L.P. has a 12 month low of $81.74 and a 12 month high of $113.04. The company has a market cap of $1.26 billion, a P/E ratio of 7.82 and a beta of 0.34. The company has a quick ratio of 2.33, a current ratio of 2.33 and a debt-to-equity ratio of 0.35. The company's 50-day moving average price is $98.65 and its 200-day moving average price is $103.17.

Natural Resource Partners (NYSE:NRP - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The energy company reported $2.97 earnings per share (EPS) for the quarter. The company had revenue of $60.54 million for the quarter. Natural Resource Partners had a net margin of 68.22% and a return on equity of 39.69%.

Natural Resource Partners Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 27th. Investors of record on Tuesday, May 20th were paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date was Tuesday, May 20th. Natural Resource Partners's payout ratio is 28.82%.

Natural Resource Partners Company Profile

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.