Meixler Investment Management Ltd. Has $2.61 Million Stake in Natural Resource Partners L.P. (NYSE:NRP)

Meixler Investment Management Ltd. grew its stake in shares of Natural Resource Partners L.P. (NYSE:NRP) by 2.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,182 shares of the energy company’s stock after purchasing an additional 630 shares during the quarter. Natural Resource Partners makes up 2.2% of Meixler Investment Management Ltd.’s portfolio, making the stock its 10th largest holding. Meixler Investment Management Ltd.’s holdings in Natural Resource Partners were worth $2,609,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. GSA Capital Partners LLP grew its holdings in shares of 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 valued at $818,000 after purchasing an additional 799 shares during the last quarter. Raymond James & Associates bought a new position in Natural Resource Partners in the 3rd quarter worth approximately $221,000. Jump Financial LLC bought a new position in Natural Resource Partners in the 3rd quarter worth approximately $252,000. Commonwealth Equity Services LLC bought a new position in Natural Resource Partners in the 3rd quarter worth approximately $258,000. Finally, ING Groep NV grew its holdings in Natural Resource Partners by 410.0% in the 3rd quarter. ING Groep NV now owns 20,400 shares of the energy company’s stock worth $1,609,000 after buying an additional 16,400 shares in the last quarter. 31.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Natural Resource Partners from a “buy” rating to a “strong-buy” rating in a report on Friday, March 8th.

Natural Resource Partners Stock Performance

NRP stock traded up $2.33 on Friday, reaching $91.73. The company’s stock had a trading volume of 10,163 shares, compared to its average volume of 21,775. Natural Resource Partners L.P. has a 52 week low of $44.68 and a 52 week high of $102.00. The company has a market capitalization of $1.19 billion, a P/E ratio of 6.98 and a beta of 0.46. The firm has a fifty day moving average of $90.00 and a two-hundred day moving average of $85.75. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.11 and a quick ratio of 1.11.

Natural Resource Partners (NYSE:NRP) last issued its quarterly earnings data on Thursday, March 7th. The energy company reported $4.31 earnings per share (EPS) for the quarter. The business had revenue of $93.16 million during the quarter. Natural Resource Partners had a return on equity of 44.05% and a net margin of 59.68%.

Natural Resource Partners Increases Dividend

The company also recently announced a None dividend, which was paid on Tuesday, March 26th. Shareholders of record on Tuesday, March 19th were given a $2.44 dividend. This is an increase from Natural Resource Partners’s previous None dividend of $2.43. The ex-dividend date of this dividend was Monday, March 18th. Natural Resource Partners’s dividend payout ratio is 22.81%.

Natural Resource Partners 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.