CVR Partners (NYSE:UAN) Shares Gap Up – Here’s What Happened

CVR Partners, LP (NYSE:UANGet Free Report)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $126.00, but opened at $130.00. CVR Partners shares last traded at $129.25, with a volume of 5,600 shares changing hands.

Analysts Set New Price Targets

A number of research analysts have 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 equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Get Our Latest Stock Report on CVR Partners

CVR Partners Stock Down 0.5%

The stock has a market cap of $1.36 billion, a P/E ratio of 13.82 and a beta of 0.31. The company has a current ratio of 2.21, a quick ratio of 1.36 and a debt-to-equity ratio of 2.14. The firm’s fifty day moving average is $116.25 and its 200 day moving average is $104.38.

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

CVR Partners Cuts Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Luken Investment Analytics LLC bought a new position in shares of CVR Partners during the 4th quarter worth about $41,000. Root Financial Partners LLC bought a new position in shares of CVR Partners during the 3rd quarter worth about $54,000. NewEdge Advisors LLC increased its holdings 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 worth $57,000 after purchasing an additional 139 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of CVR Partners by 1,888.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 875 shares of the basic materials company’s stock worth $78,000 after purchasing an additional 831 shares during the period. Finally, Tucker Asset Management LLC bought a new position in shares of CVR Partners during the 4th quarter worth about $100,000. Institutional investors own 43.83% of the company’s stock.

About CVR Partners

(Get Free Report)

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.

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