CVR Partners (NYSE:UAN) Trading 8.9% Higher – Still a Buy?

CVR Partners, LP (NYSE:UAN) traded up 8.9% during mid-day trading on Wednesday . The stock traded as high as $127.57 and last traded at $125.2710. 27,492 shares traded hands during trading, a decline of 48% from the average session volume of 52,820 shares. The stock had previously closed at $114.99.

Wall Street Analysts Forecast Growth

UAN has been the topic of a number of research analyst reports. Weiss Ratings lowered shares of CVR Partners from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, February 19th. Wall Street Zen lowered shares of CVR Partners from a “strong-buy” rating to a “hold” rating in a research report on Saturday, February 21st. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, CVR Partners currently has an average rating of “Hold”.

CVR Partners Price Performance

The company has a debt-to-equity ratio of 2.14, a quick ratio of 1.36 and a current ratio of 2.21. The company has a 50-day moving average price of $108.31 and a 200-day moving average price of $98.69. The firm has a market capitalization of $2.15 billion, a P/E ratio of 13.44 and a beta of 0.60.

CVR Partners (NYSE:UAN) last released its quarterly earnings data on Wednesday, February 18th. The basic materials company reported ($0.97) EPS 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 during the quarter.

CVR Partners Cuts Dividend

The company 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 of this dividend was Monday, March 2nd. This represents a $1.48 annualized dividend and a yield of 1.2%. CVR Partners’s dividend payout ratio (DPR) is presently 15.85%.

Institutional Investors Weigh In On CVR Partners

Hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. bought a new position in CVR Partners during the second quarter worth about $16,516,000. Aristides Capital LLC bought a new stake in shares of CVR Partners in the second quarter worth about $326,000. Natixis bought a new stake in shares of CVR Partners in the second quarter worth about $4,442,000. GSA Capital Partners LLP raised its position in shares of CVR Partners by 64.9% during the third quarter. GSA Capital Partners LLP now owns 12,297 shares of the basic materials company’s stock worth $1,108,000 after purchasing an additional 4,840 shares during the period. Finally, De Lisle Partners LLP lifted its holdings in shares of CVR Partners by 1.6% during the 2nd quarter. De Lisle Partners LLP now owns 51,433 shares of the basic materials company’s stock valued at $4,569,000 after purchasing an additional 800 shares in the last quarter. 43.83% of the stock is currently owned by institutional investors and hedge funds.

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.