Alliance Resource Partners, L.P. (NASDAQ:ARLP) Shares Acquired by Disciplined Investments LLC

Disciplined Investments LLC grew its holdings in Alliance Resource Partners, L.P. (NASDAQ:ARLPFree Report) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 59,984 shares of the energy company’s stock after purchasing an additional 1,509 shares during the period. Disciplined Investments LLC’s holdings in Alliance Resource Partners were worth $1,577,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. BNP Paribas Financial Markets lifted its stake in shares of Alliance Resource Partners by 48.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 22,446 shares of the energy company’s stock valued at $561,000 after purchasing an additional 7,321 shares during the last quarter. Atlanta Consulting Group Advisors LLC acquired a new position in Alliance Resource Partners during the 3rd quarter worth about $29,144,000. Crescent Grove Advisors LLC lifted its stake in Alliance Resource Partners by 15.5% during the 3rd quarter. Crescent Grove Advisors LLC now owns 208,793 shares of the energy company’s stock worth $5,220,000 after acquiring an additional 28,016 shares in the last quarter. Recurrent Investment Advisors LLC lifted its stake in Alliance Resource Partners by 6.2% during the 3rd quarter. Recurrent Investment Advisors LLC now owns 1,145,145 shares of the energy company’s stock worth $28,629,000 after acquiring an additional 66,761 shares in the last quarter. Finally, Hidden Cove Wealth Management LLC acquired a new position in Alliance Resource Partners during the 4th quarter worth about $922,000. Institutional investors and hedge funds own 18.11% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. StockNews.com lowered Alliance Resource Partners from a “buy” rating to a “hold” rating in a research note on Wednesday, February 5th. Benchmark restated a “buy” rating and set a $29.00 price target (up previously from $27.00) on shares of Alliance Resource Partners in a report on Tuesday, February 4th. Finally, Singular Research downgraded Alliance Resource Partners from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, December 2nd.

View Our Latest Analysis on Alliance Resource Partners

Alliance Resource Partners Price Performance

Shares of NASDAQ ARLP opened at $25.08 on Tuesday. The stock’s 50-day moving average is $27.02 and its two-hundred day moving average is $25.96. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.36 and a quick ratio of 1.69. Alliance Resource Partners, L.P. has a 1-year low of $18.32 and a 1-year high of $30.56. The company has a market cap of $3.21 billion, a price-to-earnings ratio of 9.09 and a beta of 1.16.

Alliance Resource Partners (NASDAQ:ARLPGet Free Report) last released its quarterly earnings data on Monday, February 3rd. The energy company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.38). Alliance Resource Partners had a net margin of 14.74% and a return on equity of 19.09%. Analysts forecast that Alliance Resource Partners, L.P. will post 2.72 EPS for the current fiscal year.

Alliance Resource Partners Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were issued a $0.70 dividend. The ex-dividend date was Friday, February 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 11.16%. Alliance Resource Partners’s payout ratio is currently 101.45%.

Alliance Resource Partners Profile

(Free Report)

Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties.

See Also

Institutional Ownership by Quarter for Alliance Resource Partners (NASDAQ:ARLP)

Receive News & Ratings for Alliance Resource Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alliance Resource Partners and related companies with MarketBeat.com's FREE daily email newsletter.