Natural Resource Partners (NYSE:NRP) Shares Up 2%

Natural Resource Partners L.P. (NYSE:NRP)’s share price was up 2% on Monday . The stock traded as high as $91.50 and last traded at $91.00. Approximately 27,290 shares traded hands during mid-day trading, an increase of 5% from the average daily volume of 26,107 shares. The stock had previously closed at $89.21.

Natural Resource Partners Stock Up 3.7 %

The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.76 and a current ratio of 1.76. The business’s 50 day simple moving average is $91.96 and its 200-day simple moving average is $91.17. The company has a market cap of $1.20 billion, a price-to-earnings ratio of 6.86 and a beta of 0.51.

Natural Resource Partners (NYSE:NRP) last posted its quarterly earnings results on Tuesday, May 7th. The energy company reported $3.83 earnings per share for the quarter. The company had revenue of $76.41 million during the quarter. Natural Resource Partners had a return on equity of 43.30% and a net margin of 62.93%.

Institutional Trading of Natural Resource Partners

Several large investors have recently added to or reduced their stakes in NRP. Ruedi Wealth Management Inc. bought a new position in Natural Resource Partners during the first quarter valued at about $51,000. PEAK6 Investments LLC bought a new stake in shares of Natural Resource Partners in the first quarter valued at approximately $207,000. Guyasuta Investment Advisors Inc. acquired a new stake in shares of Natural Resource Partners in the fourth quarter worth $278,000. Stokes Family Office LLC bought a new position in Natural Resource Partners during the first quarter worth $518,000. Finally, MAS Advisors LLC raised its stake in Natural Resource Partners by 73.8% during the 1st quarter. MAS Advisors LLC now owns 5,682 shares of the energy company’s stock valued at $523,000 after purchasing an additional 2,413 shares during the last quarter. 31.77% of the stock is owned by institutional investors.

Natural Resource Partners Company Profile

Natural Resource Partners L.P., together with its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates in two segments, Mineral Rights and Soda Ash. The company owns interests in coal, soda ash, trona, and other natural resources. Its coal reserves are primarily located in the Appalachia Basin, the Illinois Basin, and the Northern Powder River Basin in the United States; industrial minerals and aggregates properties located in the United States; and oil and gas properties located in Louisiana.