StockNews.com Downgrades Natural Resource Partners (NYSE:NRP) to Buy

Natural Resource Partners (NYSE:NRP) was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a report released on Saturday.

Natural Resource Partners Trading Down 0.5 %

NYSE NRP opened at $87.75 on Friday. The stock has a market cap of $1.14 billion, a PE ratio of 6.48 and a beta of 0.51. Natural Resource Partners has a 12 month low of $64.04 and a 12 month high of $102.00. The company’s 50-day moving average price is $91.99 and its 200-day moving average price is $90.75. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.36.

Institutional Investors Weigh In On Natural Resource Partners

Several large investors have recently modified their holdings of NRP. Northwestern Mutual Wealth Management Co. purchased a new position in Natural Resource Partners during the second quarter valued at approximately $34,000. Ruedi Wealth Management Inc. purchased a new position in shares of Natural Resource Partners in the 1st quarter valued at $51,000. PEAK6 Investments LLC bought a new position in shares of Natural Resource Partners in the 1st quarter worth $207,000. Guyasuta Investment Advisors Inc. purchased a new stake in shares of Natural Resource Partners during the 4th quarter worth $278,000. Finally, Stokes Family Office LLC bought a new stake in Natural Resource Partners during the first quarter valued at about $518,000. Institutional investors own 31.77% of the company’s stock.

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.