CVR Partners (NYSE:UAN) Sets New 1-Year High – Here’s Why

CVR Partners, LP (NYSE:UAN) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $139.50 and last traded at $137.7760, with a volume of 11808 shares changing hands. The stock had previously closed at $137.00.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on UAN shares. Wall Street Zen cut shares of CVR Partners from a “strong-buy” rating to a “hold” rating in a research report on Saturday, February 21st. Weiss Ratings cut shares of CVR Partners from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, February 19th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, CVR Partners currently has a consensus rating of “Hold”.

CVR Partners Stock Up 1.0%

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 firm has a market capitalization of $1.46 billion, a PE ratio of 14.83 and a beta of 0.60. The company has a fifty day moving average price of $114.44 and a 200-day moving average price of $102.73.

CVR Partners (NYSE:UAN) last posted 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 business 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. Shareholders of record on Monday, March 2nd were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, March 2nd. CVR Partners’s dividend payout ratio (DPR) is presently 15.85%.

Institutional Trading of CVR Partners

Hedge funds have recently made changes to their positions in the business. Jane Street Group LLC bought a new position in shares of CVR Partners in the 1st quarter valued at about $1,595,000. JPMorgan Chase & Co. purchased a new stake in CVR Partners during the second quarter valued at approximately $16,516,000. Jefferies Financial Group Inc. purchased a new stake in CVR Partners during the second quarter valued at approximately $204,000. Advisors Asset Management Inc. lifted its stake in shares of CVR Partners by 24.8% in the 2nd quarter. Advisors Asset Management Inc. now owns 4,418 shares of the basic materials company’s stock valued at $392,000 after purchasing an additional 877 shares during the last quarter. Finally, De Lisle Partners LLP boosted its holdings in shares of CVR Partners by 1.6% in the 2nd quarter. De Lisle Partners LLP now owns 51,433 shares of the basic materials company’s stock worth $4,569,000 after purchasing an additional 800 shares during the period. 43.83% of the stock is currently owned by hedge funds and other institutional investors.

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.