Natural Resource Partners (NYSE:NRP) Lowered to Hold Rating by Wall Street Zen

Natural Resource Partners (NYSE:NRP) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.

Separately, Weiss Ratings restated a “buy (b-)” rating on shares of Natural Resource Partners in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy”.

Natural Resource Partners Trading Down 0.9%

Shares of NRP stock opened at $118.52 on Friday. The company has a quick ratio of 2.14, a current ratio of 1.85 and a debt-to-equity ratio of 0.03. The company has a 50 day moving average of $117.01 and a 200-day moving average of $108.48. Natural Resource Partners has a 12-month low of $86.83 and a 12-month high of $128.60. The firm has a market cap of $1.57 billion, a P/E ratio of 11.80 and a beta of 0.20.

Natural Resource Partners (NYSE:NRP) last released its quarterly earnings data on Friday, February 27th. The energy company reported $2.27 EPS for the quarter. The business had revenue of $48.40 million for the quarter. Natural Resource Partners had a net margin of 65.16% and a return on equity of 22.52%.

Hedge Funds Weigh In On Natural Resource Partners

Several large investors have recently modified their holdings of the stock. NewEdge Advisors LLC raised its holdings in Natural Resource Partners by 144.0% in the 2nd quarter. NewEdge Advisors LLC now owns 266 shares of the energy company’s stock worth $25,000 after acquiring an additional 157 shares during the last quarter. Arlington Trust Co LLC bought a new position in Natural Resource Partners in the fourth quarter worth approximately $104,000. Raymond James Financial Inc. purchased a new stake in Natural Resource Partners in the second quarter worth about $137,000. State of Wyoming increased its holdings in Natural Resource Partners by 65.4% in the 3rd quarter. State of Wyoming now owns 1,871 shares of the energy company’s stock worth $196,000 after acquiring an additional 740 shares in the last quarter. Finally, Novare Capital Management LLC bought a new stake in shares of Natural Resource Partners during the 4th quarter valued at $204,000. Hedge funds and other institutional investors own 31.77% of the company’s stock.

Natural Resource Partners Company Profile

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.