The stock of CVR Partners LP (NYSE:UAN) is a huge mover today! About 235,735 shares traded hands. CVR Partners LP (NYSE:UAN) has declined 27.89% since March 2, 2016 and is downtrending. It has underperformed by 36.15% the S&P500.
The move comes after 6 months positive chart setup for the $642.39 million company. It was reported on Oct, 5 by Barchart.com. We have $9.51 PT which if reached, will make NYSE:UAN worth $436.83M more.
Analysts await CVR Partners LP (NYSE:UAN) to report earnings on November, 3. They expect $-0.05 earnings per share, up 28.57% or $0.02 from last year’s $-0.07 per share. After $0.01 actual earnings per share reported by CVR Partners LP for the previous quarter, Wall Street now forecasts -600.00% negative EPS growth.
According to Zacks Investment Research, “CVR Partners, LP is a limited partnership operating nitrogen fertilizer business which utilizes a petroleum coke, or pet coke, gasification process to produce nitrogen fertilizer. CVR Partners, LP is based in Sugar Land, Texas.”
Insitutional Activity: The institutional sentiment increased to 3.6 in Q2 2016. Its up 3.03, from 0.57 in 2016Q1. The ratio is positive, as 6 funds sold all CVR Partners LP shares owned while 9 reduced positions. 28 funds bought stakes while 26 increased positions. They now own 53.26 million shares or 1477.82% more from 3.38 million shares in 2016Q1.
The New Jersey-based Credit Capital Invs Ltd Liability has invested 5.81% in CVR Partners LP (NYSE:UAN). Hite Hedge Asset Management Ltd Liability accumulated 1.42% or 427,033 shares. Bollard Gru Inc Ltd Liability Company holds 0% of its portfolio in CVR Partners LP (NYSE:UAN) for 1,509 shares. Ing Groep Nv holds 0% of its portfolio in CVR Partners LP (NYSE:UAN) for 20,715 shares. Glenmede Trust Na holds 0% of its portfolio in CVR Partners LP (NYSE:UAN) for 400 shares. Pnc Serv Gru Inc holds 0% of its portfolio in CVR Partners LP (NYSE:UAN) for 840 shares. Moreover, Babson Limited Liability Company has 0.04% invested in CVR Partners LP (NYSE:UAN) for 186,319 shares. Blackrock Inc holds 0% of its portfolio in CVR Partners LP (NYSE:UAN) for 95,848 shares. Credit Suisse Ag, a Switzerland-based fund reported 11,941 shares. Guggenheim Capital Ltd Co accumulated 0% or 98,448 shares. Parallax Volatility Advisers Limited Partnership has 0% invested in the company for 3 shares. Peak6 Investments Limited Partnership holds 0% or 5,807 shares in its portfolio. Citigroup Inc has 0% invested in the company for 2,690 shares. Manufacturers Life Insurance Communications The has 1,729 shares for 0% of their US portfolio. Synovus Fincl holds 0% of its portfolio in CVR Partners LP (NYSE:UAN) for 3,500 shares.
More notable recent CVR Partners LP (NYSE:UAN) news were published by: Fool.com which released: “Why CVR Partners LP Soared 18.9% in March” on April 08, 2016, also Fool.com with their article: “Does This Scary Designation Make CVR Partners, LP a Risky Stock?” published on June 02, 2016, Prnewswire.com published: “CVR Partners, LP Announces Commencement of Tender Offer, Consent Solicitation …” on April 29, 2016. More interesting news about CVR Partners LP (NYSE:UAN) were released by: Prnewswire.com and their article: “CVR Partners, LP to Combine with Rentech Nitrogen Partners, L.P. To Create a …” published on August 10, 2015 as well as Prnewswire.com‘s news article titled: “CVR Partners To Announce 2016 Second Quarter Results And Cash Distribution On …” with publication date: July 14, 2016.
UAN Company Profile
CVR Partners, LP, incorporated on June 12, 2007, owns and operates nitrogen fertilizer business. The Firm produces and distributes nitrogen fertilizer products. The Firm operates through the United States segment. The Company’s 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. The nitrogen fertilizer plant processes approximately 1,300 tons per day of ammonia, and consists of a 3,000 ton-per-day UAN unit and a gasifier complex having a capacity of approximately 90 million standard cubic feet per day of hydrogen.
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