Stokes Family Office LLC Purchases New Position in Natural Resource Partners L.P. (NYSE:NRP)

Stokes Family Office LLC acquired a new position in shares of Natural Resource Partners L.P. (NYSE:NRP) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 5,625 shares of the energy company’s stock, valued at approximately $518,000.

Several other large investors have also recently made changes to their positions in the company. Ruedi Wealth Management Inc. purchased a new stake in Natural Resource Partners during the 1st quarter valued at about $51,000. Guyasuta Investment Advisors Inc. acquired a new stake in shares of Natural Resource Partners in the fourth quarter valued at approximately $278,000. GSA Capital Partners LLP lifted its position in Natural Resource Partners by 8.4% during the third quarter. GSA Capital Partners LLP now owns 10,366 shares of the energy company’s stock worth $818,000 after buying an additional 799 shares in the last quarter. Anthracite Investment Company Inc. acquired a new position in Natural Resource Partners during the fourth quarter worth $1,260,000. Finally, ING Groep NV grew its holdings in Natural Resource Partners by 24.5% in the 4th quarter. ING Groep NV now owns 25,400 shares of the energy company’s stock valued at $2,351,000 after buying an additional 5,000 shares in the last quarter. 31.77% of the stock is currently owned by institutional investors and hedge funds.

Natural Resource Partners Trading Up 0.3 %

Shares of NRP stock traded up $0.30 on Friday, hitting $97.84. 23,663 shares of the stock traded hands, compared to its average volume of 26,137. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.76 and a current ratio of 1.76. Natural Resource Partners L.P. has a twelve month low of $52.99 and a twelve month high of $102.00. The firm’s 50-day moving average price is $91.48 and its two-hundred day moving average price is $91.71. The stock has a market capitalization of $1.27 billion, a PE ratio of 7.23 and a beta of 0.51.

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

Natural Resource Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 28th. Shareholders of record on Tuesday, May 21st were paid a $0.75 dividend. The ex-dividend date of this dividend was Monday, May 20th. This represents a $3.00 annualized dividend and a dividend yield of 3.07%. Natural Resource Partners’s dividend payout ratio (DPR) is 22.16%.

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.