Natural Resource Partners (NRP) Rating Lowered to Buy at ValuEngine

ValuEngine cut shares of Natural Resource Partners (NYSE:NRP) from a strong-buy rating to a buy rating in a report published on Tuesday morning.

Several other equities research analysts also recently weighed in on the company. Zacks Investment Research downgraded Natural Resource Partners from a hold rating to a strong sell rating in a report on Friday, November 10th. Stifel Nicolaus reissued a hold rating on shares of Natural Resource Partners in a report on Friday, October 13th.

Shares of Natural Resource Partners (NRP) opened at $32.45 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 0.89 and a debt-to-equity ratio of 3.12. The firm has a market capitalization of $390.20, a PE ratio of 12.98 and a beta of 0.70. Natural Resource Partners has a twelve month low of $22.81 and a twelve month high of $45.60.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Goldman Sachs Group Inc. lifted its holdings in shares of Natural Resource Partners by 16.7% during the second quarter. Goldman Sachs Group Inc. now owns 518,356 shares of the energy company’s stock worth $14,281,000 after purchasing an additional 74,138 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of Natural Resource Partners during the second quarter worth about $254,000. JPMorgan Chase & Co. lifted its holdings in shares of Natural Resource Partners by 6.3% during the third quarter. JPMorgan Chase & Co. now owns 698,438 shares of the energy company’s stock worth $17,252,000 after purchasing an additional 41,231 shares during the period. Maple Rock Capital Partners Inc. lifted its holdings in shares of Natural Resource Partners by 1.1% during the third quarter. Maple Rock Capital Partners Inc. now owns 686,110 shares of the energy company’s stock worth $16,981,000 after purchasing an additional 7,500 shares during the period. Finally, Marshall Wace North America L.P. acquired a new stake in shares of Natural Resource Partners during the second quarter worth about $308,000. 22.59% of the stock is owned by institutional investors and hedge funds.

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About Natural Resource Partners

Natural Resource Partners L.P. owns, operates, manages and leases a portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, construction aggregates and other natural resources. Coal Royalty and Other segment consists primarily of coal royalty and coal related transportation and processing assets.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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