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

Natural Resource Partners (NYSE:NRP) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors 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, Based on data from MarketBeat, the company has an average rating of “Buy”.

Natural Resource Partners Stock Down 0.9%

Natural Resource Partners stock opened at $118.52 on Friday. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of 11.80 and a beta of 0.20. Natural Resource Partners has a 52-week low of $86.83 and a 52-week high of $128.60. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.14 and a current ratio of 1.85. The firm has a 50 day moving average price of $117.01 and a two-hundred day moving average price of $108.48.

Natural Resource Partners (NYSE:NRP) last posted its quarterly earnings data on Friday, February 27th. The energy company reported $2.27 EPS for the quarter. Natural Resource Partners had a net margin of 65.16% and a return on equity of 22.52%. The company had revenue of $48.40 million for the quarter.

Hedge Funds Weigh In On Natural Resource Partners

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC increased its position in Natural Resource Partners by 144.0% in the 2nd quarter. NewEdge Advisors LLC now owns 266 shares of the energy company’s stock valued at $25,000 after buying an additional 157 shares in the last quarter. Arlington Trust Co LLC acquired a new stake in Natural Resource Partners in the fourth quarter valued at approximately $104,000. Raymond James Financial Inc. bought a new stake in shares of Natural Resource Partners during the second quarter valued at approximately $137,000. State of Wyoming increased its holdings in shares of Natural Resource Partners by 65.4% during the third quarter. State of Wyoming now owns 1,871 shares of the energy company’s stock valued at $196,000 after acquiring an additional 740 shares in the last quarter. Finally, Novare Capital Management LLC acquired a new position in shares of Natural Resource Partners during the fourth quarter worth approximately $204,000. Institutional investors own 31.77% of the company’s stock.

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.