CVR Partners (NYSE:UAN) Stock Price Up 6.3% - Here's Why

Key Points

• Up 6.3% — CVR Partners shares jumped to $119 during mid-day trading (from a prior close of $112) as about 23,804 shares changed hands, roughly 45% below the stock's average daily volume.
• Analyst downgrades — Weiss Ratings and Wall Street Zen recently lowered their ratings to Hold, and MarketBeat's aggregated rating for the company is currently "Hold."
• Mixed fundamentals and dividend — The company reported quarterly EPS of ($0.97) and revenue of $131.07 million while showing a 32.82% ROE and 16.28% net margin, and it declared a quarterly dividend of $0.37 (annual $1.48, yield 1.3%; ex-dividend March 2, payable March 9).

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Weiss Ratings cut shares of CVR Partners from a "buy (b-)" rating to a "hold (c)" rating in a research report on Thursday, February 19th. Wall Street Zen lowered CVR Partners from a "strong-buy" rating to a "hold" rating in a report on Saturday, February 21st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of "Hold".

CVR Partners Trading Up 5.5%

The company's 50 day simple moving average is $106.57 and its two-hundred day simple moving average is $97.84. The company has a quick ratio of 1.36, a current ratio of 2.21 and a debt-to-equity ratio of 2.14. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 12.65 and a beta of 0.60.

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

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 issued a dividend of $0.37 per share. The ex-dividend date is Monday, March 2nd. This represents a $1.48 annualized dividend and a dividend yield of 1.3%. CVR Partners's dividend payout ratio is 15.85%.

Institutional Trading of CVR Partners

Several large investors have recently bought and sold shares of UAN. Luken Investment Analytics LLC purchased a new position in shares of CVR Partners in the fourth quarter worth $41,000. Root Financial Partners LLC acquired a new position in shares of CVR Partners in the 3rd quarter valued at $54,000. NewEdge Advisors LLC raised its stake in CVR Partners by 33.3% in the 4th quarter. NewEdge Advisors LLC now owns 557 shares of the basic materials company's stock worth $57,000 after acquiring an additional 139 shares during the last quarter. BNP Paribas Financial Markets lifted its position in CVR Partners by 1,888.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 875 shares of the basic materials company's stock worth $78,000 after acquiring an additional 831 shares during the period. Finally, Tucker Asset Management LLC purchased a new stake in CVR Partners during the 4th quarter valued at about $100,000. Hedge funds and other institutional investors own 43.83% of the company's stock.

CVR Partners Company Profile

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.

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