Natural Resource Partners L.P. (NYSE:NRP) Shares Bought by ING Groep NV

ING Groep NV boosted its holdings in shares of Natural Resource Partners L.P. (NYSE:NRP) by 20.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 65,310 shares of the energy company’s stock after purchasing an additional 10,910 shares during the period. ING Groep NV owned about 0.50% of Natural Resource Partners worth $6,387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the stock. L1 Capital International Pty Ltd purchased a new position in shares of Natural Resource Partners during the 1st quarter valued at approximately $13,890,000. Eubel Brady & Suttman Asset Management Inc. boosted its position in shares of Natural Resource Partners by 1,035.2% during the 2nd quarter. Eubel Brady & Suttman Asset Management Inc. now owns 117,100 shares of the energy company’s stock worth $10,497,000 after purchasing an additional 106,785 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Natural Resource Partners in the 3rd quarter valued at $5,433,000. Solidarity Wealth LLC boosted its position in Natural Resource Partners by 1,038.6% in the 3rd quarter. Solidarity Wealth LLC now owns 46,615 shares of the energy company’s stock valued at $4,559,000 after buying an additional 42,521 shares during the period. Finally, Pekin Hardy Strauss Inc. purchased a new stake in shares of Natural Resource Partners during the second quarter worth approximately $1,496,000. Hedge funds and other institutional investors own 31.77% of the company’s stock.

Natural Resource Partners Stock Down 1.7 %

Natural Resource Partners stock opened at $105.66 on Friday. The stock has a 50 day moving average of $97.38 and a two-hundred day moving average of $92.99. Natural Resource Partners L.P. has a twelve month low of $68.32 and a twelve month high of $111.46. The company has a current ratio of 2.33, a quick ratio of 2.33 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of 8.50 and a beta of 0.50.

Natural Resource Partners Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Tuesday, November 19th will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date is Tuesday, November 19th. Natural Resource Partners’s dividend payout ratio (DPR) is 24.14%.

Analyst Ratings Changes

Separately, StockNews.com lowered Natural Resource Partners from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 17th.

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.