Natural Resource Partners (NYSE:NRP) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Natural Resource Partners LP (NYSE:NRP) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $104.73 and traded as high as $115.00. Natural Resource Partners shares last traded at $113.97, with a volume of 62,525 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “buy (b-)” rating on shares of Natural Resource Partners in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy”.

Natural Resource Partners Stock Performance

The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 10.44 and a beta of 0.20. The company has a 50-day moving average price of $107.14 and a 200-day moving average price of $104.73. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.09.

Natural Resource Partners (NYSE:NRP) last announced its earnings results on Tuesday, November 4th. The energy company reported $2.28 earnings per share for the quarter. Natural Resource Partners had a return on equity of 25.31% and a net margin of 64.78%.The firm had revenue of $49.93 million for the quarter.

Natural Resource Partners Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 25th. Investors of record on Tuesday, November 18th were given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Tuesday, November 18th. Natural Resource Partners’s dividend payout ratio is currently 27.47%.

Institutional Trading of Natural Resource Partners

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Corient Private Wealth LLC lifted its position in Natural Resource Partners by 12,329.6% in the second quarter. Corient Private Wealth LLC now owns 621,478 shares of the energy company’s stock worth $59,357,000 after purchasing an additional 616,478 shares during the period. Solidarity Wealth LLC raised its stake in shares of Natural Resource Partners by 5.7% in the 3rd quarter. Solidarity Wealth LLC now owns 197,045 shares of the energy company’s stock worth $20,690,000 after buying an additional 10,652 shares in the last quarter. Meixler Investment Management Ltd. lifted its holdings in shares of Natural Resource Partners by 36.6% in the second quarter. Meixler Investment Management Ltd. now owns 67,502 shares of the energy company’s stock valued at $6,447,000 after buying an additional 18,102 shares during the period. Castalian Partners LLC boosted its stake in Natural Resource Partners by 13.9% during the second quarter. Castalian Partners LLC now owns 77,081 shares of the energy company’s stock valued at $7,362,000 after buying an additional 9,400 shares in the last quarter. Finally, MAS Advisors LLC grew its holdings in Natural Resource Partners by 4.3% during the second quarter. MAS Advisors LLC now owns 3,375 shares of the energy company’s stock worth $322,000 after acquiring an additional 140 shares during the period. 31.77% of the stock is currently owned by institutional investors.

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.