CVR Partners (NYSE:UAN) Stock Price Up 6.3% – Here’s Why

CVR Partners, LP (NYSE:UAN)’s share price shot up 6.3% during trading on Thursday . The company traded as high as $119.00 and last traded at $119.00. 23,804 shares changed hands during trading, a decline of 45% from the average session volume of 42,972 shares. The stock had previously closed at $112.00.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Wall Street Zen downgraded shares of CVR Partners from a “strong-buy” rating to a “hold” rating in a report on Saturday, February 21st. Weiss Ratings downgraded shares of CVR Partners from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, February 19th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

CVR Partners Stock Performance

The company has a quick ratio of 1.36, a current ratio of 2.21 and a debt-to-equity ratio of 2.14. The firm has a 50-day moving average of $106.57 and a two-hundred day moving average of $97.84. The company has a market capitalization of $2.02 billion, a PE ratio of 12.65 and a beta of 0.60.

CVR Partners (NYSE:UAN) last posted its earnings results on Wednesday, February 18th. The basic materials company reported ($0.97) earnings per share for the quarter. CVR Partners had a net margin of 16.28% and a return on equity of 32.82%. The firm had revenue of $131.07 million for the quarter.

CVR Partners Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Monday, March 2nd will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Monday, March 2nd. CVR Partners’s payout ratio is currently 15.85%.

Institutional Trading of CVR Partners

A number of institutional investors and hedge funds have recently made changes to their positions in UAN. NewEdge Advisors LLC lifted its position in shares of CVR Partners by 33.3% during the 4th quarter. NewEdge Advisors LLC now owns 557 shares of the basic materials company’s stock valued at $57,000 after buying an additional 139 shares in the last quarter. Cetera Investment Advisers raised its position in CVR Partners by 6.0% during the fourth quarter. Cetera Investment Advisers now owns 3,757 shares of the basic materials company’s stock worth $385,000 after acquiring an additional 211 shares during the period. Apollon Wealth Management LLC lifted its holdings in CVR Partners by 2.6% during the fourth quarter. Apollon Wealth Management LLC now owns 8,408 shares of the basic materials company’s stock valued at $862,000 after purchasing an additional 215 shares in the last quarter. Stifel Financial Corp grew its position in shares of CVR Partners by 5.0% in the fourth quarter. Stifel Financial Corp now owns 5,823 shares of the basic materials company’s stock valued at $597,000 after purchasing an additional 275 shares during the period. Finally, Advisors Asset Management Inc. increased its stake in shares of CVR Partners by 5.6% during the fourth quarter. Advisors Asset Management Inc. now owns 6,745 shares of the basic materials company’s stock worth $691,000 after purchasing an additional 355 shares in the last quarter. 43.83% of the stock is currently owned by hedge funds and other institutional investors.

CVR Partners Company Profile

CVR Partners, L.P. (NYSE: UAN) is a publicly traded master limited partnership focused on the production and marketing of nitrogen fertilizer products. Headquartered in Sugar Land, Texas, the partnership owns and operates two nitrogen fertilizer plants in Coffeyville, Kansas, where it manufactures ammonia, granular urea, and urea ammonium nitrate (UAN) solutions. These products are essential nutrients for a wide range of row and specialty crops, helping growers optimize yield and soil fertility across diverse agricultural applications.

The partnership’s operations center on two integrated facilities connected by pipeline, rail and trucking infrastructure, enabling efficient logistics and year-round production.