CVR Partners, LP (NYSE:UAN) Shares Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP boosted its stake in CVR Partners, LP (NYSE:UAN) by 12.8% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,458 shares of the basic materials company’s stock after buying an additional 1,187 shares during the quarter. GSA Capital Partners LLP’s holdings in CVR Partners were worth $702,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of UAN. Oxbow Advisors LLC lifted its position in shares of CVR Partners by 10.5% in the third quarter. Oxbow Advisors LLC now owns 3,100 shares of the basic materials company’s stock valued at $208,000 after acquiring an additional 295 shares in the last quarter. Apollon Wealth Management LLC acquired a new position in CVR Partners in the 3rd quarter valued at about $244,000. Exchange Traded Concepts LLC acquired a new position in CVR Partners in the 3rd quarter valued at about $293,000. Virtu Financial LLC purchased a new position in CVR Partners in the 1st quarter valued at about $506,000. Finally, Founders Financial Alliance LLC boosted its stake in shares of CVR Partners by 9.0% during the 2nd quarter. Founders Financial Alliance LLC now owns 16,898 shares of the basic materials company’s stock worth $1,279,000 after purchasing an additional 1,400 shares during the last quarter. Institutional investors and hedge funds own 43.83% of the company’s stock.

CVR Partners Trading Up 0.1 %

Shares of CVR Partners stock opened at $72.37 on Monday. The firm has a market cap of $1.24 billion, a PE ratio of 14.56 and a beta of 1.28. The company has a quick ratio of 1.44, a current ratio of 2.15 and a debt-to-equity ratio of 1.91. CVR Partners, LP has a fifty-two week low of $60.50 and a fifty-two week high of $88.94. The business’s fifty day moving average is $69.14 and its two-hundred day moving average is $74.07.

CVR Partners Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 18th. Shareholders of record on Friday, November 8th will be paid a $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a yield of 6.58%. The ex-dividend date of this dividend is Friday, November 8th. CVR Partners’s payout ratio is 95.77%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of CVR Partners from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 30th.

Insider Buying and Selling at CVR Partners

In related news, major shareholder Carl C. Icahn purchased 23,910 shares of the business’s stock in a transaction on Friday, November 8th. The shares were bought at an average price of $68.76 per share, with a total value of $1,644,051.60. Following the completion of the purchase, the insider now directly owns 55,552 shares in the company, valued at approximately $3,819,755.52. This trade represents a 75.56 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders acquired 51,916 shares of company stock worth $3,624,182 in the last 90 days.

CVR Partners Company 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.