ING Groep NV lifted its holdings in shares of CVR Partners, LP (NYSE:UAN – Free Report) by 156.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,100 shares of the basic materials company’s stock after purchasing an additional 30,600 shares during the quarter. ING Groep NV’s holdings in CVR Partners were worth $5,135,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of UAN. Luken Investment Analytics LLC purchased a new stake in shares of CVR Partners during the fourth quarter valued at approximately $41,000. BNP Paribas Financial Markets raised its holdings in CVR Partners by 1,888.6% in the second quarter. BNP Paribas Financial Markets now owns 875 shares of the basic materials company’s stock worth $78,000 after purchasing an additional 831 shares in the last quarter. Tucker Asset Management LLC purchased a new stake in shares of CVR Partners in the fourth quarter worth $100,000. State of Wyoming grew its stake in shares of CVR Partners by 41.9% in the third quarter. State of Wyoming now owns 2,054 shares of the basic materials company’s stock worth $185,000 after acquiring an additional 607 shares during the last quarter. Finally, Bessemer Group Inc. purchased a new stake in shares of CVR Partners in the third quarter worth $214,000. Hedge funds and other institutional investors own 43.83% of the company’s stock.
CVR Partners Trading Down 1.2%
Shares of NYSE UAN opened at $117.18 on Tuesday. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.75 and a quick ratio of 1.86. The stock has a market capitalization of $1.24 billion, a P/E ratio of 10.19 and a beta of 0.14. CVR Partners, LP has a 1-year low of $81.18 and a 1-year high of $139.50. The business has a fifty day moving average price of $126.38 and a 200 day moving average price of $114.10.
CVR Partners Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, May 18th. Investors of record on Monday, May 11th were issued a dividend of $4.00 per share. This represents a $16.00 dividend on an annualized basis and a yield of 13.7%. This is a boost from CVR Partners’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend was Monday, May 11th. CVR Partners’s payout ratio is currently 139.13%.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on UAN. Weiss Ratings raised CVR Partners from a “hold (c)” rating to a “buy (b)” rating in a research report on Thursday, May 14th. Wall Street Zen raised CVR Partners from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.
View Our Latest Stock Analysis on UAN
About CVR Partners
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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