4 hours Ago By ABMN Staff
Representative Virginia Foxx (R-North Carolina) recently bought shares of Alliance Resource Partners, L.P. (NASDAQ:ARLP).
In a filing disclosed on December 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alliance Resource Partners stock on November 14th. Representative Virginia Foxx also recently made the following trade(s): Alliance Resource Partners Trading Up 1.7 % Shares of ARLP opened at $26.
66 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.
69 and a current ratio of 2.36. The company has a market capitalization of $3.
41 billion, a PE ratio of 7.57 and a beta of 1.16.
The stock has a fifty day moving average of $26.36 and a two-hundred day moving average of $24.94.
Alliance Resource Partners, L.P. has a fifty-two week low of $18.
32 and a fifty-two week high of $29.44. Alliance Resource Partners Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Thursday, November 14th.
Investors of record on Thursday, November 7th were paid a $0.70 dividend. This represents a $2.
80 dividend on an annualized basis and a yield of 10.50%. The ex-dividend date was Thursday, November 7th.
Alliance Resource Partners’s payout ratio is currently 79.55%. Insider Buying and Selling In other Alliance Resource Partners news, SVP Timothy J.
Whelan sold 10,000 shares of Alliance Resource Partners stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $28.00, for a total value of $280,000.
00. Following the sale, the senior vice president now owns 157,946 shares of the company’s stock, valued at $4,422,488. This trade represents a 5.
95 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website . Corporate insiders own 16.
80% of the company’s stock. Institutional Trading of Alliance Resource Partners Several hedge funds and other institutional investors have recently modified their holdings of the company. Tidal Investments LLC boosted its holdings in Alliance Resource Partners by 1.
2% during the third quarter. Tidal Investments LLC now owns 34,283 shares of the energy company’s stock valued at $857,000 after acquiring an additional 391 shares during the period. Optimist Retirement Group LLC boosted its position in Alliance Resource Partners by 1.
8% in the third quarter. Optimist Retirement Group LLC now owns 93,462 shares of the energy company’s stock valued at $2,337,000 after buying an additional 1,691 shares in the last quarter. Recurrent Investment Advisors LLC raised its position in Alliance Resource Partners by 6.
2% in the 3rd quarter. Recurrent Investment Advisors LLC now owns 1,145,145 shares of the energy company’s stock valued at $28,629,000 after purchasing an additional 66,761 shares during the last quarter. NFC Investments LLC grew its holdings in Alliance Resource Partners by 2.
5% during the 3rd quarter. NFC Investments LLC now owns 69,800 shares of the energy company’s stock worth $1,745,000 after acquiring an additional 1,700 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in Alliance Resource Partners during the 3rd quarter worth $206,000.
18.11% of the stock is currently owned by hedge funds and other institutional investors. Analyst Upgrades and Downgrades A number of research firms have recently weighed in on ARLP.
Singular Research downgraded shares of Alliance Resource Partners from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, December 2nd. StockNews.com cut shares of Alliance Resource Partners from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 15th.
Finally, Benchmark raised their target price on Alliance Resource Partners from $26.00 to $27.00 and gave the company a “buy” rating in a research note on Tuesday, October 29th.
Read Our Latest Research Report on ARLP About Representative Foxx Virginia Foxx (Republican Party) is a member of the U.S. House, representing North Carolina’s 5th Congressional District.
She assumed office on January 3, 2005. Her current term ends on January 3, 2025. Foxx (Republican Party) is running for re-election to the U.
S. House to represent North Carolina’s 5th Congressional District. She declared candidacy for the 2024 election.
Prior to her election to the U.S. House, Foxx served as a member of the North Carolina State Senate as well as deputy secretary for management for North Carolina.
Foxx was born in New York, New York. She earned a B.A.
and M.A.C.
T. from the University of North Carolina, Chapel Hill, in 1968 and 1972, respectively, and an Ed.D.
from the University of North Carolina, Greensboro, in 1985. Foxx worked as an instructor at Caldwell Community College in Hudson, NC, and an instructor and assistant dean at Appalachian State University in Boone, NC. She owned a landscape nursery and served as Deputy Secretary for Management at the North Carolina Department of Administration.
Alliance Resource Partners Company Profile ( Get Free Report ) Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States.
The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties. See Also Receive News & Ratings for Alliance Resource Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alliance Resource Partners and related companies with MarketBeat.com's FREE daily email newsletter .
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