CVR Partners (NYSE:UAN) Trading 6.3% Higher – Still a Buy?

CVR Partners, LP (NYSE:UAN)’s stock price traded up 6.3% during mid-day trading on Thursday . The stock traded as high as $119.00 and last traded at $119.00. 23,804 shares traded hands during trading, a decline of 45% from the average session volume of 42,972 shares. The stock had previously closed at $112.00.

Analysts Set New Price Targets

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

CVR Partners Stock Performance

The business’s fifty day moving average price is $107.62 and its two-hundred day moving average price is $98.23. 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 stock has a market capitalization of $2.18 billion, a P/E ratio of 13.62 and a beta of 0.60.

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

CVR Partners Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 9th. Stockholders of record on Monday, March 2nd will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, March 2nd. CVR Partners’s dividend payout ratio (DPR) is presently 15.85%.

Hedge Funds Weigh In On CVR Partners

Large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its holdings in CVR Partners by 1.8% during the 4th quarter. JPMorgan Chase & Co. now owns 196,556 shares of the basic materials company’s stock valued at $20,147,000 after buying an additional 3,490 shares during the period. Oxbow Advisors LLC boosted its stake in CVR Partners by 2,439.6% during the fourth quarter. Oxbow Advisors LLC now owns 66,030 shares of the basic materials company’s stock worth $6,768,000 after buying an additional 63,430 shares during the period. De Lisle Partners LLP increased its position in CVR Partners by 1.6% during the second quarter. De Lisle Partners LLP now owns 51,433 shares of the basic materials company’s stock valued at $4,569,000 after acquiring an additional 800 shares during the last quarter. ING Groep NV increased its position in 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 acquiring an additional 30,600 shares during the last quarter. Finally, Natixis purchased a new stake in shares of CVR Partners in the second quarter valued at $4,442,000. Institutional investors own 43.83% of the company’s stock.

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.