ING Groep NV Buys 30,600 Shares of CVR Partners, LP $UAN

ING Groep NV raised its position in CVR Partners, LP (NYSE:UANFree Report) by 156.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,100 shares of the basic materials company’s stock after acquiring an additional 30,600 shares during the period. ING Groep NV owned about 0.29% of CVR Partners worth $5,135,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of CVR Partners by 3.9% in the third quarter. JPMorgan Chase & Co. now owns 193,066 shares of the basic materials company’s stock worth $17,399,000 after acquiring an additional 7,160 shares during the last quarter. Oxbow Advisors LLC boosted its holdings in CVR Partners by 2,439.6% during the fourth quarter. Oxbow Advisors LLC now owns 66,030 shares of the basic materials company’s stock worth $6,768,000 after purchasing an additional 63,430 shares during the last quarter. GraniteShares Advisors LLC acquired a new stake in CVR Partners in the fourth quarter valued at $2,876,000. Bank of America Corp DE lifted its stake in 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 acquiring an additional 12,637 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in CVR Partners in the first quarter valued at $1,595,000. Institutional investors and hedge funds own 43.83% of the company’s stock.

Wall Street Analyst Weigh In

UAN has been the topic of several research analyst reports. Wall Street Zen raised shares of CVR Partners from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings upgraded shares of CVR Partners from a “hold (c)” rating to a “buy (b)” rating in a research note on Thursday, May 14th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on CVR Partners

CVR Partners Stock Down 1.2%

CVR Partners stock opened at $117.18 on Tuesday. The firm has a 50 day moving average price of $126.38 and a two-hundred day moving average price of $114.10. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 10.19 and a beta of 0.14. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.86 and a current ratio of 2.75. CVR Partners, LP has a 52-week low of $81.18 and a 52-week high of $139.50.

CVR Partners (NYSE:UANGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $4.72 earnings per share for the quarter. CVR Partners had a net margin of 18.89% and a return on equity of 40.08%. The company had revenue of $180.05 million during the quarter.

CVR Partners Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, May 18th. Stockholders of record on Monday, May 11th were paid a dividend of $4.00 per share. This represents a $16.00 dividend on an annualized basis and a dividend yield of 13.7%. The ex-dividend date was Monday, May 11th. This is a positive change from CVR Partners’s previous quarterly dividend of $0.37. CVR Partners’s dividend payout ratio (DPR) is presently 139.13%.

CVR Partners Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for CVR Partners (NYSE:UAN)

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