De Lisle Partners LLP Buys 7,000 Shares of CVR Partners, LP (NYSE:UAN)

De Lisle Partners LLP increased its stake in shares of CVR Partners, LP (NYSE:UAN) by 18.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,717 shares of the basic materials company’s stock after acquiring an additional 7,000 shares during the quarter. De Lisle Partners LLP’s holdings in CVR Partners were worth $3,071,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of UAN. Oxbow Advisors LLC raised its stake in shares of CVR Partners by 10.5% during the third quarter. Oxbow Advisors LLC now owns 3,100 shares of the basic materials company’s stock valued at $208,000 after acquiring an additional 295 shares during the last quarter. GSA Capital Partners LLP increased its holdings in CVR Partners by 12.8% during the 3rd quarter. GSA Capital Partners LLP now owns 10,458 shares of the basic materials company’s stock valued at $702,000 after purchasing an additional 1,187 shares during the period. Founders Financial Alliance LLC raised its position in CVR Partners by 9.0% during the 2nd quarter. Founders Financial Alliance LLC now owns 16,898 shares of the basic materials company’s stock valued at $1,279,000 after purchasing an additional 1,400 shares during the last quarter. Apollon Wealth Management LLC purchased a new stake in CVR Partners in the 3rd quarter worth approximately $244,000. Finally, Exchange Traded Concepts LLC bought a new stake in shares of CVR Partners in the 3rd quarter worth approximately $293,000. 43.83% of the stock is currently owned by institutional investors.

CVR Partners Trading Up 7.8 %

NYSE:UAN opened at $75.77 on Thursday. CVR Partners, LP has a 12 month low of $60.50 and a 12 month high of $88.94. The company has a current ratio of 2.15, a quick ratio of 1.44 and a debt-to-equity ratio of 1.91. The company has a 50-day moving average price of $69.78 and a 200-day moving average price of $73.62. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 14.14 and a beta of 1.28.

CVR Partners Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were issued a $1.19 dividend. The ex-dividend date was Friday, November 8th. This represents a $4.76 annualized dividend and a yield of 6.28%. CVR Partners’s dividend payout ratio (DPR) is presently 95.77%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised CVR Partners from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 30th.

Insider Buying and Selling at CVR Partners

In other news, major shareholder Carl C. Icahn acquired 23,910 shares of the stock in a transaction on Friday, November 8th. The stock was acquired at an average price of $68.76 per share, with a total value of $1,644,051.60. Following the completion of the transaction, the insider now owns 55,552 shares of the company’s stock, valued at $3,819,755.52. This represents a 75.56 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In the last three months, insiders have bought 64,792 shares of company stock valued at $4,551,843.

CVR Partners Profile

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.