Susquehanna Fundamental Investments LLC Makes New $480,000 Investment in CVR Partners, LP (NYSE:UAN)

Susquehanna Fundamental Investments LLC bought a new position in CVR Partners, LP (NYSE:UAN - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,314 shares of the basic materials company's stock, valued at approximately $480,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MGO One Seven LLC purchased a new stake in CVR Partners during the fourth quarter valued at about $243,000. Stifel Financial Corp bought a new stake in shares of CVR Partners in the fourth quarter worth $227,000. Raymond James Financial Inc. bought a new stake in shares of CVR Partners in the 4th quarter worth about $233,000. Rangeley Capital LLC acquired a new stake in CVR Partners during the fourth quarter valued at approximately $1,823,000. Finally, Summit Securities Group LLC lifted its stake in CVR Partners by 123.1% during the fourth quarter. Summit Securities Group LLC now owns 2,900 shares of the basic materials company's stock worth $220,000 after purchasing an additional 1,600 shares during the last quarter. Hedge funds and other institutional investors own 43.83% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of CVR Partners from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, April 30th.

CVR Partners Price Performance

CVR Partners stock traded up $1.04 during trading hours on Wednesday, hitting $82.60. 45,099 shares of the company traded hands, compared to its average volume of 31,825. The firm's 50-day simple moving average is $74.80 and its two-hundred day simple moving average is $75.62. The firm has a market cap of $1.41 billion, a P/E ratio of 14.34 and a beta of 1.07. CVR Partners, LP has a 1-year low of $62.94 and a 1-year high of $88.94. The company has a quick ratio of 1.44, a current ratio of 2.10 and a debt-to-equity ratio of 1.94.

CVR Partners (NYSE:UAN - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The basic materials company reported $2.56 earnings per share for the quarter. CVR Partners had a return on equity of 20.61% and a net margin of 11.59%. The business had revenue of $142.87 million during the quarter.

CVR Partners Dividend Announcement

The firm also recently announced a dividend, which will be paid on Monday, May 19th. Investors of record on Tuesday, May 13th will be issued a dividend of $2.26 per share. This represents a yield of 11.3%. The ex-dividend date of this dividend is Monday, May 12th. CVR Partners's payout ratio is 126.79%.

Insider Buying and Selling at CVR Partners

In other news, major shareholder Carl C. Icahn bought 5,308 shares of the firm's stock in a transaction on Monday, April 21st. The stock was bought at an average cost of $73.87 per share, for a total transaction of $392,101.96. Following the completion of the acquisition, the insider now directly owns 267,253 shares in the company, valued at $19,741,979.11. This represents a 2.03 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last 90 days, insiders have purchased 51,742 shares of company stock valued at $3,739,884.

CVR Partners Profile

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.