Stock Worth Mentioning Today: Is Natural Resource Partners LP a Sell? The Stock Declines Again

Stock Worth Mentioning Today: Is Natural Resource Partners LP a Sell? The Stock Declines Again

The stock of Natural Resource Partners LP (NYSE:NRP) is a huge mover today! About 94,196 shares traded hands or 9.10% up from the average. Natural Resource Partners LP (NYSE:NRP) has risen 239.13% since April 18, 2016 and is uptrending. It has outperformed by 234.70% the S&P500.
The move comes after 7 months negative chart setup for the $374.00 million company. It was reported on Nov, 18 by Barchart.com. We have $29.44 PT which if reached, will make NYSE:NRP worth $44.88 million less.

Natural Resource Partners LP (NYSE:NRP) Ratings Coverage

Out of 3 analysts covering Natural Resource (NYSE:NRP), 0 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 0 are positive. Natural Resource has been the topic of 5 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm has “Sell” rating given on Thursday, September 17 by UBS. The firm has “Sell” rating by UBS given on Wednesday, August 10. As per Wednesday, November 9, the company rating was initiated by Seaport Global Securities. Cowen & Co maintained the stock with “Market Perform” rating in Thursday, August 6 report. The firm has “Market Perform” rating by Cowen & Co given on Monday, December 14.

According to Zacks Investment Research, “Natural Resource LP is a master limited partnership that engages principally in the business of owning and managing coal royalty properties in the three major coal-producing regions of the United States.”

Insitutional Activity: The institutional sentiment is 1 in Q2 2016. Its the same as in 2016Q1. The ratio is flat, as 1 funds sold all Natural Resource Partners LP shares owned while 0 reduced positions. only 0 funds bought stakes while 1 increased positions. They now own 21,347 shares or 29.85% less from 30,430 shares in 2016Q1.
Huntington Bancshares holds 0% or 275 shares in its portfolio. Inv Limited Liability Com has 20,872 shares for 0.03% of their US portfolio. Vantage Investment Ltd Limited Liability Company holds 0% of its portfolio in Natural Resource Partners LP (NYSE:NRP) for 200 shares.

More notable recent Natural Resource Partners LP (NYSE:NRP) news were published by: Prnewswire.com which released: “Natural Resource Partners L.P. Announces 2016 Third Quarter Results” on November 07, 2016, also Prnewswire.com with their article: “Natural Resource Partners Declares Quarterly Distribution” published on October 27, 2016, Prnewswire.com published: “Natural Resource Partners L.P. Announces 2016 Second Quarter Results” on August 04, 2016. More interesting news about Natural Resource Partners LP (NYSE:NRP) were released by: Moodys.com and their article: “Moody’s downgrades Natural Resource Partners to B3, outlook negative” published on March 15, 2016 as well as Zacks.com‘s news article titled: “Natural Resource Partners (NRP) to Gain from Rising Prices” with publication date: November 14, 2016.

NRP Company Profile

Natural Resource Partners L.P., incorporated on April 9, 2002, owns, operates, manages and leases a portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, natural gas and crude oil, construction aggregates, frac sand and other natural resources. The Firm operates through four divisions: Coal, Hard Mineral Royalty and Other, Soda Ash, VantaCore and Oil and Gas. The Company’s Coal, Hard Mineral Royalty and Other segment consists primarily of coal royalty, coal related transportation and processing assets, aggregate and industrial minerals royalty assets and timber. The Company’s coal reserves are primarily located in Appalachia, the Illinois Basin and the Western United States. The Company’s aggregates and industrial minerals are located in a number of states across the United States.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment