CVR Partners, LP (NYSE:UAN – Get Free Report) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 247,426 shares, an increase of 34.7% from the February 26th total of 183,648 shares. Based on an average trading volume of 160,481 shares, the short-interest ratio is presently 1.5 days. Approximately 1.5% of the shares of the company are short sold.
Institutional Trading of CVR Partners
Several large investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. bought a new stake in CVR Partners during the 2nd quarter valued at $16,516,000. Oxbow Advisors LLC grew its stake in shares of CVR Partners by 2,439.6% in the fourth quarter. Oxbow Advisors LLC now owns 66,030 shares of the basic materials company’s stock worth $6,768,000 after purchasing an additional 63,430 shares in the last quarter. Natixis acquired a new position in shares of CVR Partners during the second quarter valued at $4,442,000. ING Groep NV raised its stake in shares of CVR Partners by 156.9% during the fourth 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. Finally, GraniteShares Advisors LLC bought a new stake in shares of CVR Partners during the fourth quarter valued at about $2,876,000. 43.83% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the company. Wall Street Zen cut 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 investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.
CVR Partners Stock Performance
NYSE:UAN traded down $0.31 during mid-day trading on Friday, hitting $136.34. The stock had a trading volume of 40,408 shares, compared to its average volume of 121,696. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 14.60 and a beta of 0.60. The company has a 50 day simple moving average of $114.44 and a 200-day simple moving average of $102.73. CVR Partners has a 52 week low of $63.45 and a 52 week high of $139.50. The company has a current ratio of 2.21, a quick ratio of 1.36 and a debt-to-equity ratio of 2.14.
CVR Partners (NYSE:UAN – Get Free Report) last posted its earnings results on Wednesday, February 18th. The basic materials company reported ($0.97) EPS for the quarter. CVR Partners had a return on equity of 32.82% and a net margin of 16.28%.The firm had revenue of $131.07 million during the quarter.
CVR Partners Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, March 2nd were given 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 currently 15.85%.
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.
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