UBS Group AG Has $2.82 Million Stock Holdings in CVR Partners, LP (NYSE:UAN)

UBS Group AG increased its position in shares of CVR Partners, LP (NYSE:UAN – Get Rating) by 12.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,640 shares of the basic materials company’s stock after acquiring an additional 2,810 shares during the quarter. UBS Group AG owned about 0.23% of CVR Partners worth $2,820,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Natixis increased its holdings in CVR Partners by 389.2% in the second quarter. Natixis now owns 194,700 shares of the basic materials company’s stock valued at $19,441,000 after purchasing an additional 154,900 shares during the last quarter. Ion Asset Management Ltd. bought a new stake in shares of CVR Partners in the second quarter worth about $9,157,000. Zazove Associates LLC bought a new stake in shares of CVR Partners in the third quarter worth about $8,777,000. Bank of Montreal Can increased its holdings in shares of CVR Partners by 8.9% in the second quarter. Bank of Montreal Can now owns 60,130 shares of the basic materials company’s stock worth $6,839,000 after acquiring an additional 4,900 shares in the last quarter. Finally, Independent Advisor Alliance increased its holdings in shares of CVR Partners by 10.7% in the third quarter. Independent Advisor Alliance now owns 15,887 shares of the basic materials company’s stock worth $1,818,000 after acquiring an additional 1,535 shares in the last quarter. Institutional investors and hedge funds own 15.10% of the company’s stock.

CVR Partners Stock Performance

Shares of NYSE UAN opened at $102.45 on Monday. The stock has a 50 day moving average price of $100.96 and a 200 day moving average price of $113.69. CVR Partners, LP has a 52 week low of $80.30 and a 52 week high of $179.74. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.49 and a current ratio of 2.11. The stock has a market capitalization of $1.08 billion, a PE ratio of 3.79 and a beta of 1.46.

CVR Partners Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 13th. Shareholders of record on Monday, March 6th will be paid a dividend of $10.50 per share. This represents a $42.00 dividend on an annualized basis and a yield of 41.00%. The ex-dividend date is Friday, March 3rd. This is a positive change from CVR Partners’s previous quarterly dividend of $1.77. CVR Partners’s dividend payout ratio (DPR) is 26.17%.

Analyst Ratings Changes

Several brokerages have issued reports on UAN. StockNews.com upgraded CVR Partners from a “hold” rating to a “buy” rating in a report on Wednesday, February 22nd. TheStreet upgraded CVR Partners from a “c+” rating to a “b” rating in a report on Wednesday, February 22nd.

CVR Partners Company Profile

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CVR Partners LP is a holding company, which engages in the nitrogen fertilizer business. Its products include ammonia and urea ammonium nitrate fertilizers. The company was founded on June 1, 2007 and is headquartered in Sugar Land, TX.