CVR Partners, LP (NYSE:UAN – Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $101.65 and traded as high as $135.73. CVR Partners shares last traded at $134.48, with a volume of 79,772 shares traded.
Wall Street Analysts Forecast Growth
Several research analysts have commented on UAN shares. Weiss Ratings downgraded shares of CVR Partners from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, February 19th. Wall Street Zen lowered shares of CVR Partners from a “strong-buy” rating to a “hold” rating in a report on Saturday, February 21st. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.
View Our Latest Research Report on UAN
CVR Partners Stock Performance
CVR Partners (NYSE:UAN – Get Free Report) last posted its quarterly earnings results on Wednesday, February 18th. The basic materials company reported ($0.97) earnings per share (EPS) for the quarter. The company 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 business also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, March 2nd. CVR Partners’s dividend payout ratio is 15.85%.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the company. Jane Street Group LLC purchased a new stake in CVR Partners during the 1st quarter valued at $1,595,000. JPMorgan Chase & Co. purchased a new position in shares of CVR Partners in the second quarter valued at about $16,516,000. Jefferies Financial Group Inc. bought a new position in shares of CVR Partners during the second quarter valued at about $204,000. Advisors Asset Management Inc. raised its stake in shares of CVR Partners by 24.8% during the second quarter. Advisors Asset Management Inc. now owns 4,418 shares of the basic materials company’s stock valued at $392,000 after acquiring an additional 877 shares during the last quarter. Finally, Aristides Capital LLC purchased a new stake in shares of CVR Partners during the second quarter worth about $326,000. 43.83% of the stock is owned by hedge funds and other institutional investors.
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.
Further Reading
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