CVR Partners, LP (NYSE:UAN - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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 traded.
Analyst Ratings Changes
Several research analysts have issued reports on the company. Wall Street Zen upgraded CVR Partners from a "hold" rating to a "buy" rating in a research note on Saturday, May 2nd. Weiss Ratings upgraded CVR Partners from a "hold (c)" rating to a "buy (b)" rating in a report on Thursday, May 14th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy".
Get Our Latest Research Report on CVR Partners
CVR Partners Stock Up 1.0%
The firm's 50 day moving average is $117.44 and its two-hundred day moving average is $119.29. The company has a current ratio of 3.01, a quick ratio of 2.11 and a debt-to-equity ratio of 1.64. The firm has a market cap of $1.35 billion, a P/E ratio of 8.43 and a beta of 0.14.
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 (EPS) for the quarter. CVR Partners had a return on equity of 51.56% and a net margin of 23.67%.The business had revenue of $202.19 million during the quarter.
CVR Partners Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 10th will be given a $6.08 dividend. 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. The ex-dividend date of this dividend is Monday, August 10th. CVR Partners's payout ratio is 105.54%.
Hedge Funds Weigh In On CVR Partners
A number of institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in CVR Partners in the first quarter valued at approximately $1,595,000. Bank of America Corp DE raised its stake in CVR Partners by 144.6% in the 2nd quarter. Bank of America Corp DE now owns 21,376 shares of the basic materials company's stock worth $1,899,000 after purchasing an additional 12,637 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of CVR Partners by 1,888.6% during the second quarter. BNP Paribas Financial Markets now owns 875 shares of the basic materials company's stock worth $78,000 after purchasing an additional 831 shares during the period. Raymond James Financial Inc. raised its position in shares of CVR Partners by 57.6% in the third quarter. Raymond James Financial Inc. now owns 4,917 shares of the basic materials company's stock valued at $443,000 after buying an additional 1,798 shares in the last quarter. Finally, Apollon Wealth Management LLC lifted its stake in CVR Partners by 2.6% during the fourth quarter. Apollon Wealth Management LLC now owns 8,408 shares of the basic materials company's stock worth $862,000 after purchasing an additional 215 shares during the last quarter. 43.83% of the stock is currently owned by institutional investors and hedge funds.
CVR Partners Company Profile
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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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