CVR Partners, LP (NYSE:UAN) major shareholder Special Situations Fund Lp Gso sold 16,105 shares of the business’s stock in a transaction dated Friday, January 27th. The stock was sold at an average price of $6.53, for a total transaction of $105,165.65. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Special Situations Fund Lp Gso also recently made the following trade(s):
CVR Partners, LP (NYSE:UAN) opened at 6.35 on Wednesday. The stock has a 50 day moving average of $6.24 and a 200 day moving average of $5.84. CVR Partners, LP has a 52-week low of $4.05 and a 52-week high of $9.75. The stock has a market capitalization of $719.34 million, a P/E ratio of 93.38 and a beta of 1.70.
Several large investors have recently bought and sold shares of the company. Blackstone Group L.P. purchased a new stake in CVR Partners, during the second quarter valued at $138,890,000. Allianz Asset Management AG bought a new stake in shares of CVR Partners, during the second quarter worth approximately $5,276,000. CNA Financial Corp raised its stake in shares of CVR Partners, by 108.0% in the second quarter. CNA Financial Corp now owns 504,164 shares of the company’s stock worth $4,119,000 after buying an additional 261,816 shares in the last quarter. Pekin Singer Strauss Asset Management IL raised its stake in shares of CVR Partners, by 1,308.0% in the second quarter. Pekin Singer Strauss Asset Management IL now owns 256,257 shares of the company’s stock worth $2,094,000 after buying an additional 238,057 shares in the last quarter. Finally, California Public Employees Retirement System raised its stake in shares of CVR Partners, by 20.4% in the second quarter. California Public Employees Retirement System now owns 247,552 shares of the company’s stock worth $2,022,000 after buying an additional 41,952 shares in the last quarter. 19.73% of the stock is currently owned by institutional investors and hedge funds.
Separately, Zacks Investment Research downgraded shares of CVR Partners, from a “hold” rating to a “sell” rating in a report on Tuesday, November 1st. Four analysts have rated the stock with a hold rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $8.93.
CVR Partners, Company Profile
CVR Partners, LP owns and operates nitrogen fertilizer business. The Company produces and distributes nitrogen fertilizer products. The Company operates through the United States segment. Its principal products are urea-ammonium nitrate (UAN) and ammonia. The Company’s products are manufactured at its nitrogen fertilizer manufacturing facility in Coffeyville, Kansas, that utilizes a petroleum coke, or pet coke, gasification process to produce nitrogen fertilizer.