Eubel Brady & Suttman Asset Management Inc. Purchases 100 Shares of Natural Resource Partners LP $NRP

Eubel Brady & Suttman Asset Management Inc. boosted its stake in shares of Natural Resource Partners LP (NYSE:NRP) by 0.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,500 shares of the energy company’s stock after purchasing an additional 100 shares during the quarter. Eubel Brady & Suttman Asset Management Inc.’s holdings in Natural Resource Partners were worth $11,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in NRP. Solidarity Wealth LLC boosted its holdings in Natural Resource Partners by 79.0% in the first quarter. Solidarity Wealth LLC now owns 165,017 shares of the energy company’s stock worth $17,145,000 after acquiring an additional 72,831 shares in the last quarter. ING Groep NV raised its position in Natural Resource Partners by 16.0% during the first quarter. ING Groep NV now owns 108,910 shares of the energy company’s stock valued at $11,316,000 after acquiring an additional 15,000 shares in the last quarter. Energy Income Partners LLC raised its position in Natural Resource Partners by 4.4% during the first quarter. Energy Income Partners LLC now owns 32,807 shares of the energy company’s stock valued at $3,409,000 after acquiring an additional 1,392 shares in the last quarter. Mountain Lake Investment Management LLC raised its position in Natural Resource Partners by 100.0% during the first quarter. Mountain Lake Investment Management LLC now owns 22,101 shares of the energy company’s stock valued at $2,296,000 after acquiring an additional 11,051 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. increased its position in shares of Natural Resource Partners by 1.0% in the first quarter. Pekin Hardy Strauss Inc. now owns 19,975 shares of the energy company’s stock valued at $2,075,000 after buying an additional 200 shares in the last quarter. Institutional investors own 31.77% of the company’s stock.

Natural Resource Partners Trading Down 0.9%

NYSE:NRP opened at $102.50 on Wednesday. Natural Resource Partners LP has a 52-week low of $86.83 and a 52-week high of $113.04. The stock’s 50 day moving average price is $103.99 and its 200 day moving average price is $100.74. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $1.33 billion, a PE ratio of 9.63 and a beta of 0.29.

Natural Resource Partners (NYSE:NRP) last posted its quarterly earnings data on Wednesday, August 6th. The energy company reported $2.52 earnings per share for the quarter. The company had revenue of $50.10 million during the quarter. Natural Resource Partners had a return on equity of 27.76% and a net margin of 65.19%.

Natural Resource Partners Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 26th. Shareholders of record on Tuesday, August 19th were given a dividend of $0.75 per share. The ex-dividend date of this dividend was Tuesday, August 19th. This represents a $3.00 annualized dividend and a yield of 2.9%. Natural Resource Partners’s dividend payout ratio (DPR) is presently 28.20%.

Insider Activity at Natural Resource Partners

In other news, VP Gregory F. Wooten sold 8,607 shares of Natural Resource Partners stock in a transaction on Monday, September 8th. The stock was sold at an average price of $100.24, for a total value of $862,765.68. Following the completion of the sale, the vice president owned 28,656 shares of the company’s stock, valued at $2,872,477.44. The trade was a 23.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 35.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Natural Resource Partners in a research note on Wednesday, October 8th. Wall Street Zen raised Natural Resource Partners from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy”.

Natural Resource Partners Company 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.