Natural Resource Partners (NYSE:NRP) Reaches New 12-Month Low – Should You Sell?

Natural Resource Partners LP (NYSE:NRP) shares reached a new 52-week low during trading on Friday . The company traded as low as $96.16 and last traded at $96.5950, with a volume of 21449 shares traded. The stock had previously closed at $97.82.

Analyst Ratings Changes

Separately, Weiss Ratings lowered Natural Resource Partners from a “buy (b)” rating to a “hold (c+)” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Natural Resource Partners Price Performance

The company has a market cap of $1.28 billion, a P/E ratio of 11.35 and a beta of 0.15. The company has a fifty day simple moving average of $102.39 and a 200-day simple moving average of $112.51. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.09 and a quick ratio of 2.09.

Natural Resource Partners (NYSE:NRP) last released its quarterly earnings data on Wednesday, May 6th. The energy company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $0.25 by $1.19. The business had revenue of $47.18 million during the quarter, compared to analyst estimates of $37.80 million. Natural Resource Partners had a return on equity of 18.49% and a net margin of 61.28%.

Natural Resource Partners Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 19th were paid a $0.75 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.00 dividend on an annualized basis and a yield of 3.1%. Natural Resource Partners’s dividend payout ratio (DPR) is currently 35.25%.

Insider Transactions at Natural Resource Partners

In other news, EVP Kevin J. Craig acquired 336 shares of Natural Resource Partners stock in a transaction on Tuesday, May 26th. The stock was bought at an average cost of $102.18 per share, with a total value of $34,332.48. Following the completion of the purchase, the executive vice president owned 47,019 shares of the company’s stock, valued at $4,804,401.42. This represents a 0.72% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 35.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in NRP. Annandale Capital LLC lifted its position in Natural Resource Partners by 0.4% in the 4th quarter. Annandale Capital LLC now owns 26,207 shares of the energy company’s stock worth $2,736,000 after buying an additional 107 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Natural Resource Partners by 144.0% during the 2nd quarter. NewEdge Advisors LLC now owns 266 shares of the energy company’s stock valued at $25,000 after acquiring an additional 157 shares in the last quarter. Jump Financial LLC increased its stake in shares of Natural Resource Partners by 8.1% in the second quarter. Jump Financial LLC now owns 2,444 shares of the energy company’s stock worth $233,000 after acquiring an additional 184 shares during the last quarter. Novare Capital Management LLC increased its stake in shares of Natural Resource Partners by 11.5% in the first quarter. Novare Capital Management LLC now owns 2,175 shares of the energy company’s stock worth $263,000 after acquiring an additional 225 shares during the last quarter. Finally, First Foundation Advisors raised its holdings in shares of Natural Resource Partners by 3.2% during the third quarter. First Foundation Advisors now owns 7,941 shares of the energy company’s stock worth $834,000 after acquiring an additional 245 shares in the last quarter. 31.77% of the stock is owned by hedge funds and other institutional investors.

Natural Resource Partners Company Profile

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.