CVR Partners, LP (NYSE:UAN – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $119.29 and traded as high as $129.65. CVR Partners shares last traded at $127.7760, with a volume of 114,115 shares changing hands.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on UAN. Wall Street Zen upgraded shares of CVR Partners from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings upgraded shares of CVR Partners from a “hold (c)” rating to a “buy (b)” rating in a report on Thursday, May 14th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, CVR Partners currently has a consensus rating of “Buy”.
View Our Latest Stock Analysis on CVR Partners
CVR Partners Stock Performance
CVR Partners (NYSE:UAN – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $7.33 EPS for the quarter. The business had revenue of $202.19 million during the quarter. CVR Partners had a net margin of 23.67% and a return on equity of 51.56%.
CVR Partners Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 10th will be given a $6.08 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $24.32 dividend on an annualized basis and a yield of 19.0%. This is an increase from CVR Partners’s previous quarterly dividend of $4.00. CVR Partners’s dividend payout ratio is 105.54%.
Institutional Trading of CVR Partners
Several hedge funds have recently added to or reduced their stakes in UAN. Bank of America Corp DE increased its position in shares of CVR Partners by 219.8% in the 1st quarter. Bank of America Corp DE now owns 7,209 shares of the basic materials company’s stock valued at $913,000 after purchasing an additional 4,955 shares during the last quarter. Royal Bank of Canada lifted its holdings in CVR Partners by 30.6% during the 1st quarter. Royal Bank of Canada now owns 11,054 shares of the basic materials company’s stock worth $1,400,000 after buying an additional 2,591 shares during the last quarter. Oxbow Advisors LLC boosted its position in shares of CVR Partners by 5.7% during the 1st quarter. Oxbow Advisors LLC now owns 69,768 shares of the basic materials company’s stock worth $8,838,000 after acquiring an additional 3,738 shares in the last quarter. Webster Bank N. A. acquired a new stake in shares of CVR Partners during the 1st quarter worth about $380,000. Finally, Aristides Capital LLC purchased a new stake in CVR Partners during the fourth quarter worth approximately $214,000. Institutional investors and hedge funds own 43.83% of the company’s stock.
CVR Partners Company Profile
CVR Partners, L.P. (NYSE: UAN) is a publicly traded master limited partnership focused on the production and marketing of nitrogen fertilizer products. Headquartered in Sugar Land, Texas, the partnership owns and operates two nitrogen fertilizer plants in Coffeyville, Kansas, where it manufactures ammonia, granular urea, and urea ammonium nitrate (UAN) solutions. These products are essential nutrients for a wide range of row and specialty crops, helping growers optimize yield and soil fertility across diverse agricultural applications.
The partnership’s operations center on two integrated facilities connected by pipeline, rail and trucking infrastructure, enabling efficient logistics and year-round production.
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