CVR Partners (NYSE:UAN) Shares Gap Down – Time to Sell?

Shares of CVR Partners, LP (NYSE:UAN) gapped down before the market opened on Monday . The stock had previously closed at $126.57, but opened at $117.78. CVR Partners shares last traded at $118.70, with a volume of 18,685 shares.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Weiss Ratings upgraded CVR Partners from a “hold (c)” rating to a “buy (b)” rating in a research note on Thursday, May 14th. Wall Street Zen upgraded shares of CVR Partners from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

CVR Partners Stock Down 7.3%

The company has a quick ratio of 2.11, a current ratio of 3.01 and a debt-to-equity ratio of 1.64. The stock has a market cap of $1.24 billion, a P/E ratio of 7.74 and a beta of 0.14. The company’s 50 day moving average price is $117.44 and its two-hundred day moving average price is $119.33.

CVR Partners (NYSE:UAN) last announced its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $7.33 earnings per share (EPS) for the quarter. The company had revenue of $202.19 million for the quarter. CVR Partners had a return on equity of 51.56% and a net margin of 23.67%.

CVR Partners Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 10th will be given a dividend of $6.08 per share. This represents a $24.32 dividend on an annualized basis and a dividend yield of 20.7%. The ex-dividend date of this dividend is Monday, August 10th. This is a positive change from CVR Partners’s previous quarterly dividend of $4.00. CVR Partners’s dividend payout ratio is currently 160.42%.

Institutional Trading of CVR Partners

Institutional investors and hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in CVR Partners by 1.8% during the 4th quarter. JPMorgan Chase & Co. now owns 196,556 shares of the basic materials company’s stock worth $20,147,000 after acquiring an additional 3,490 shares in the last quarter. Oxbow Advisors LLC increased its position in CVR Partners by 5.7% during the 1st quarter. Oxbow Advisors LLC now owns 69,768 shares of the basic materials company’s stock valued at $8,838,000 after purchasing an additional 3,738 shares during the period. ING Groep NV raised its holdings in shares of CVR Partners by 156.9% in the 4th quarter. ING Groep NV now owns 50,100 shares of the basic materials company’s stock valued at $5,135,000 after purchasing an additional 30,600 shares in the last quarter. GraniteShares Advisors LLC bought a new stake in shares of CVR Partners in the 4th quarter valued at about $2,876,000. Finally, Bank of America Corp DE lifted its position in shares of CVR Partners by 144.6% in the 2nd quarter. Bank of America Corp DE now owns 21,376 shares of the basic materials company’s stock worth $1,899,000 after purchasing an additional 12,637 shares during the period. 43.83% of the stock is currently owned by institutional investors.

About CVR Partners

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.