Larson Financial Group LLC Makes New Investment in Natural Resource Partners L.P. (NYSE:NRP)

Larson Financial Group LLC acquired a new position in shares of Natural Resource Partners L.P. (NYSE:NRP) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 800 shares of the energy company’s stock, valued at approximately $89,000.

A number of other large investors also recently bought and sold shares of the company. US Bancorp DE purchased a new position in Natural Resource Partners during the 4th quarter worth $33,000. Avalon Capital Management acquired a new position in shares of Natural Resource Partners during the 4th quarter worth $222,000. ING Groep NV grew its stake in shares of Natural Resource Partners by 43.8% during the 4th quarter. ING Groep NV now owns 93,910 shares of the energy company’s stock worth $10,424,000 after purchasing an additional 28,600 shares during the period. Meixler Investment Management Ltd. grew its stake in shares of Natural Resource Partners by 11.5% during the 4th quarter. Meixler Investment Management Ltd. now owns 45,591 shares of the energy company’s stock worth $5,061,000 after purchasing an additional 4,706 shares during the period. Finally, Mountain Lake Investment Management LLC acquired a new position in shares of Natural Resource Partners during the 4th quarter worth $1,222,000. Hedge funds and other institutional investors own 31.77% of the company’s stock.

Natural Resource Partners Stock Performance

NYSE:NRP opened at $103.88 on Thursday. The company has a quick ratio of 2.33, a current ratio of 2.33 and a debt-to-equity ratio of 0.35. Natural Resource Partners L.P. has a fifty-two week low of $81.74 and a fifty-two week high of $113.04. The stock has a market cap of $1.35 billion, a PE ratio of 8.36 and a beta of 0.39. The firm’s fifty day simple moving average is $104.54 and its 200-day simple moving average is $101.32.

Natural Resource Partners (NYSE:NRP) last posted its quarterly earnings results on Friday, February 28th. The energy company reported $3.15 earnings per share for the quarter. Natural Resource Partners had a net margin of 68.22% and a return on equity of 39.69%. The business had revenue of $65.73 million for the quarter.

Natural Resource Partners Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 11th will be paid a dividend of $1.21 per share. The ex-dividend date of this dividend is Tuesday, March 11th. This is a boost from Natural Resource Partners’s previous dividend of $0.35. Natural Resource Partners’s dividend payout ratio is 26.62%.

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.