Shares of CVR Partners, LP (NYSE:UAN – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $119.29 and traded as high as $129.65. CVR Partners shares last traded at $127.7760, with a volume of 114,115 shares traded.
Analysts Set New Price Targets
Several brokerages have issued reports on UAN. Weiss Ratings upgraded shares of CVR Partners from a “hold (c)” rating to a “buy (b)” rating in a research report on Thursday, May 14th. Wall Street Zen upgraded CVR Partners from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy”.
View Our Latest Stock Analysis on CVR Partners
CVR Partners Stock Performance
CVR Partners (NYSE:UAN – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $7.33 earnings per share for the quarter. CVR Partners had a net margin of 23.67% and a return on equity of 51.56%. The firm had revenue of $202.19 million for the quarter.
CVR Partners Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 10th will be paid a $6.08 dividend. This represents a $24.32 annualized dividend and a dividend yield of 19.0%. This is a boost from CVR Partners’s previous quarterly dividend of $4.00. The ex-dividend date of this dividend is Monday, August 10th. CVR Partners’s dividend payout ratio (DPR) is currently 105.54%.
Institutional Trading of CVR Partners
A number of hedge funds have recently bought and sold shares of UAN. Jane Street Group LLC bought a new stake in shares of CVR Partners in the 1st quarter worth approximately $1,595,000. Bank of America Corp DE raised its position in shares of CVR Partners by 144.6% in the second quarter. Bank of America Corp DE now owns 21,376 shares of the basic materials company’s stock valued at $1,899,000 after purchasing an additional 12,637 shares during the period. BNP Paribas Financial Markets raised its position in shares of CVR Partners by 1,888.6% in the second quarter. BNP Paribas Financial Markets now owns 875 shares of the basic materials company’s stock valued at $78,000 after purchasing an additional 831 shares during the period. Raymond James Financial Inc. lifted its stake in shares of CVR Partners by 57.6% during the 3rd quarter. Raymond James Financial Inc. now owns 4,917 shares of the basic materials company’s stock valued at $443,000 after buying an additional 1,798 shares in the last quarter. Finally, Apollon Wealth Management LLC grew its holdings in CVR Partners by 2.6% during the 4th quarter. Apollon Wealth Management LLC now owns 8,408 shares of the basic materials company’s stock valued at $862,000 after buying an additional 215 shares in the last quarter. 43.83% of the stock is currently owned by 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.
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