Natural Resource Partners LP (NYSE:NRP) has earned a consensus rating of “Hold” from the seven research firms that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $28.33.

A number of research analysts recently weighed in on the company. Stifel Nicolaus set a $31.00 price objective on Natural Resource Partners and gave the company a “hold” rating in a research report on Wednesday. ValuEngine raised Natural Resource Partners from a “buy” rating to a “strong-buy” rating in a research report on Thursday. BidaskClub raised Natural Resource Partners from a “strong sell” rating to a “sell” rating in a report on Saturday, August 5th. Finally, Zacks Investment Research lowered Natural Resource Partners from a “hold” rating to a “strong sell” rating in a report on Thursday.

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Natural Resource Partners (NYSE:NRP) traded down 1.10% during trading on Friday, hitting $26.95. The company had a trading volume of 24,093 shares. Natural Resource Partners has a 1-year low of $16.60 and a 1-year high of $45.60. The stock has a market capitalization of $329.65 million, a price-to-earnings ratio of 4.59 and a beta of 0.65. The company’s 50 day moving average price is $27.73 and its 200-day moving average price is $33.04.

Natural Resource Partners (NYSE:NRP) last posted its quarterly earnings data on Wednesday, May 10th. The energy company reported $0.03 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.67 by $1.64. Natural Resource Partners had a net margin of 19.14% and a return on equity of 36.75%. The company had revenue of $88.70 million for the quarter, compared to the consensus estimate of $89.49 million. On average, analysts expect that Natural Resource Partners will post $6.81 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 14th. Shareholders of record on Monday, August 7th will be issued a $0.45 dividend. This is a positive change from Natural Resource Partners’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Thursday, August 3rd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.68%. Natural Resource Partners’s dividend payout ratio (DPR) is presently 30.46%.

Several hedge funds have recently bought and sold shares of NRP. Chicago Partners Investment Group LLC raised its stake in Natural Resource Partners by 1.1% in the first quarter. Chicago Partners Investment Group LLC now owns 4,062 shares of the energy company’s stock worth $147,000 after buying an additional 44 shares during the last quarter. Wedbush Securities Inc. raised its stake in Natural Resource Partners by 1.8% in the first quarter. Wedbush Securities Inc. now owns 7,383 shares of the energy company’s stock worth $267,000 after buying an additional 127 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in Natural Resource Partners during the second quarter worth approximately $254,000. Marshall Wace North America L.P. acquired a new stake in Natural Resource Partners during the second quarter worth approximately $308,000. Finally, Bank of America Corp DE raised its stake in Natural Resource Partners by 5.5% in the first quarter. Bank of America Corp DE now owns 15,188 shares of the energy company’s stock worth $549,000 after buying an additional 790 shares during the last quarter. 21.59% of the stock is owned by institutional investors and hedge funds.

Natural Resource Partners Company Profile

Natural Resource Partners L.P. owns, operates, manages and leases a portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, construction aggregates and other natural resources. Coal Royalty and Other segment consists primarily of coal royalty and coal related transportation and processing assets.

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