91,700 Shares in Alliance Resource Partners, L.P. (ARLP) Purchased by Rational Advisors LLC

Rational Advisors LLC bought a new position in shares of Alliance Resource Partners, L.P. (NASDAQ:ARLP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 91,700 shares of the energy company’s stock, valued at approximately $1,806,000. Alliance Resource Partners accounts for approximately 0.9% of Rational Advisors LLC’s portfolio, making the stock its 15th biggest holding. Rational Advisors LLC owned approximately 0.07% of Alliance Resource Partners at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Principal Financial Group Inc. increased its position in shares of Alliance Resource Partners by 16.2% during the third quarter. Principal Financial Group Inc. now owns 1,754,786 shares of the energy company’s stock worth $33,954,000 after acquiring an additional 245,133 shares during the period. JPMorgan Chase & Co. increased its position in shares of Alliance Resource Partners by 12.6% during the third quarter. JPMorgan Chase & Co. now owns 843,816 shares of the energy company’s stock worth $15,738,000 after acquiring an additional 94,379 shares during the period. First Manhattan Co. increased its position in shares of Alliance Resource Partners by 10.7% during the fourth quarter. First Manhattan Co. now owns 412,639 shares of the energy company’s stock worth $8,128,000 after acquiring an additional 40,000 shares during the period. Adams Asset Advisors LLC increased its position in shares of Alliance Resource Partners by 8.7% during the fourth quarter. Adams Asset Advisors LLC now owns 336,041 shares of the energy company’s stock worth $6,620,000 after acquiring an additional 26,995 shares during the period. Finally, Foundry Partners LLC increased its position in shares of Alliance Resource Partners by 3.3% during the fourth quarter. Foundry Partners LLC now owns 221,064 shares of the energy company’s stock worth $4,355,000 after acquiring an additional 7,049 shares during the period. 14.19% of the stock is currently owned by institutional investors and hedge funds.

Alliance Resource Partners, L.P. (ARLP) opened at $18.60 on Tuesday. The stock has a market cap of $2,352.67, a P/E ratio of 5.88 and a beta of 0.67. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.53 and a current ratio of 0.82. Alliance Resource Partners, L.P. has a 1-year low of $17.60 and a 1-year high of $24.85.

Alliance Resource Partners (NASDAQ:ARLP) last issued its quarterly earnings data on Monday, January 29th. The energy company reported $0.55 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by ($0.03). The business had revenue of $483.00 million for the quarter, compared to analysts’ expectations of $478.15 million. Alliance Resource Partners had a net margin of 16.90% and a return on equity of 26.77%. The business’s quarterly revenue was down 8.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.30 earnings per share. equities analysts predict that Alliance Resource Partners, L.P. will post 2.24 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 14th. Investors of record on Wednesday, February 7th will be issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 10.97%. This is a positive change from Alliance Resource Partners’s previous quarterly dividend of $0.51. The ex-dividend date is Tuesday, February 6th. Alliance Resource Partners’s dividend payout ratio (DPR) is presently 68.23%.

ARLP has been the topic of a number of research reports. Zacks Investment Research lowered shares of Alliance Resource Partners from a “buy” rating to a “sell” rating in a research report on Friday, October 27th. FBR & Co set a $30.00 price objective on shares of Alliance Resource Partners and gave the company a “buy” rating in a report on Tuesday, October 31st. B. Riley reissued a “buy” rating on shares of Alliance Resource Partners in a report on Wednesday, November 1st. Stifel Nicolaus cut their price objective on shares of Alliance Resource Partners from $22.00 to $21.00 and set a “hold” rating on the stock in a report on Wednesday, November 15th. Finally, ValuEngine raised shares of Alliance Resource Partners from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $26.12.

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Alliance Resource Partners Profile

Alliance Resource Partners, L.P. is a producer and marketer of coal primarily to the United States utilities and industrial users. The Company operates through segments, including Illinois Basin, Appalachia, and Other and Corporate. The Illinois Basin segment consists of various operating segments, including Webster County Coal, LLC’s Dotiki mining complex, Gibson County Coal, LLC’s mining complex, which includes the Gibson North mine and Gibson South mine, Hopkins County Coal, LLC’s mining complex, which includes the Elk Creek mine, the Pleasant View surface mineable reserves and the Fies property, White County Coal, LLC’s, Pattiki mining complex, Warrior Coal, LLC’s mining complex, Sebree Mining, LLC’s mining complex, which includes the Onton mine and River View Coal, LLC mining complex.

Institutional Ownership by Quarter for Alliance Resource Partners (NASDAQ:ARLP)

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