CVR Partners, LP (NYSE:UAN – Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $92.05 and traded as high as $97.70. CVR Partners shares last traded at $97.0950, with a volume of 18,705 shares traded.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of CVR Partners in a research report on Wednesday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.
Check Out Our Latest Research Report on CVR Partners
CVR Partners Trading Up 0.3%
CVR Partners (NYSE:UAN – Get Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The basic materials company reported $4.08 earnings per share for the quarter. CVR Partners had a net margin of 20.70% and a return on equity of 41.38%. The business had revenue of $163.55 million during the quarter.
CVR Partners Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Monday, November 10th were paid a dividend of $4.02 per share. The ex-dividend date of this dividend was Monday, November 10th. This is an increase from CVR Partners’s previous quarterly dividend of $3.89. This represents a $16.08 dividend on an annualized basis and a dividend yield of 16.6%. CVR Partners’s dividend payout ratio is 133.55%.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in UAN. JPMorgan Chase & Co. raised its stake in CVR Partners by 3.9% during the third quarter. JPMorgan Chase & Co. now owns 193,066 shares of the basic materials company’s stock worth $17,399,000 after purchasing an additional 7,160 shares during the period. De Lisle Partners LLP grew its stake in shares of 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 buying an additional 800 shares during the period. Natixis acquired a new stake in shares of CVR Partners during the 2nd quarter worth $4,442,000. Bank of America Corp DE raised its position in shares of 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 buying an additional 12,637 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of CVR Partners in the 1st quarter worth $1,595,000. Institutional investors and hedge funds own 43.83% of the company’s stock.
About CVR Partners
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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