Natural Resource Partners LP (NYSE:NRP) Short Interest Update

Natural Resource Partners LP (NYSE:NRP) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 304,246 shares, an increase of 22.8% from the February 12th total of 247,776 shares. Based on an average daily volume of 54,026 shares, the days-to-cover ratio is presently 5.6 days. Currently, 3.5% of the company’s shares are sold short. Currently, 3.5% of the company’s shares are sold short. Based on an average daily volume of 54,026 shares, the days-to-cover ratio is presently 5.6 days.

Institutional Trading of Natural Resource Partners

Hedge funds have recently modified their holdings of the stock. Morgan Stanley increased its stake in Natural Resource Partners by 14.3% in the fourth quarter. Morgan Stanley now owns 1,006,232 shares of the energy company’s stock valued at $105,051,000 after purchasing an additional 125,530 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Natural Resource Partners by 9.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 748,185 shares of the energy company’s stock valued at $78,111,000 after acquiring an additional 63,350 shares during the period. Corient Private Wealth LLC boosted its position in shares of Natural Resource Partners by 12,329.6% in the second quarter. Corient Private Wealth LLC now owns 621,478 shares of the energy company’s stock valued at $59,357,000 after acquiring an additional 616,478 shares during the period. Progeny 3 Inc. increased its stake in Natural Resource Partners by 3.3% during the 3rd quarter. Progeny 3 Inc. now owns 312,523 shares of the energy company’s stock worth $32,815,000 after acquiring an additional 9,973 shares during the period. Finally, Solidarity Wealth LLC raised its position in shares of Natural Resource Partners by 9.0% in the 4th quarter. Solidarity Wealth LLC now owns 214,776 shares of the energy company’s stock valued at $22,423,000 after buying an additional 17,731 shares in the last quarter. 31.77% of the stock is owned by institutional investors.

Natural Resource Partners Trading Up 1.1%

Shares of NYSE:NRP traded up $1.23 during mid-day trading on Tuesday, hitting $118.00. The stock had a trading volume of 42,868 shares, compared to its average volume of 48,127. The company’s 50 day moving average is $118.79 and its 200-day moving average is $109.23. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.85 and a current ratio of 1.85. The company has a market cap of $1.56 billion, a PE ratio of 11.75 and a beta of 0.20. Natural Resource Partners has a 12-month low of $86.83 and a 12-month high of $128.60.

Natural Resource Partners (NYSE:NRP) last posted its earnings results on Friday, February 27th. The energy company reported $2.27 earnings per share for the quarter. The company had revenue of $48.40 million for the quarter. Natural Resource Partners had a return on equity of 22.52% and a net margin of 65.16%.

Natural Resource Partners Dividend Announcement

The firm also recently declared a special dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 10th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. Natural Resource Partners’s payout ratio is 29.88%.

Analyst Ratings Changes

A number of equities analysts have weighed in on NRP shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Natural Resource Partners in a report on Thursday, January 22nd. Wall Street Zen lowered shares of Natural Resource Partners from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy”.

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.