Shares of CVR Partners, LP (NYSE:UAN – Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $119.68 and traded as high as $126.49. CVR Partners shares last traded at $122.20, with a volume of 72,803 shares trading hands.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of CVR Partners in a research report on Tuesday, August 11th. Wall Street Zen upgraded shares of CVR Partners from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy”.
Read Our Latest Analysis on UAN
CVR Partners Stock Performance
CVR Partners (NYSE:UAN – Get Free Report) last posted its earnings results on Wednesday, July 29th. The basic materials company reported $7.33 earnings per share for the quarter. CVR Partners had a return on equity of 51.56% and a net margin of 23.67%.The firm had revenue of $202.19 million for the quarter.
CVR Partners Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 10th were issued a dividend of $6.08 per share. This is a boost from CVR Partners’s previous quarterly dividend of $4.00. The ex-dividend date was Monday, August 10th. This represents a $24.32 annualized dividend and a dividend yield of 20.0%. CVR Partners’s dividend payout ratio (DPR) is presently 160.42%.
Hedge Funds Weigh In On CVR Partners
Institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. raised its holdings in CVR Partners by 1.8% during the 4th quarter. JPMorgan Chase & Co. now owns 196,556 shares of the basic materials company’s stock worth $20,147,000 after buying an additional 3,490 shares during the period. Oxbow Advisors LLC boosted its holdings in shares of CVR Partners by 5.7% in the first quarter. Oxbow Advisors LLC now owns 69,768 shares of the basic materials company’s stock valued at $8,838,000 after buying an additional 3,738 shares during the period. De Lisle Partners LLP acquired a new position in shares of CVR Partners in the second quarter valued at approximately $6,058,000. ING Groep NV increased its position in shares of CVR Partners by 156.9% during the fourth quarter. ING Groep NV now owns 50,100 shares of the basic materials company’s stock worth $5,135,000 after acquiring an additional 30,600 shares in the last quarter. Finally, GraniteShares Advisors LLC bought a new stake in shares of CVR Partners during the fourth quarter worth $2,876,000. 43.83% of the stock is currently owned by institutional investors and hedge funds.
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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