Natural Resource Partners (NYSE:NRP) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Natural Resource Partners LP (NYSE:NRP) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $103.94 and traded as high as $121.04. Natural Resource Partners shares last traded at $118.3950, with a volume of 72,273 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “buy (b-)” rating on shares of Natural Resource Partners in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Natural Resource Partners Trading Up 0.9%

The company has a market cap of $1.53 billion, a price-to-earnings ratio of 10.84 and a beta of 0.20. The company’s 50 day moving average price is $105.57 and its 200 day moving average price is $103.94. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.14 and a current ratio of 2.14.

Natural Resource Partners (NYSE:NRP) last posted its earnings results on Tuesday, November 4th. The energy company reported $2.28 earnings per share for the quarter. The company had revenue of $49.93 million for the quarter. Natural Resource Partners had a return on equity of 25.31% and a net margin of 64.78%.

Natural Resource Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 25th. Stockholders of record on Tuesday, November 18th were paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Tuesday, November 18th. Natural Resource Partners’s payout ratio is presently 27.47%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. 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 worth $25,000 after purchasing an additional 157 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Natural Resource Partners in the second quarter valued at about $137,000. State of Wyoming lifted its stake in Natural Resource Partners by 65.4% during the third quarter. State of Wyoming now owns 1,871 shares of the energy company’s stock worth $196,000 after purchasing an additional 740 shares during the period. Avalon Capital Management bought a new stake in shares of Natural Resource Partners in the 3rd quarter valued at approximately $210,000. Finally, Jump Financial LLC lifted its position in shares of Natural Resource Partners by 8.1% during the 2nd quarter. Jump Financial LLC now owns 2,444 shares of the energy company’s stock worth $233,000 after buying an additional 184 shares during the period. Institutional investors and hedge funds own 31.77% of the company’s stock.

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.