12,000 Shares in Natural Resource Partners LP $NRP Bought by Fairholme Capital Management LLC

Fairholme Capital Management LLC bought a new position in shares of Natural Resource Partners LP (NYSE:NRP) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,000 shares of the energy company’s stock, valued at approximately $1,253,000. Natural Resource Partners comprises approximately 0.1% of Fairholme Capital Management LLC’s investment portfolio, making the stock its 11th biggest position. Fairholme Capital Management LLC owned approximately 0.09% of Natural Resource Partners as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Mountain Lake Investment Management LLC boosted its holdings in Natural Resource Partners by 43.2% during the fourth quarter. Mountain Lake Investment Management LLC now owns 65,330 shares of the energy company’s stock worth $6,821,000 after purchasing an additional 19,708 shares during the last quarter. Nitor Capital Management LLC acquired a new position in Natural Resource Partners during the fourth quarter worth $6,703,000. Royal Bank of Canada boosted its holdings in Natural Resource Partners by 62.8% during the fourth quarter. Royal Bank of Canada now owns 15,507 shares of the energy company’s stock worth $1,619,000 after purchasing an additional 5,981 shares during the last quarter. Saber Capital Managment LLC acquired a new position in Natural Resource Partners during the fourth quarter worth $21,766,000. Finally, Meixler Investment Management Ltd. boosted its holdings in Natural Resource Partners by 21.2% during the fourth quarter. Meixler Investment Management Ltd. now owns 94,506 shares of the energy company’s stock worth $9,866,000 after purchasing an additional 16,539 shares during the last quarter. Institutional investors and hedge funds own 31.77% of the company’s stock.

Natural Resource Partners Stock Performance

Shares of NRP stock opened at $100.52 on Thursday. The stock has a market cap of $1.33 billion, a P/E ratio of 11.81 and a beta of 0.14. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.09 and a quick ratio of 2.09. The company has a fifty day moving average price of $110.19 and a two-hundred day moving average price of $113.29. Natural Resource Partners LP has a one year low of $92.10 and a one year high of $128.60.

Natural Resource Partners (NYSE:NRP) last announced its quarterly earnings results on Wednesday, May 6th. The energy company reported $1.44 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $1.19. The firm had revenue of $47.18 million during the quarter, compared to analysts’ expectations of $37.80 million. Natural Resource Partners had a net margin of 61.28% and a return on equity of 18.49%.

Natural Resource Partners Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th were paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Tuesday, May 19th. Natural Resource Partners’s dividend payout ratio (DPR) is currently 35.25%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on NRP. Weiss Ratings cut shares of Natural Resource Partners from a “buy (b)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Wall Street Zen cut 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 Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Insider Activity

In related news, EVP Kevin J. Craig bought 336 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was bought at an average price of $102.18 per share, for a total transaction of $34,332.48. Following the purchase, the executive vice president owned 47,019 shares in the company, valued at $4,804,401.42. This represents a 0.72% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 35.30% of the company’s stock.

About Natural Resource Partners

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.