1 week Ago By ABMN Staff
CVR Partners, LP ( NYSE:UAN – Get Free Report ) major shareholder Carl C. Icahn purchased 6,071 shares of the company’s stock in a transaction that occurred on Monday, April 7th. The shares were purchased at an average cost of $66.
65 per share, with a total value of $404,632.15. Following the completion of the acquisition, the insider now owns 219,620 shares in the company, valued at $14,637,673.
The trade was a 2.84 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link .
Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC. CVR Partners Price Performance Shares of CVR Partners stock opened at $66.78 on Wednesday.
The company has a quick ratio of 1.44, a current ratio of 2.10 and a debt-to-equity ratio of 1.
94. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 11.
59 and a beta of 0.89. CVR Partners, LP has a twelve month low of $62.
94 and a twelve month high of $88.94. The company has a 50-day simple moving average of $76.
49 and a two-hundred day simple moving average of $74.76. CVR Partners ( NYSE:UAN – Get Free Report ) last released its quarterly earnings results on Tuesday, February 18th.
The basic materials company reported $1.73 earnings per share for the quarter. The company had revenue of $139.
56 million during the quarter. CVR Partners had a net margin of 11.59% and a return on equity of 20.
61%. CVR Partners Increases Dividend Institutional Inflows and Outflows A number of hedge funds have recently modified their holdings of the stock. Chancellor Financial Group WB LP bought a new stake in CVR Partners during the fourth quarter worth about $209,000.
McIlrath & Eck LLC raised its position in shares of CVR Partners by 137.2% in the 4th quarter. McIlrath & Eck LLC now owns 1,803 shares of the basic materials company’s stock valued at $137,000 after buying an additional 1,043 shares in the last quarter.
Novem Group bought a new stake in shares of CVR Partners during the 4th quarter worth approximately $243,000. Bank of America Corp DE boosted its position in shares of CVR Partners by 13.4% during the 4th quarter.
Bank of America Corp DE now owns 12,833 shares of the basic materials company’s stock worth $975,000 after acquiring an additional 1,520 shares in the last quarter. Finally, Icahn Carl C increased its stake in CVR Partners by 4.5% in the fourth quarter.
Icahn Carl C now owns 4,066,192 shares of the basic materials company’s stock valued at $308,868,000 after acquiring an additional 174,192 shares during the last quarter. Institutional investors own 43.83% of the company’s stock.
Analyst Ratings Changes Separately, StockNews.com cut CVR Partners from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 21st. Read Our Latest Research Report on CVR Partners CVR Partners Company Profile ( 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. Read More Receive News & Ratings for CVR Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CVR Partners and related companies with MarketBeat.com's FREE daily email newsletter .
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