Natural Resource Partners L.P. (NYSE:NRP) Holdings Boosted by Meixler Investment Management Ltd.

Meixler Investment Management Ltd. boosted its position in shares of Natural Resource Partners L.P. (NYSE:NRP) by 11.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,591 shares of the energy company’s stock after acquiring an additional 4,706 shares during the period. Natural Resource Partners accounts for about 3.7% of Meixler Investment Management Ltd.’s investment portfolio, making the stock its 7th largest position. Meixler Investment Management Ltd.’s holdings in Natural Resource Partners were worth $5,061,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NRP. Covestor Ltd bought a new stake in shares of Natural Resource Partners during the third quarter valued at approximately $60,000. Jane Street Group LLC bought a new stake in shares of Natural Resource Partners during the third quarter valued at approximately $294,000. Landscape Capital Management L.L.C. bought a new stake in shares of Natural Resource Partners during the third quarter valued at approximately $324,000. DHK Financial Advisors Inc. bought a new stake in shares of Natural Resource Partners during the fourth quarter valued at approximately $438,000. Finally, Exchange Traded Concepts LLC raised its position in shares of Natural Resource Partners by 14.0% during the third quarter. Exchange Traded Concepts LLC now owns 7,322 shares of the energy company’s stock valued at $716,000 after buying an additional 898 shares during the last quarter. Institutional investors own 31.77% of the company’s stock.

Natural Resource Partners Trading Down 0.1 %

Shares of NRP opened at $102.63 on Friday. The company’s fifty day moving average is $106.15 and its 200 day moving average is $99.85. Natural Resource Partners L.P. has a fifty-two week low of $81.74 and a fifty-two week high of $113.04. The stock has a market capitalization of $1.33 billion, a PE ratio of 8.26 and a beta of 0.56. 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 25th. Shareholders 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 yield of 2.92%. Natural Resource Partners’s dividend payout ratio is presently 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.