Shares of CVR Partners, LP (NYSE:UAN – Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $101.12 and last traded at $101.03, with a volume of 16626 shares changing hands. The stock had previously closed at $98.27.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of CVR Partners in a research note on Wednesday, December 24th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on UAN
CVR Partners Stock Performance
CVR Partners (NYSE:UAN – Get Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The basic materials company reported $4.08 EPS for the quarter. CVR Partners had a return on equity of 41.38% and a net margin of 20.70%.The company had revenue of $163.55 million for the quarter.
CVR Partners Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Monday, November 10th were paid a dividend of $4.02 per share. The ex-dividend date of this dividend was Monday, November 10th. This is a positive change from CVR Partners’s previous quarterly dividend of $3.89. This represents a $16.08 annualized dividend and a yield of 15.6%. CVR Partners’s dividend payout ratio is 133.55%.
Institutional Trading of CVR Partners
Several hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its position in shares of CVR Partners by 3.9% during the third quarter. JPMorgan Chase & Co. now owns 193,066 shares of the basic materials company’s stock valued at $17,399,000 after purchasing an additional 7,160 shares in the last quarter. De Lisle Partners LLP lifted its position in shares of CVR Partners by 1.6% in the second quarter. De Lisle Partners LLP now owns 51,433 shares of the basic materials company’s stock worth $4,569,000 after buying an additional 800 shares in the last quarter. Natixis bought a new position in CVR Partners during the second quarter valued at approximately $4,442,000. Bank of America Corp DE grew its holdings in CVR Partners by 144.6% during the 2nd quarter. Bank of America Corp DE now owns 21,376 shares of the basic materials company’s stock valued at $1,899,000 after buying an additional 12,637 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in CVR Partners during the 1st quarter valued at approximately $1,595,000. Hedge funds and other institutional investors own 43.83% of the company’s stock.
CVR Partners Company Profile
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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