CVR Partners (NYSE:UAN) Stock Price Down 6.4%

CVR Partners, LP (NYSE:UAN)’s stock price fell 6.4% during trading on Tuesday . The stock traded as low as $79.53 and last traded at $79.68. 1,700 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 51,399 shares. The stock had previously closed at $85.11.

The company’s fifty day simple moving average is $63.18 and its 200 day simple moving average is $59.11. The company has a current ratio of 1.93, a quick ratio of 1.21 and a debt-to-equity ratio of 2.17. The stock has a market capitalization of $853.95 million, a P/E ratio of -16.18 and a beta of 2.04.

CVR Partners (NYSE:UAN) last announced its quarterly earnings results on Monday, August 2nd. The basic materials company reported $0.66 EPS for the quarter. CVR Partners had a negative net margin of 14.70% and a negative return on equity of 17.57%. The firm had revenue of $138.03 million during the quarter.

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 23rd. Stockholders of record on Friday, August 13th were issued a dividend of $1.72 per share. This is an increase from CVR Partners’s previous quarterly dividend of $0.70. This represents a $6.88 dividend on an annualized basis and a dividend yield of 8.61%. The ex-dividend date was Thursday, August 12th.

In related news, CEO Mark A. Pytosh acquired 5,000 shares of the company’s stock in a transaction dated Wednesday, September 1st. The stock was bought at an average cost of $58.45 per share, with a total value of $292,250.00. Following the acquisition, the chief executive officer now owns 22,068 shares of the company’s stock, valued at approximately $1,289,874.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in shares of CVR Partners by 4.6% during the 2nd quarter. LPL Financial LLC now owns 10,069 shares of the basic materials company’s stock worth $624,000 after acquiring an additional 440 shares during the last quarter. Independent Advisor Alliance purchased a new position in CVR Partners in the 2nd quarter worth $296,000. PNC Financial Services Group Inc. purchased a new position in CVR Partners in the 2nd quarter worth $71,000. Russell Investments Group Ltd. purchased a new position in CVR Partners in the 2nd quarter worth $247,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in CVR Partners in the 1st quarter worth $338,000. 24.25% of the stock is owned by institutional investors.

CVR Partners Company Profile (NYSE:UAN)

CVR Partners LP is a holding company, which engages in the nitrogen fertilizer business. Its products include ammonia and urea ammonium nitrate fertilizers. The company was founded on June 1, 2007 and is headquartered in Sugar Land, TX.

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