State of Wyoming Sells 1,364 Shares of Natural Resource Partners L.P. (NYSE:NRP)

State of Wyoming trimmed its position in Natural Resource Partners L.P. (NYSE:NRP) by 39.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,131 shares of the energy company’s stock after selling 1,364 shares during the period. State of Wyoming’s holdings in Natural Resource Partners were worth $237,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. US Bancorp DE bought a new stake in Natural Resource Partners in the 4th quarter worth about $33,000. Covestor Ltd grew its position in Natural Resource Partners by 26.1% in the 4th quarter. Covestor Ltd now owns 773 shares of the energy company’s stock worth $86,000 after purchasing an additional 160 shares in the last quarter. Larson Financial Group LLC bought a new stake in Natural Resource Partners in the 4th quarter worth about $89,000. Avalon Capital Management bought a new stake in Natural Resource Partners in the 4th quarter worth about $222,000. Finally, DHK Financial Advisors Inc. bought a new position in shares of Natural Resource Partners during the 4th quarter valued at approximately $438,000. 31.77% of the stock is owned by institutional investors.

Natural Resource Partners Stock Up 1.8%

Natural Resource Partners stock opened at $96.16 on Friday. Natural Resource Partners L.P. has a twelve month low of $81.74 and a twelve month high of $113.04. The firm has a 50 day moving average price of $99.78 and a 200-day moving average price of $103.51. The company has a market capitalization of $1.25 billion, a P/E ratio of 7.74 and a beta of 0.34. 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 (NYSE:NRP) last released its earnings results on Tuesday, May 6th. The energy company reported $2.97 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 firm had revenue of $60.54 million during the quarter.

Natural Resource Partners Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Tuesday, May 20th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date is Tuesday, May 20th. Natural Resource Partners’s dividend payout ratio is currently 28.82%.

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.