JPMorgan Chase & Co. Acquires 41,231 Shares of Natural Resource Partners LP (NRP)

JPMorgan Chase & Co. increased its holdings in shares of Natural Resource Partners LP (NYSE:NRP) by 6.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 698,438 shares of the energy company’s stock after acquiring an additional 41,231 shares during the quarter. JPMorgan Chase & Co. owned about 5.71% of Natural Resource Partners worth $17,252,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. GSA Capital Partners LLP acquired a new position in Natural Resource Partners during the second quarter worth about $254,000. Marshall Wace North America L.P. acquired a new position in Natural Resource Partners during the second quarter worth about $308,000. Bank of America Corp DE boosted its position in Natural Resource Partners by 5.5% during the first quarter. Bank of America Corp DE now owns 15,188 shares of the energy company’s stock worth $549,000 after acquiring an additional 790 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in 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 acquiring an additional 74,138 shares during the last quarter. Hedge funds and other institutional investors own 22.59% of the company’s stock.

Natural Resource Partners LP (NYSE:NRP) opened at $24.80 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 cap of $302.13, a PE ratio of 12.23 and a beta of 0.70. Natural Resource Partners LP has a fifty-two week low of $22.81 and a fifty-two week high of $45.60.

NRP has been the topic of a number of recent research reports. Zacks Investment Research lowered shares of Natural Resource Partners from a “hold” rating to a “strong sell” rating in a research report on Friday, November 10th. ValuEngine upgraded shares of Natural Resource Partners from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 1st. Finally, Stifel Nicolaus restated a “hold” rating on shares of Natural Resource Partners in a research report on Friday, October 13th.

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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.

Institutional Ownership by Quarter for Natural Resource Partners (NYSE:NRP)

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