CVR Partners (NYSE:UAN) Shares Gap Down – Here’s Why

CVR Partners, LP (NYSE:UAN)’s share price gapped down prior to trading on Monday . The stock had previously closed at $126.57, but opened at $117.78. CVR Partners shares last traded at $118.70, with a volume of 18,685 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Weiss Ratings raised CVR Partners from a “hold (c)” rating to a “buy (b)” rating in a report on Thursday, May 14th. Wall Street Zen raised CVR Partners from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy”.

CVR Partners Trading Up 2.7%

The firm has a market capitalization of $1.27 billion, a PE ratio of 7.93 and a beta of 0.14. The company has a current ratio of 3.01, a quick ratio of 2.11 and a debt-to-equity ratio of 1.64. The business has a fifty day moving average price of $117.39 and a two-hundred day moving average price of $119.38.

CVR Partners (NYSE:UAN) last issued its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $7.33 earnings per share (EPS) for the quarter. The firm had revenue of $202.19 million during the quarter. CVR Partners had a return on equity of 51.56% and a net margin of 23.67%.

CVR Partners Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 10th will be given a dividend of $6.08 per share. This represents a $24.32 dividend on an annualized basis and a dividend yield of 20.2%. The ex-dividend date of this dividend is Monday, August 10th. This is an increase from CVR Partners’s previous quarterly dividend of $4.00. CVR Partners’s dividend payout ratio is 160.42%.

Institutional Trading of CVR Partners

Institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC boosted its stake in shares of CVR Partners by 33.3% in the fourth quarter. NewEdge Advisors LLC now owns 557 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 139 shares during the period. Cetera Investment Advisers increased its stake in CVR Partners by 6.0% during the 4th quarter. Cetera Investment Advisers now owns 3,757 shares of the basic materials company’s stock worth $385,000 after buying an additional 211 shares during the period. Apollon Wealth Management LLC lifted its holdings in CVR Partners by 2.6% during the 4th quarter. Apollon Wealth Management LLC now owns 8,408 shares of the basic materials company’s stock worth $862,000 after buying an additional 215 shares in the last quarter. Stifel Financial Corp boosted its position in CVR Partners by 5.0% in the 4th quarter. Stifel Financial Corp now owns 5,823 shares of the basic materials company’s stock valued at $597,000 after buying an additional 275 shares during the period. Finally, Advisors Asset Management Inc. grew its stake in shares of CVR Partners by 5.6% in the fourth quarter. Advisors Asset Management Inc. now owns 6,745 shares of the basic materials company’s stock worth $691,000 after acquiring an additional 355 shares in the last quarter. Institutional investors and hedge funds 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.