Natural Resource Partners L.P. (NYSE:NRP) Position Lowered by MAS Advisors LLC

MAS Advisors LLC reduced its position in Natural Resource Partners L.P. (NYSE:NRP) by 39.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,281 shares of the energy company’s stock after selling 2,160 shares during the quarter. MAS Advisors LLC’s holdings in Natural Resource Partners were worth $364,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. bought a new position in shares of Natural Resource Partners during the second quarter valued at approximately $34,000. Covestor Ltd acquired a new position in Natural Resource Partners during the 3rd quarter valued at approximately $60,000. Exchange Traded Concepts LLC grew its stake in Natural Resource Partners by 14.0% during the 3rd quarter. Exchange Traded Concepts LLC now owns 7,322 shares of the energy company’s stock worth $716,000 after buying an additional 898 shares during the last quarter. Pekin Hardy Strauss Inc. increased its position in Natural Resource Partners by 7.5% in the third quarter. Pekin Hardy Strauss Inc. now owns 17,950 shares of the energy company’s stock worth $1,756,000 after buying an additional 1,260 shares during the period. Finally, Jane Street Group LLC acquired a new stake in Natural Resource Partners in the third quarter worth $294,000. Institutional investors and hedge funds own 31.77% of the company’s stock.

Natural Resource Partners Stock Performance

Shares of NRP opened at $104.40 on Wednesday. The firm has a fifty day moving average of $107.19 and a 200-day moving average of $99.22. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 8.40 and a beta of 0.56. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.33 and a current ratio of 2.33. Natural Resource Partners L.P. has a 1 year low of $81.74 and a 1 year high of $113.04.

Natural Resource Partners (NYSE:NRP) last posted its earnings results on Tuesday, November 5th. The energy company reported $2.00 earnings per share (EPS) 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 $60.33 million during the quarter.

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.