Ion Asset Management Ltd. Decreases Stake in CVR Partners, LP $UAN

Ion Asset Management Ltd. decreased its holdings in CVR Partners, LP (NYSE:UAN) by 53.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 40,393 shares of the basic materials company’s stock after selling 46,207 shares during the period. CVR Partners makes up 0.4% of Ion Asset Management Ltd.’s portfolio, making the stock its 28th largest holding. Ion Asset Management Ltd.’s holdings in CVR Partners were worth $3,640,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of UAN. Root Financial Partners LLC purchased a new stake in shares of CVR Partners during the 3rd quarter valued at about $54,000. BNP Paribas Financial Markets raised its holdings in shares of CVR Partners by 1,888.6% during the second quarter. BNP Paribas Financial Markets now owns 875 shares of the basic materials company’s stock valued at $78,000 after purchasing an additional 831 shares during the last quarter. State of Wyoming raised its holdings in shares of CVR Partners by 41.9% during the third quarter. State of Wyoming now owns 2,054 shares of the basic materials company’s stock valued at $185,000 after purchasing an additional 607 shares during the last quarter. Jefferies Financial Group Inc. bought a new position in CVR Partners during the second quarter valued at approximately $204,000. Finally, Bessemer Group Inc. purchased a new stake in CVR Partners in the third quarter worth approximately $214,000. Institutional investors own 43.83% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Wall Street Zen downgraded shares of CVR Partners from a “strong-buy” rating to a “hold” rating in a research report on Saturday, February 21st. Weiss Ratings downgraded CVR Partners from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, February 19th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

CVR Partners Trading Down 4.4%

NYSE:UAN opened at $132.93 on Monday. CVR Partners, LP has a one year low of $63.45 and a one year high of $139.50. The business has a fifty day moving average price of $110.16 and a 200-day moving average price of $99.60. The firm has a market capitalization of $2.28 billion, a price-to-earnings ratio of 14.23 and a beta of 0.60. The company has a debt-to-equity ratio of 2.14, a current ratio of 2.21 and a quick ratio of 1.36.

CVR Partners (NYSE:UAN) last released 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 company had revenue of $131.07 million for the quarter.

CVR Partners Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 2nd were paid a dividend of $0.37 per share. The ex-dividend date was Monday, March 2nd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.1%. CVR Partners’s payout ratio is 15.85%.

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.