CVR Partners, LP (NYSE:UAN - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $139.50 and last traded at $137.7760, with a volume of 11808 shares. The stock had previously closed at $137.00.
Wall Street Analyst Weigh In
A number of brokerages have commented on UAN. Weiss Ratings cut shares of CVR Partners from a "buy (b-)" rating to a "hold (c)" rating in a report on Thursday, February 19th. Wall Street Zen downgraded shares of CVR Partners from a "strong-buy" rating to a "hold" rating in a research report on Saturday, February 21st. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of "Hold".
Get Our Latest Stock Analysis on UAN
CVR Partners Trading Up 1.0%
The stock has a 50 day moving average of $114.44 and a 200-day moving average of $102.73. The company has a market capitalization of $1.46 billion, a P/E ratio of 14.83 and a beta of 0.60. The company has a current ratio of 2.21, a quick ratio of 1.36 and a debt-to-equity ratio of 2.14.
CVR Partners (NYSE:UAN - Get Free Report) last released its earnings results on Wednesday, February 18th. The basic materials company reported ($0.97) EPS for the quarter. The firm had revenue of $131.07 million for the quarter. CVR Partners had a return on equity of 32.82% and a net margin of 16.28%.
CVR Partners Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 2nd were paid a dividend of $0.37 per share. The ex-dividend date was Monday, March 2nd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.1%. CVR Partners's payout ratio is 15.85%.
Institutional Investors Weigh In On CVR Partners
A number of institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its position in shares of CVR Partners by 1.8% in the fourth quarter. JPMorgan Chase & Co. now owns 196,556 shares of the basic materials company's stock valued at $20,147,000 after acquiring an additional 3,490 shares in the last quarter. Oxbow Advisors LLC grew its position in shares of CVR Partners by 2,439.6% during the fourth quarter. Oxbow Advisors LLC now owns 66,030 shares of the basic materials company's stock worth $6,768,000 after purchasing an additional 63,430 shares in the last quarter. De Lisle Partners LLP raised its stake in CVR Partners by 1.6% during the 2nd quarter. De Lisle Partners LLP now owns 51,433 shares of the basic materials company's stock valued at $4,569,000 after purchasing an additional 800 shares during the period. ING Groep NV raised its stake in CVR Partners by 156.9% during the 4th quarter. ING Groep NV now owns 50,100 shares of the basic materials company's stock valued at $5,135,000 after purchasing an additional 30,600 shares during the period. Finally, Natixis purchased a new position in CVR Partners in the 2nd quarter worth approximately $4,442,000. Hedge funds and other institutional investors own 43.83% of the company's stock.
CVR Partners Company Profile
(
Get Free Report)
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.
Further Reading
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