CVR Partners (UAN) reports earnings on Monday

CVR Partners (NYSE:UAN – Get Free Report) will release its quarterly earnings data after the market closes on Monday, April 29. Parties who wish to listen to the company’s conference call can do so via this link.

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

CVR Partners stock performance

NYSE:UAN opened at $76.58 on Monday. The company’s 50-day moving average price is $72.98 and its two-hundred-day moving average price is $72.77. CVR Partners has a 12-month low of $60.50 and a 12-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 company also recently declared a quarterly dividend, which was paid on Monday, March 11. A dividend of $1.68 was paid to known shareholders on Monday, March 4. The ex-dividend date of this dividend was Friday, March 1. This represents a dividend of $6.72 annually and a dividend yield of 8.78%. This is a boost from CVR Partners’ previous quarterly dividend of $1.55. CVR Partners’ dividend payout ratio (DPR) currently stands at 41.20%.

Wall Street analysts predict growth

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

Read our latest report on UAN

Institutional trading in CVR partners

Several institutional investors and hedge funds have recently changed their holdings of UAN. UBS Group AG increased its position in shares of CVR Partners by 268.6% during the third quarter. UBS Group AG now owns 19,853 shares of the basic materials company 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 valued at $6,453,000 after purchasing an additional 13,152 shares during the last quarter. Epacria Capital Partners LLC purchased a new position in shares of CVR Partners during the 4th quarter valued at approximately $1,301,000. Bank of America Corp DE increased its position in shares of CVR Partners by 7,623.7% during the first quarter. Bank of America Corp DE now owns 9,114 shares of the basic materials company valued at $1,258,000 after purchasing an additional 8,996 shares during the last quarter. Finally, Franklin Resources Inc. purchased. a new position in shares of CVR Partners in the fourth quarter worth approximately $483,000. Hedge funds and other institutional investors own 43.83% of the company’s shares.

CVR Partners Company Profile

(Get a 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.

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