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

Natural Resource Partners (NYSE:NRP) was downgraded by investment 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 analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy”.

Natural Resource Partners Stock Down 0.9%

NRP stock opened at $118.52 on Friday. The stock’s fifty day simple moving average is $117.01 and its two-hundred day simple moving average is $108.56. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.03. Natural Resource Partners has a 1-year low of $86.83 and a 1-year high of $128.60. The stock 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 announced its earnings results on Friday, February 27th. The energy company reported $2.27 earnings per share (EPS) for the quarter. The firm had revenue of $48.40 million during the quarter. Natural Resource Partners had a return on equity of 22.52% and a net margin of 65.16%.

Institutional Trading of Natural Resource Partners

Hedge funds have recently made changes to their positions in the company. Meixler Investment Management Ltd. increased its holdings in Natural Resource Partners by 15.5% in the 3rd quarter. Meixler Investment Management Ltd. now owns 77,967 shares of the energy company’s stock worth $8,187,000 after acquiring an additional 10,465 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in Natural Resource Partners by 12,329.6% during the second quarter. Corient Private Wealth LLC now owns 621,478 shares of the energy company’s stock valued at $59,357,000 after purchasing an additional 616,478 shares during the last quarter. ING Groep NV boosted its position in Natural Resource Partners by 33.4% during the third quarter. ING Groep NV now owns 162,400 shares of the energy company’s stock worth $17,052,000 after purchasing an additional 40,700 shares during the period. Solidarity Wealth LLC boosted its position in Natural Resource Partners by 5.7% during the third quarter. Solidarity Wealth LLC now owns 197,045 shares of the energy company’s stock worth $20,690,000 after purchasing an additional 10,652 shares during the period. Finally, Castalian Partners LLC increased its stake in shares of Natural Resource Partners by 13.9% in the second quarter. Castalian Partners LLC now owns 77,081 shares of the energy company’s stock worth $7,362,000 after purchasing an additional 9,400 shares in the last quarter. 31.77% of the stock is currently owned by institutional investors.

About Natural Resource Partners

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.