Natural Resource Partners (NYSE:NRP) Stock Price Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• Technical breakout: Natural Resource Partners (NRP) crossed above its 200‑day moving average of $111.48, trading as high as $122.51 and last at $120.875, indicating a bullish technical signal.
• Solid fundamentals and shareholder return: NRP reported $2.27 EPS for the quarter with a 65.16% net margin and 22.52% ROE, has a market cap of $1.6B and PE of 12.04, and recently paid a $0.12 special dividend (payout ratio 29.88%).
• Mixed analyst and ownership landscape: Analyst sentiment is mixed (Wall Street Zen cut to "hold" while Weiss Ratings remains "buy" and the consensus is still "Buy"), and institutional investors own about 31.77% of the stock with recent small position changes by several funds.

Natural Resource Partners LP (NYSE:NRP - Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $111.48 and traded as high as $122.51. Natural Resource Partners shares last traded at $120.8750, with a volume of 17,415 shares changing hands.

Wall Street Analyst Weigh In

NRP has been the topic of a number of recent analyst reports. Wall Street Zen lowered shares of Natural Resource Partners from a "buy" rating to a "hold" rating in a research report on Saturday, March 7th. Weiss Ratings reissued a "buy (b-)" rating on shares of Natural Resource Partners in a research report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, According to MarketBeat, Natural Resource Partners presently has an average rating of "Buy".

Natural Resource Partners Trading Down 0.9%

The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.85 and a current ratio of 1.85. The firm has a market cap of $1.60 billion, a PE ratio of 12.04 and a beta of 0.26. The stock's 50 day simple moving average is $121.51 and its 200 day simple moving average is $111.48.

Natural Resource Partners (NYSE:NRP - Get Free Report) last released its quarterly earnings results on Friday, February 27th. The energy company reported $2.27 EPS for the quarter. Natural Resource Partners had a net margin of 65.16% and a return on equity of 22.52%. The business had revenue of $48.40 million during the quarter.

Natural Resource Partners Announces Dividend

The business also recently declared a special dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 10th were paid a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. Natural Resource Partners's payout ratio is currently 29.88%.

Institutional Investors Weigh In On Natural Resource Partners

Hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC lifted its holdings in shares of Natural Resource Partners by 144.0% in the 2nd quarter. NewEdge Advisors LLC now owns 266 shares of the energy company's stock worth $25,000 after acquiring an additional 157 shares during the last quarter. Arlington Trust Co LLC bought a new stake in Natural Resource Partners during the 4th quarter valued at $104,000. Raymond James Financial Inc. bought a new stake in Natural Resource Partners during the 2nd quarter valued at $137,000. State of Wyoming raised its holdings in Natural Resource Partners by 65.4% during the 3rd quarter. State of Wyoming now owns 1,871 shares of the energy company's stock valued at $196,000 after buying an additional 740 shares during the last quarter. Finally, Novare Capital Management LLC bought a new stake in Natural Resource Partners during the 4th quarter valued at $204,000. 31.77% of the stock is currently owned by institutional investors.

About Natural Resource Partners

Natural Resource Partners LP NYSE: NRP is a master limited partnership that acquires and manages royalty and other mineral interests in coal and other natural resources across North America and Australia. The partnership was formed in 2010 as a spin-out from a major U.S. coal producer and is headquartered in Fairmont, West Virginia. Its core business model centers on owning gross proceeds interests, gross royalty proceeds interests and fee minerals, which provide the right to receive a portion of revenues from mining and mineral production without operating the mines directly.

NRP's U.S.

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