Shares of CVR Partners LP (NYSE:UAN) have received an average recommendation of “Hold” from the six brokerages that are covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $6.00.

Separately, Zacks Investment Research lowered shares of CVR Partners from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 6th.

In other CVR Partners news, major shareholder Gso Capital Partners Lp sold 1,900,000 shares of the stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $3.00, for a total value of $5,700,000.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Several hedge funds have recently modified their holdings of UAN. Goldman Sachs Group Inc. increased its position in shares of CVR Partners by 698.5% during the second quarter. Goldman Sachs Group Inc. now owns 3,270,562 shares of the basic materials company’s stock worth $11,414,000 after acquiring an additional 2,860,954 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of CVR Partners by 288.4% during the fourth quarter. Wells Fargo & Company MN now owns 369,433 shares of the basic materials company’s stock worth $1,211,000 after acquiring an additional 274,314 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of CVR Partners by 2,522.0% during the third quarter. JPMorgan Chase & Co. now owns 212,197 shares of the basic materials company’s stock worth $703,000 after acquiring an additional 204,104 shares in the last quarter. Virtu Financial LLC increased its position in shares of CVR Partners by 568.7% during the fourth quarter. Virtu Financial LLC now owns 157,391 shares of the basic materials company’s stock worth $516,000 after acquiring an additional 133,855 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new stake in shares of CVR Partners during the third quarter worth $417,000. 22.19% of the stock is owned by institutional investors.

CVR Partners (UAN) traded up $0.10 on Friday, reaching $3.02. 648,753 shares of the company’s stock traded hands, compared to its average volume of 705,080. The company has a current ratio of 2.02, a quick ratio of 1.22 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $353.83, a price-to-earnings ratio of -5.70 and a beta of 1.39. CVR Partners has a 12 month low of $2.58 and a 12 month high of $6.21.

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About CVR Partners

CVR Partners, LP is a limited partnership formed by CVR Energy, Inc (CVR Energy) to own, operate and grow its nitrogen fertilizer business. The Company produces and distributes nitrogen fertilizer products, which are used by farmers to manage the yield and quality of their crops. As of December 31, 2016, the Company produced its nitrogen fertilizer products at two manufacturing facilities, located in Coffeyville, Kansas and East Dubuque, Illinois.

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