Disciplined Investments LLC Grows Stake in Alliance Resource Partners, L.P. (NASDAQ:ARLP)

Disciplined Investments LLC increased its position in shares of Alliance Resource Partners, L.P. (NASDAQ:ARLP) by 2.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 59,984 shares of the energy company’s stock after buying an additional 1,509 shares during the quarter. Disciplined Investments LLC’s holdings in Alliance Resource Partners were worth $1,577,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in ARLP. Steward Partners Investment Advisory LLC purchased a new position in Alliance Resource Partners during the 4th quarter worth approximately $26,000. USA Financial Formulas acquired a new stake in Alliance Resource Partners during the 4th quarter worth approximately $33,000. Bogart Wealth LLC acquired a new stake in Alliance Resource Partners during the 4th quarter worth approximately $127,000. MONECO Advisors LLC acquired a new stake in Alliance Resource Partners during the 4th quarter worth approximately $201,000. Finally, Meridian Wealth Management LLC acquired a new stake in Alliance Resource Partners during the 4th quarter worth approximately $202,000. Hedge funds and other institutional investors own 18.11% of the company’s stock.

Alliance Resource Partners Stock Performance

Shares of ARLP stock opened at $25.08 on Tuesday. The stock has a fifty day moving average price of $27.02 and a 200 day moving average price of $25.96. The stock has a market cap of $3.21 billion, a PE ratio of 9.09 and a beta of 1.16. Alliance Resource Partners, L.P. has a 1 year low of $18.32 and a 1 year high of $30.56. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.69 and a current ratio of 2.36.

Alliance Resource Partners (NASDAQ:ARLP) last issued its quarterly earnings data on Monday, February 3rd. The energy company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.38). Alliance Resource Partners had a return on equity of 19.09% and a net margin of 14.74%. Sell-side analysts forecast that Alliance Resource Partners, L.P. will post 2.72 earnings per share for the current fiscal year.

Alliance Resource Partners Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 11.16%. The ex-dividend date of this dividend was Friday, February 7th. Alliance Resource Partners’s payout ratio is 101.45%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on ARLP shares. Singular Research cut Alliance Resource Partners from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, December 2nd. Benchmark reaffirmed a “buy” rating and set a $29.00 price objective (up from $27.00) on shares of Alliance Resource Partners in a research report on Tuesday, February 4th. Finally, StockNews.com cut Alliance Resource Partners from a “buy” rating to a “hold” rating in a report on Wednesday, February 5th.

About Alliance Resource Partners

Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties.