Kimbell Royalty Partners (KRP) News Today

Kimbell Royalty Partners (NYSE:KRP) will be releasing earnings before the market opens on Thursday, August 1, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=287425)

Shares of Kimbell Royalty Partners, LP (NYSE:KRP - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the six ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have

Truist Financial raised their price target on Kimbell Royalty Partners from $21.00 to $22.00 and gave the stock a "buy" rating in a research report on Monday.

Kimbell Royalty Partners, LP (NYSE:KRP - Get Free Report) was the target of a large decline in short interest in June. As of June 30th, there was short interest totalling 2,200,000 shares, a decline of 6.0% from the June 15th total of 2,340,000 shares. Based on an average daily volume of 340,300 shares, the short-interest ratio is presently 6.5 days.

Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Kimbell Royalty Partners, LP (NYSE:KRP - Free Report) by 189.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,373,991 shares of t

Kimbell Royalty Partners, LP (NYSE:KRP - Get Free Report) saw a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 2,060,000 shares, an increase of 24.8% from the May 15th total of 1,650,000 shares. Based on an average daily trading volume, of 337,600 shares, the days-to-cover ratio is currently 6.1 days.

Bank of America reissued an "underperform" rating and set a $16.00 price target on shares of Kimbell Royalty Partners in a research report on Friday.

Board of Trustees of The Leland Stanford Junior University grew its stake in shares of Kimbell Royalty Partners, LP (NYSE:KRP - Free Report) by 148.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional

First Financial Bankshares Inc bought a new position in shares of Kimbell Royalty Partners, LP (NYSE:KRP - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 279,054 shares of the energy co

Mill Road Capital Management LLC lifted its position in Kimbell Royalty Partners, LP (NYSE:KRP - Free Report) by 14.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,885,765 shares of the energy company's stock after buying

Epoch Investment Partners Inc. lessened its position in shares of Kimbell Royalty Partners, LP (NYSE:KRP - Free Report) by 35.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,191,974 shares of the e

Kimbell Royalty Partners, LP (NYSE:KRP - Get Free Report) has earned an average recommendation of "Buy" from the seven brokerages that are currently covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the c

King Luther Capital Management Corp reduced its holdings in shares of Kimbell Royalty Partners, LP (NYSE:KRP - Free Report) by 12.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 433,921 shares of the energy company's stock after selling 63,507 shares durin

International Assets Investment Management LLC grew its holdings in shares of Kimbell Royalty Partners, LP (NYSE:KRP - Free Report) by 1,540.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 91,42

Kimbell Royalty Partners, LP (NYSE:KRP - Get Free Report) Director Brett G. Taylor sold 50,000 shares of the company's stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $16.52, for a total transaction of $826,000.00. Following the completion of the transaction, the director now directly owns 249,030 shares in the company, valued at $4,113,975.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Kimbell Royalty Partners (NYSE:KRP - Get Free Report) announced its quarterly earnings results on Thursday. The energy company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.15). Kimbell Royalty Partners had a return on equity of 8.98% and a net margin of 20.45%. The firm had revenue of $87.50 million for the quarter, compared to analyst estimates of $79.42 million. During the same quarter in the prior year, the company earned $0.36 earnings per share. The business's revenue was up 52.4% compared to the same quarter last year.

Kimbell Royalty Partners, LP (NYSE:KRP) declared a quarterly dividend on Thursday, May 2nd. Stockholders of record on Monday, May 13th will be given a dividend of 0.49 per share by the energy company on Monday, May 20th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 12.19%. The ex-dividend date of this dividend is Friday, May 10th. This is an increase from Kimbell Royalty Partners's previous quarterly dividend of $0.43.

KeyCorp increased their price target on Kimbell Royalty Partners from $20.00 to $21.00 and gave the stock an "overweight" rating in a report on Monday.

International Assets Investment Management LLC raised its stake in shares of Kimbell Royalty Partners, LP (NYSE:KRP - Free Report) by 1,540.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 91,429 shares of the energy company's stock after acquiring an addi

Kimbell Royalty Partners, LP (NYSE:KRP - Get Free Report) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 1,340,000 shares, an increase of 5.5% from the March 15th total of 1,270,000 shares. Based on an average daily trading volume, of 358,100 shares, the days-to-cover ratio is currently 3.7 days.

Shares of Kimbell Royalty Partners, LP (NYSE:KRP - Get Free Report) have been given a consensus rating of "Buy" by the seven brokerages that are covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy r

Truist Financial dropped their price target on shares of Kimbell Royalty Partners from $22.00 to $21.00 and set a "buy" rating on the stock in a research report on Friday.

Kimbell Royalty Partners, LP (NYSE:KRP - Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,270,000 shares, a decrease of 19.1% from the February 29th total of 1,570,000 shares. Based on an average trading volume of 365,900 shares, the days-to-cover ratio is presently 3.5 days.

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American Century Companies Inc. raised its holdings in shares of Kimbell Royalty Partners, LP (NYSE:KRP - Free Report) by 14.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 743,562 shares of the energy company's stock