CVR Partners (UAN) to Release Earnings on Monday

CVR Partners (NYSE:UAN) is set to issue its quarterly earnings data after the market closes on Monday, April 29th. Parties that wish to listen to the company’s conference call can do so using this link.

CVR Partners (NYSE:UAN) last issued its quarterly earnings data on Tuesday, February 20th. The basic materials company reported $0.94 earnings per share (EPS) for the quarter. CVR Partners had a return on equity of 50.45% and a net margin of 25.30%. The business had revenue of $141.62 million for the quarter.

CVR Partners Stock Performance

NYSE:UAN opened at $76.58 on Monday. The business’s 50-day moving average price is $72.98 and its two-hundred day moving average price is $72.77. CVR Partners has a twelve month low of $60.50 and a twelve month high of $104.86. The company has a quick ratio of 1.28, a current ratio of 2.20 and a debt-to-equity ratio of 1.81.

CVR Partners Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Monday, March 4th were issued a $1.68 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $6.72 annualized dividend and a dividend yield of 8.78%. This is a boost from CVR Partners’s previous quarterly dividend of $1.55. CVR Partners’s dividend payout ratio (DPR) is presently 41.20%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut CVR Partners from a “buy” rating to a “hold” rating in a report on Wednesday, March 20th.

Institutional Trading of CVR Partners

Several institutional investors and hedge funds have recently modified their holdings of UAN. UBS Group AG increased its position in shares of CVR Partners by 268.6% during the 3rd quarter. UBS Group AG now owns 19,853 shares of the basic materials company’s stock valued at $1,640,000 after purchasing an additional 14,467 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of CVR Partners by 25.8% during the 4th quarter. JPMorgan Chase & Co. now owns 64,162 shares of the basic materials company’s stock valued at $6,453,000 after purchasing an additional 13,152 shares during the last quarter. Epacria Capital Partners LLC bought a new position in shares of CVR Partners during the 4th quarter valued at about $1,301,000. Bank of America Corp DE increased its position in shares of CVR Partners by 7,623.7% during the 1st quarter. Bank of America Corp DE now owns 9,114 shares of the basic materials company’s stock valued at $1,258,000 after purchasing an additional 8,996 shares during the last quarter. Finally, Franklin Resources Inc. bought a new position in shares of CVR Partners during the 4th quarter valued at about $483,000. Hedge funds and other institutional investors own 43.83% of the company’s stock.

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.