CVR Partners, LP (NYSE:UAN - Get Free Report) shares saw strong trading volume on Tuesday . Approximately 22,266 shares were traded during mid-day trading, a decline of 34% from the previous session's volume of 33,589 shares.The stock last traded at $68.04 and had previously closed at $70.61.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of CVR Partners from a "hold" rating to a "buy" rating in a research note on Thursday, October 17th.
Get Our Latest Report on CVR Partners
CVR Partners Stock Down 0.8 %
The company has a debt-to-equity ratio of 1.80, a current ratio of 3.09 and a quick ratio of 1.73. The business has a 50 day simple moving average of $69.27 and a 200 day simple moving average of $74.94. The stock has a market cap of $1.20 billion, a PE ratio of 14.94 and a beta of 1.27.
CVR Partners (NYSE:UAN - Get Free Report) last announced its quarterly earnings results on Monday, July 29th. The basic materials company reported $2.48 EPS for the quarter. The business had revenue of $132.90 million during the quarter. CVR Partners had a return on equity of 16.32% and a net margin of 9.29%.
CVR Partners Announces Dividend
The firm also recently announced a dividend, which will be paid on Monday, November 18th. Shareholders of record on Friday, November 8th will be given a $1.19 dividend. The ex-dividend date is Friday, November 8th. CVR Partners's dividend payout ratio is 162.39%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Exchange Traded Concepts LLC acquired a new position in shares of CVR Partners during the 3rd quarter valued at about $293,000. Founders Financial Alliance LLC grew its holdings in CVR Partners by 9.0% during the second quarter. Founders Financial Alliance LLC now owns 16,898 shares of the basic materials company's stock valued at $1,279,000 after purchasing an additional 1,400 shares during the last quarter. Oxbow Advisors LLC bought a new position in shares of CVR Partners in the second quarter valued at approximately $212,000. Virtu Financial LLC acquired a new stake in shares of CVR Partners in the first quarter worth $506,000. Finally, SG Americas Securities LLC bought a new stake in shares of CVR Partners during the 1st quarter worth $820,000. Institutional investors own 43.83% of the company's stock.
About CVR Partners
(
Get Free Report)
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.
Recommended Stories
Before you consider CVR Partners, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CVR Partners wasn't on the list.
While CVR Partners currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
