Shares of CVR Partners, LP (NYSE:UAN – Get Free Report) fell 3.3% on Tuesday . The company traded as low as $135.10 and last traded at $133.7670. 7,860 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 66,746 shares. The stock had previously closed at $138.37.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on the company. Weiss Ratings cut CVR Partners from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, February 19th. Wall Street Zen cut CVR Partners from a “strong-buy” rating to a “hold” rating in a research note on Saturday, February 21st. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, CVR Partners has an average rating of “Hold”.
View Our Latest Report on CVR Partners
CVR Partners Stock Performance
CVR Partners (NYSE:UAN – Get Free Report) last announced its earnings results on Wednesday, February 18th. The basic materials company reported ($0.97) earnings per share for the quarter. The business had revenue of $131.07 million during the quarter. CVR Partners had a return on equity of 32.82% and a net margin of 16.28%.
CVR Partners Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 2nd were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Monday, March 2nd. CVR Partners’s dividend payout ratio (DPR) is 15.85%.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the business. Aristides Capital LLC purchased a new stake in shares of CVR Partners during the 4th quarter valued at $214,000. State of Tennessee Department of Treasury bought a new position in CVR Partners during the fourth quarter valued at about $165,000. NewEdge Advisors LLC grew its position in CVR Partners by 33.3% during the fourth quarter. NewEdge Advisors LLC now owns 557 shares of the basic materials company’s stock valued at $57,000 after buying an additional 139 shares during the period. Cetera Investment Advisers increased its holdings in CVR Partners by 6.0% during the fourth quarter. Cetera Investment Advisers now owns 3,757 shares of the basic materials company’s stock worth $385,000 after buying an additional 211 shares during the last quarter. Finally, Jump Financial LLC increased its holdings in CVR Partners by 26.2% during the fourth quarter. Jump Financial LLC now owns 5,931 shares of the basic materials company’s stock worth $608,000 after buying an additional 1,231 shares during the last quarter. Institutional investors 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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