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

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

Other institutional investors have also added to or reduced their stakes in the company. ING Groep NV grew its position 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 last quarter. Meixler Investment Management Ltd. raised its stake in shares of Natural Resource Partners by 11.5% in the fourth quarter. Meixler Investment Management Ltd. now owns 45,591 shares of the energy company's stock worth $5,061,000 after purchasing an additional 4,706 shares during the last quarter. Mountain Lake Investment Management LLC purchased a new stake in shares of Natural Resource Partners in the fourth quarter worth approximately $1,222,000. Pecaut & CO. purchased a new stake in shares of Natural Resource Partners during the fourth quarter valued at approximately $755,000. Finally, DHK Financial Advisors Inc. purchased a new stake in shares of Natural Resource Partners during the fourth quarter valued at approximately $438,000. 31.77% of the stock is currently owned by institutional investors.

Natural Resource Partners Stock Performance

NYSE:NRP traded up $0.40 during trading hours on Friday, reaching $97.22. The stock had a trading volume of 36,955 shares, compared to its average volume of 27,361. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.33 and a current ratio of 2.33. The stock has a 50 day simple moving average of $98.65 and a 200 day simple moving average of $103.16. Natural Resource Partners L.P. has a 12-month low of $81.74 and a 12-month high of $113.04. The stock has a market cap of $1.26 billion, a P/E ratio of 7.82 and a beta of 0.34.

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

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. The ex-dividend date was Tuesday, May 20th. This represents a $3.00 dividend on an annualized basis and a yield of 3.09%. 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.