Jane Street Group LLC Makes New Investment in Natural Resource Partners L.P. (NYSE:NRP)

Jane Street Group LLC acquired a new position in shares of Natural Resource Partners L.P. (NYSE:NRP) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,003 shares of the energy company’s stock, valued at approximately $294,000.

Several other institutional investors also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Natural Resource Partners during the second quarter worth $34,000. Covestor Ltd acquired a new position in shares of Natural Resource Partners during the third quarter worth $60,000. Landscape Capital Management L.L.C. acquired a new position in shares of Natural Resource Partners during the third quarter worth $324,000. Exchange Traded Concepts LLC lifted 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 worth $716,000 after purchasing an additional 898 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. acquired a new position in shares of Natural Resource Partners during the second quarter worth $1,496,000. 31.77% of the stock is currently owned by hedge funds and other institutional investors.

Natural Resource Partners Trading Up 0.7 %

NYSE NRP opened at $104.92 on Friday. The company’s fifty day simple moving average is $106.29 and its 200-day simple moving average is $97.56. 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 current ratio of 2.33, a quick ratio of 2.33 and a debt-to-equity ratio of 0.35. The stock has a market cap of $1.36 billion, a P/E ratio of 8.44 and a beta of 0.57.

Natural Resource Partners Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Tuesday, November 19th were given a dividend of $0.75 per share. The ex-dividend date was Tuesday, November 19th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.86%. Natural Resource Partners’s payout ratio is currently 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.