Natural Resource Partners (NYSE:NRP) Stock Rating Upgraded by Wall Street Zen

Key Points

• Natural Resource Partners (NYSE:NRP) has received an upgrade from a "hold" to a "buy" rating by analysts at Wall Street Zen.
• The company's recent earnings report showed earnings per share of $2.52 with a substantial net margin of 65.19% and a return on equity of 28.35%.
• Institutional investors are actively increasing their stakes, with Covestor Ltd boosting its holdings by 26.1% in the most recent quarter.

Wall Street Zen upgraded shares of Natural Resource Partners (NYSE:NRP - Free Report) from a hold rating to a buy rating in a research note published on Saturday.

Natural Resource Partners Trading Up 1.1%

Shares of NYSE NRP traded up $1.13 during trading on Friday, hitting $104.38. 11,097 shares of the company were exchanged, compared to its average volume of 25,040. Natural Resource Partners has a 12-month low of $81.74 and a 12-month high of $113.04. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.20 and a current ratio of 2.20. The company has a fifty day moving average price of $98.48 and a 200-day moving average price of $100.08. The firm has a market capitalization of $1.35 billion, a PE ratio of 9.81 and a beta of 0.35.

Natural Resource Partners (NYSE:NRP - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The energy company reported $2.52 EPS for the quarter. The business had revenue of $50.10 million for the quarter. Natural Resource Partners had a return on equity of 27.76% and a net margin of 65.19%.

Natural Resource Partners Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 26th. Shareholders of record on Tuesday, August 19th will be paid a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, August 19th. This represents a $3.00 annualized dividend and a yield of 2.9%. Natural Resource Partners's dividend payout ratio (DPR) is 28.20%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Covestor Ltd boosted its position in shares of Natural Resource Partners by 26.1% during the fourth quarter. Covestor Ltd now owns 773 shares of the energy company's stock worth $86,000 after buying an additional 160 shares during the period. Formidable Asset Management LLC purchased a new position in shares of Natural Resource Partners during the fourth quarter worth $222,000. State of Wyoming boosted its position in shares of Natural Resource Partners by 23.8% during the first quarter. State of Wyoming now owns 2,638 shares of the energy company's stock worth $274,000 after buying an additional 507 shares during the period. MAS Advisors LLC boosted its position in shares of Natural Resource Partners by 4.3% during the second quarter. MAS Advisors LLC now owns 3,375 shares of the energy company's stock worth $322,000 after buying an additional 140 shares during the period. Finally, DHK Financial Advisors Inc. boosted its position in shares of Natural Resource Partners by 11.7% during the first quarter. DHK Financial Advisors Inc. now owns 4,404 shares of the energy company's stock worth $458,000 after buying an additional 462 shares during the period. 31.77% of the stock is currently owned by hedge funds and other institutional investors.

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.