CVR Partners (NYSE:UAN) Shares Gap Down – Should You Sell?

CVR Partners, LP (NYSE:UAN) gapped down prior to trading on Thursday . The stock had previously closed at $107.99, but opened at $103.15. CVR Partners shares last traded at $108.4540, with a volume of 34,269 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of CVR Partners from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, CVR Partners currently has a consensus rating of “Buy”.

CVR Partners Stock Down 1.2%

The stock has a market capitalization of $1.83 billion, a P/E ratio of 8.87 and a beta of 0.66. The stock’s 50-day moving average price is $105.01 and its two-hundred day moving average price is $97.14. The company has a current ratio of 2.68, a quick ratio of 1.92 and a debt-to-equity ratio of 1.79.

CVR Partners (NYSE:UAN) last issued its earnings results on Wednesday, February 18th. The basic materials company reported ($0.97) EPS for the quarter. The company had revenue of $131.07 million during the quarter. CVR Partners had a return on equity of 41.38% and a net margin of 20.70%.

CVR Partners Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 9th. Stockholders of record on Monday, March 2nd will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, March 2nd. CVR Partners’s payout ratio is currently 133.55%.

Institutional Investors Weigh In On CVR Partners

A number of institutional investors have recently added to or reduced their stakes in UAN. JPMorgan Chase & Co. bought a new position in CVR Partners during the second quarter valued at $16,516,000. Oxbow Advisors LLC grew its holdings in CVR Partners by 2,439.6% during the 4th quarter. Oxbow Advisors LLC now owns 66,030 shares of the basic materials company’s stock valued at $6,768,000 after purchasing an additional 63,430 shares during the last quarter. Natixis purchased a new stake in CVR Partners in the 2nd quarter worth about $4,442,000. ING Groep NV lifted its stake in CVR Partners by 156.9% in the fourth quarter. ING Groep NV now owns 50,100 shares of the basic materials company’s stock worth $5,135,000 after purchasing an additional 30,600 shares during the last quarter. Finally, GraniteShares Advisors LLC bought a new position in shares of CVR Partners during the fourth quarter valued at approximately $2,876,000. 43.83% of the stock is 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.