CVR Partners, LP (UAN) Holdings Held by CNA Financial Corp

CNA Financial Corp maintained its position in shares of CVR Partners, LP (NYSE:UAN) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 502,664 shares of the basic materials company’s stock at the close of the 2nd quarter. CNA Financial Corp owned approximately 0.44% of CVR Partners, worth $1,754,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of New York Mellon Corp raised its holdings in CVR Partners, by 1.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 166,822 shares of the basic materials company’s stock worth $582,000 after buying an additional 2,821 shares during the period. Global X Management Co. LLC raised its holdings in CVR Partners, by 10.7% during the 1st quarter. Global X Management Co. LLC now owns 39,475 shares of the basic materials company’s stock worth $184,000 after buying an additional 3,825 shares during the period. Private Advisor Group LLC raised its holdings in CVR Partners, by 46.6% during the 1st quarter. Private Advisor Group LLC now owns 22,142 shares of the basic materials company’s stock worth $105,000 after buying an additional 7,042 shares during the period. Wells Fargo & Company MN raised its holdings in CVR Partners, by 13.5% during the 2nd quarter. Wells Fargo & Company MN now owns 97,099 shares of the basic materials company’s stock worth $339,000 after buying an additional 11,581 shares during the period. Finally, Wedbush Securities Inc. raised its holdings in CVR Partners, by 141.7% during the 1st quarter. Wedbush Securities Inc. now owns 34,618 shares of the basic materials company’s stock worth $161,000 after buying an additional 20,296 shares during the period. Hedge funds and other institutional investors own 22.33% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this news story on another site, it was stolen and reposted in violation of United States & international copyright & trademark law. The legal version of this news story can be viewed at https://sportsperspectives.com/2017/09/12/cvr-partners-lp-uan-holdings-held-by-cna-financial-corp.html.

Shares of CVR Partners, LP (UAN) traded up 2.560% during trading on Tuesday, hitting $3.005. The stock had a trading volume of 80,301 shares. The firm has a 50 day moving average of $3.11 and a 200 day moving average of $4.07. CVR Partners, LP has a 1-year low of $2.58 and a 1-year high of $6.95. The company’s market capitalization is $340.41 million.

CVR Partners, (NYSE:UAN) last issued its earnings results on Thursday, July 27th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.01 by $0.04. CVR Partners, had a negative return on equity of 6.74% and a negative net margin of 12.03%. The company had revenue of $97.90 million for the quarter, compared to the consensus estimate of $117.15 million. During the same quarter last year, the business posted ($0.15) EPS. CVR Partners,’s quarterly revenue was down 18.3% on a year-over-year basis. Analysts expect that CVR Partners, LP will post ($0.29) EPS for the current fiscal year.

Several research firms have issued reports on UAN. Zacks Investment Research downgraded CVR Partners, from a “hold” rating to a “sell” rating in a report on Tuesday, May 16th. TheStreet downgraded CVR Partners, from a “c-” rating to a “d+” rating in a report on Thursday, May 25th. ValuEngine upgraded CVR Partners, from a “strong sell” rating to a “sell” rating in a report on Friday, June 2nd. BidaskClub upgraded CVR Partners, from a “strong sell” rating to a “sell” rating in a report on Tuesday, July 25th. Finally, Cowen and Company restated a “hold” rating and set a $5.00 price objective on shares of CVR Partners, in a report on Tuesday, July 11th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $5.50.

CVR Partners, Company Profile

CVR Partners, LP is a limited partnership formed by CVR Energy, Inc (CVR Energy) to own, operate and grow its nitrogen fertilizer business. The Company produces and distributes nitrogen fertilizer products, which are used by farmers to manage the yield and quality of their crops. As of December 31, 2016, the Company produced its nitrogen fertilizer products at two manufacturing facilities, located in Coffeyville, Kansas and East Dubuque, Illinois.

Institutional Ownership by Quarter for CVR Partners, (NYSE:UAN)

Receive News & Ratings for CVR Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CVR Partners LP and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply