CVR Partners, LP (NYSE:UAN – Get Free Report)’s share price was up 8.9% during mid-day trading on Wednesday . The stock traded as high as $127.57 and last traded at $125.2710. Approximately 27,492 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 52,820 shares. The stock had previously closed at $114.99.
Analyst Ratings Changes
A number of equities analysts have recently commented on UAN shares. Weiss Ratings lowered shares of CVR Partners from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, February 19th. Wall Street Zen downgraded CVR Partners from a “strong-buy” rating to a “hold” rating in a report on Saturday, February 21st. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.
Get Our Latest Stock Report on CVR Partners
CVR Partners Stock Performance
CVR Partners (NYSE:UAN – Get Free Report) last issued its quarterly earnings data on Wednesday, February 18th. The basic materials company reported ($0.97) earnings per share 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 announced a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 2nd were paid a $0.37 dividend. The ex-dividend date was Monday, March 2nd. This represents a $1.48 dividend on an annualized basis and a yield of 1.1%. CVR Partners’s dividend payout ratio (DPR) is 15.85%.
Institutional Investors Weigh In On CVR Partners
Several institutional investors and hedge funds have recently made changes to their positions in UAN. Jane Street Group LLC acquired a new position in shares of CVR Partners in the 1st quarter valued at $1,595,000. JPMorgan Chase & Co. purchased a new stake in CVR Partners during the 2nd quarter valued at about $16,516,000. Jefferies Financial Group Inc. acquired a new position in shares of CVR Partners in the second quarter valued at about $204,000. Advisors Asset Management Inc. raised its stake in shares of CVR Partners by 24.8% in the second quarter. Advisors Asset Management Inc. now owns 4,418 shares of the basic materials company’s stock worth $392,000 after purchasing an additional 877 shares during the last quarter. Finally, Aristides Capital LLC acquired a new stake in shares of CVR Partners during the second quarter worth about $326,000. 43.83% of the stock is currently owned by institutional investors and hedge funds.
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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