CVR Partners (NYSE:UAN) Cut to “Hold” at StockNews.com

CVR Partners (NYSE:UAN) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Wednesday.

CVR Partners Stock Performance

UAN stock traded up $4.42 during trading on Wednesday, hitting $78.67. 167,602 shares of the company’s stock traded hands, compared to its average volume of 45,439. The stock has a market capitalization of $831.54 million, a price-to-earnings ratio of 4.82 and a beta of 1.28. CVR Partners has a 52 week low of $60.50 and a 52 week high of $104.86. The stock has a fifty day moving average price of $69.17 and a two-hundred day moving average price of $73.15. The company has a quick ratio of 1.28, a current ratio of 2.20 and a debt-to-equity ratio of 1.81.

CVR Partners (NYSE:UAN) last posted its quarterly earnings results on Tuesday, February 20th. The basic materials company reported $0.94 EPS for the quarter. The business had revenue of $141.62 million during the quarter. CVR Partners had a net margin of 25.30% and a return on equity of 50.45%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Coppell Advisory Solutions LLC bought a new position in shares of CVR Partners in the second quarter valued at approximately $28,000. Advisory Services Network LLC increased its position in shares of CVR Partners by 508.5% during the 1st quarter. Advisory Services Network LLC now owns 359 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 300 shares during the period. Harbour Investments Inc. increased its position in shares of CVR Partners by 189.3% during the 3rd quarter. Harbour Investments Inc. now owns 379 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 248 shares during the period. Citigroup Inc. bought a new stake in shares of CVR Partners in the 1st quarter worth $55,000. Finally, Advisor Group Holdings Inc. grew its holdings in CVR Partners by 707.7% during the first quarter. Advisor Group Holdings Inc. now owns 420 shares of the basic materials company’s stock worth $58,000 after acquiring an additional 368 shares during the period. Institutional investors own 8.26% of the company’s stock.

CVR Partners Company Profile

CVR Partners, LP, together with its subsidiaries, engages in the production and sale of nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers; and urea ammonium nitrate products to agricultural customers, as well as retailers and distributors.