CVR Partners, LP (NYSE:UAN - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $94.00 and last traded at $93.18, with a volume of 8276 shares traded. The stock had previously closed at $89.55.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded CVR Partners from a "buy" rating to a "strong-buy" rating in a report on Wednesday, April 30th.
Read Our Latest Report on CVR Partners
CVR Partners Stock Up 0.9%
The firm has a market cap of $1.65 billion, a P/E ratio of 11.60 and a beta of 1.07. The company has a quick ratio of 2.40, a current ratio of 3.45 and a debt-to-equity ratio of 1.80. The firm has a fifty day moving average of $87.50 and a 200-day moving average of $81.11.
CVR Partners (NYSE:UAN - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The basic materials company reported $3.67 earnings per share (EPS) for the quarter. The firm had revenue of $168.56 million for the quarter. CVR Partners had a return on equity of 29.35% and a net margin of 15.27%.
CVR Partners Announces Dividend
The firm also recently disclosed a dividend, which was paid on Monday, May 19th. Shareholders of record on Tuesday, May 13th were paid a $2.26 dividend. The ex-dividend date was Monday, May 12th. This represents a yield of 1,130.0%. CVR Partners's dividend payout ratio is currently 108.65%.
Institutional Trading of CVR Partners
Several institutional investors and hedge funds have recently bought and sold shares of UAN. Raymond James Financial Inc. bought a new stake in CVR Partners in the fourth quarter valued at approximately $233,000. Stifel Financial Corp bought a new position in shares of CVR Partners during the fourth quarter worth approximately $227,000. MGO One Seven LLC acquired a new stake in CVR Partners during the 4th quarter worth approximately $243,000. Susquehanna Fundamental Investments LLC bought a new stake in CVR Partners in the 4th quarter valued at $480,000. Finally, Icahn Carl C boosted its stake in CVR Partners by 4.5% in the 4th quarter. Icahn Carl C now owns 4,066,192 shares of the basic materials company's stock valued at $308,868,000 after purchasing an additional 174,192 shares during the period. Institutional investors own 43.83% of the company's stock.
CVR Partners Company Profile
(
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CVR Partners, LP, together with its subsidiaries, engages in the production and sale of nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers; and urea ammonium nitrate products to agricultural customers, as well as retailers and distributors.
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