DHK Financial Advisors Inc. Invests $438,000 in Natural Resource Partners L.P. (NYSE:NRP)

DHK Financial Advisors Inc. acquired a new position in shares of Natural Resource Partners L.P. (NYSE:NRP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,942 shares of the energy company’s stock, valued at approximately $438,000.

A number of other hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Natural Resource Partners during the second quarter valued at approximately $34,000. Covestor Ltd acquired a new position in shares of Natural Resource Partners during the third quarter valued at about $60,000. Jane Street Group LLC bought a new stake in shares of Natural Resource Partners during the third quarter worth about $294,000. Landscape Capital Management L.L.C. acquired a new stake in shares of Natural Resource Partners in the 3rd quarter worth about $324,000. Finally, Exchange Traded Concepts LLC boosted 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 valued at $716,000 after purchasing an additional 898 shares during the last quarter. Institutional investors own 31.77% of the company’s stock.

Natural Resource Partners Stock Performance

Shares of Natural Resource Partners stock opened at $106.88 on Wednesday. Natural Resource Partners L.P. has a 52 week low of $81.74 and a 52 week high of $113.04. The company has a quick ratio of 2.33, a current ratio of 2.33 and a debt-to-equity ratio of 0.35. The business has a 50 day moving average price of $107.28 and a 200-day moving average price of $98.81. The company has a market cap of $1.39 billion, a PE ratio of 8.60 and a beta of 0.57.

Natural Resource Partners (NYSE:NRP) last issued its quarterly earnings data on Tuesday, November 5th. The energy company reported $2.00 earnings per share for the quarter. Natural Resource Partners had a return on equity of 39.69% and a net margin of 68.22%. The business had revenue of $60.33 million for the quarter.

Natural Resource Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Tuesday, November 19th were paid a $0.75 dividend. The ex-dividend date was Tuesday, November 19th. This represents a $3.00 annualized dividend and a yield of 2.81%. Natural Resource Partners’s dividend payout ratio (DPR) is 24.14%.

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.