Natural Resource Partners L.P. (NYSE:NRP) Stake Lessened by MAS Advisors LLC

MAS Advisors LLC lessened its stake in shares of Natural Resource Partners L.P. (NYSE:NRP) by 39.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,281 shares of the energy company’s stock after selling 2,160 shares during the period. MAS Advisors LLC’s holdings in Natural Resource Partners were worth $364,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Natural Resource Partners during the 2nd quarter valued at $34,000. Covestor Ltd bought a new position in Natural Resource Partners during the third quarter valued at about $60,000. Exchange Traded Concepts LLC grew its holdings in Natural Resource Partners by 14.0% during the third quarter. Exchange Traded Concepts LLC now owns 7,322 shares of the energy company’s stock worth $716,000 after acquiring an additional 898 shares during the period. Pekin Hardy Strauss Inc. raised 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 acquiring an additional 1,260 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in Natural Resource Partners in the 3rd quarter valued at about $294,000. 31.77% of the stock is currently owned by institutional investors and hedge funds.

Natural Resource Partners Stock Performance

NYSE:NRP opened at $104.40 on Wednesday. The company has a current ratio of 2.33, a quick ratio of 2.33 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average of $107.19 and a 200-day moving average of $99.22. Natural Resource Partners L.P. has a twelve month low of $81.74 and a twelve month high of $113.04. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 8.40 and a beta of 0.56.

Natural Resource Partners (NYSE:NRP) last posted its quarterly 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 for the quarter.

About Natural Resource Partners

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.