<div id="readability-page-1"><p>Bessemer Group Inc. acquired a new stake in  Alliance Resource Partners, L.P. (NASDAQ:ARLP - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 84,751 shares of the energy company's stock, valued at approximately $2,215,000. Bessemer Group Inc. owned 0.07% of Alliance Resource Partners at the end of the most recent reporting period.</p><ul><li>3 Stocks Using Bitcoin to Grow Their Treasury Reserves</li></ul><p>A number of other institutional investors and hedge funds also recently modified their holdings of ARLP. Kingstone Capital Partners Texas LLC bought a new position in  Alliance Resource Partners during the second quarter worth about $17,847,000.  Huntleigh Advisors Inc. bought a new stake in  Alliance Resource Partners in the first quarter valued at approximately $14,190,000.  MGO One Seven LLC acquired a new stake in shares of  Alliance Resource Partners in the first quarter valued at approximately $6,220,000.  MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of  Alliance Resource Partners by 74.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 494,872 shares of the energy company's stock worth $13,500,000 after acquiring an additional 210,644 shares during the period.  Finally, Jackson Hole Capital Partners LLC increased its holdings in shares of  Alliance Resource Partners by 7.3% during the 1st quarter. Jackson Hole Capital Partners LLC now owns 2,098,619 shares of the energy company's stock worth $57,250,000 after acquiring an additional 142,071 shares during the last quarter. 18.11% of the stock is owned by institutional investors. </p><h2>Analysts Set New Price Targets</h2><p>Several equities research analysts have issued reports on ARLP shares. Alliance Global Partners initiated coverage on Alliance Resource Partners in a report on Wednesday, September 24th. They set a &#34;buy&#34; rating for the company. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of Alliance Resource Partners in a research report on Wednesday, October 8th. Benchmark  restated a &#34;buy&#34; rating on shares of Alliance Resource Partners in a research note on Tuesday. Finally, Industrial Alliance Securities  set a $30.00 price target on shares of Alliance Resource Partners in a research note on Wednesday, September 24th. Two investment analysts have rated the stock with a Buy rating and one  has given a Hold rating to the company. Based on data from MarketBeat, Alliance Resource Partners currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $29.50.</p><ul><li>Peabody Energy is a Double Threat Energy and Steel Play </li></ul><p><b>Read Our Latest Stock Report on Alliance Resource Partners</b></p><h2>Alliance Resource Partners Stock Performance</h2><p>NASDAQ ARLP opened at $24.23 on Friday. The company has a quick ratio of 1.37, a current ratio of 1.96 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $3.11 billion, a P/E ratio of 12.89 and a beta of 0.51. Alliance Resource Partners, L.P. has a 12-month low of $22.20 and a 12-month high of $30.56. The firm has a 50-day moving average price of $23.96 and a two-hundred day moving average price of $25.46. </p><ul><li>3 High-Yield Energy MLPs: A Stable Way to Invest in Energy</li></ul><p>Alliance Resource Partners (NASDAQ:ARLP - Get Free Report) last announced its earnings results on Monday, October 27th. The energy company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.67 by $0.03. The company had revenue of $571.40 million for the quarter, compared to analysts' expectations of $567.03 million. Alliance Resource Partners had a net margin of 10.88% and a return on equity of 14.75%.  Analysts anticipate that  Alliance Resource Partners, L.P. will post 2.72 earnings per share for the current year. </p><h2>Alliance Resource Partners Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, November 7th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 9.9%. The ex-dividend date is Friday, November 7th. Alliance Resource Partners's dividend payout ratio (DPR) is 127.66%. </p><h2>About Alliance Resource Partners</h2> (Free Report)<p>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 &amp; Gas Royalties, and Coal Royalties.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Alliance Resource Partners</li><li>How to invest in marijuana stocks in 7 steps </li><li>Why Microsoft's Post-Earnings Dip Is a Buy-the-Pause Moment</li><li>How to Know Which Cryptocurrency to Buy: A Guide for Investors</li><li>NVIDIA’s Billion-Dollar Bet Puts Nokia Back in the Growth Game</li><li>The Role Economic Reports Play in a Successful Investment Strategy</li><li>Hold Ratings, High Rewards? 3 Stocks That Could Defy Expectations</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVJMUA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVJMUA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Alliance Resource Partners Right Now?</h2><p>Before you consider Alliance Resource Partners, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alliance Resource Partners wasn't on the list.</p><p>While Alliance Resource Partners currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ARLP

<p>Bessemer Group Inc. acquired 84,751 shares of Alliance Resource Partners, L.P. (NASDAQ:ARLP) valued at approximately $2.2 million in Q2, according to a recent SEC filing. This acquisition brings Bessemer's ownership to 0.07%. Other institutional investors also increased their stakes in ARLP. Analysts have given ARLP a consensus rating of "Moderate Buy" with an average price target of $29.50. The company recently reported earnings of $0.70 per share, exceeding estimates, and announced a quarterly dividend of $0.60 per share, yielding 9.9%.</p>

Bessemer Group Inc. Purchases Shares of 84,751 Alliance Resource Partners, L.P. $ARLP