2,000 Shares in Natural Resource Partners L.P. (NYSE:NRP) Purchased by Avalon Capital Management

Avalon Capital Management bought a new stake in Natural Resource Partners L.P. (NYSE:NRP) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 2,000 shares of the energy company’s stock, valued at approximately $222,000.

A number of other large investors also recently bought and sold shares of the company. Covestor Ltd acquired a new stake in Natural Resource Partners during the third quarter worth about $60,000. Jane Street Group LLC acquired a new position in Natural Resource Partners during the 3rd quarter valued at about $294,000. Landscape Capital Management L.L.C. acquired a new position in shares of Natural Resource Partners during the third quarter valued at approximately $324,000. DHK Financial Advisors Inc. acquired a new stake in shares of Natural Resource Partners in the fourth quarter valued at $438,000. Finally, Mountain Lake Investment Management LLC bought a new position in shares of Natural Resource Partners during the 4th quarter valued at about $1,222,000. Institutional investors own 31.77% of the company’s stock.

Natural Resource Partners Price Performance

NYSE NRP opened at $98.55 on Tuesday. 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. The stock has a market capitalization of $1.28 billion, a P/E ratio of 7.93 and a beta of 0.56. The business’s fifty day moving average is $105.42 and its two-hundred day moving average is $100.32.

Natural Resource Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 25th. Stockholders of record on Tuesday, February 18th will be issued a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 3.04%. Natural Resource Partners’s payout ratio is currently 24.14%.

Natural Resource Partners 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.