ValuEngine downgraded shares of Natural Resource Partners LP (NYSE:NRP) from a buy rating to a hold rating in a report published on Thursday.

A number of other analysts also recently issued reports on the company. Stifel Nicolaus restated a hold rating on shares of Natural Resource Partners in a research report on Friday, October 13th. Zacks Investment Research upgraded Natural Resource Partners from a strong sell rating to a hold rating in a research report on Tuesday, October 10th. Finally, BidaskClub downgraded Natural Resource Partners from a sell rating to a strong sell rating in a research report on Friday, August 18th. Three equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. The company has an average rating of Hold and a consensus price target of $27.50.

Shares of Natural Resource Partners (NYSE NRP) traded up $0.05 on Thursday, reaching $25.95. The company had a trading volume of 10,900 shares, compared to its average volume of 15,735. The company has a market capitalization of $317.42, a P/E ratio of 12.85 and a beta of 0.73. Natural Resource Partners has a 12 month low of $22.81 and a 12 month high of $45.60. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.46 and a current ratio of 0.89.

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The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 14th. Stockholders of record on Tuesday, November 7th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, November 6th. This represents a $1.80 annualized dividend and a dividend yield of 6.94%. Natural Resource Partners’s dividend payout ratio (DPR) is 72.00%.

Large investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its position in shares of Natural Resource Partners by 16.7% during the second quarter. Goldman Sachs Group Inc. now owns 518,356 shares of the energy company’s stock worth $14,281,000 after purchasing an additional 74,138 shares during the last quarter. GSA Capital Partners LLP bought a new stake in shares of Natural Resource Partners during the second quarter worth $254,000. JPMorgan Chase & Co. lifted its position in shares of Natural Resource Partners by 64.6% during the second quarter. JPMorgan Chase & Co. now owns 657,207 shares of the energy company’s stock worth $18,106,000 after purchasing an additional 257,912 shares during the last quarter. Morgan Stanley lifted its position in shares of Natural Resource Partners by 488.5% during the first quarter. Morgan Stanley now owns 341,621 shares of the energy company’s stock worth $12,350,000 after purchasing an additional 283,574 shares during the last quarter. Finally, Marshall Wace North America L.P. bought a new stake in shares of Natural Resource Partners during the second quarter worth $308,000. Institutional investors and hedge funds own 20.31% of the company’s stock.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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