CVR Partners (NYSE:UAN) Shares Gap Up - What's Next?

Key Points

• CVR Partners shares opened higher, rising from a previous close of $126.40 to $130.80 before trading around $130.19, up roughly 0.8%.
• The company reported quarterly EPS of $7.33 on $202.19 million in revenue, with a 23.67% net margin and 51.56% return on equity. Weiss Ratings reaffirmed a “Buy” rating, and MarketBeat lists the stock’s average rating as “Buy.”
• CVR Partners increased its quarterly dividend to $6.08 per share from $4.00, representing an annualized payout of $24.32 and an 18.5% yield, although its payout ratio is elevated at 160.42%.

CVR Partners, LP (NYSE:UAN - Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $126.40, but opened at $130.80. CVR Partners shares last traded at $130.1850, with a volume of 1,136 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a "buy (b)" rating on shares of CVR Partners in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy".

CVR Partners Trading Up 0.8%

The company has a debt-to-equity ratio of 1.64, a current ratio of 3.01 and a quick ratio of 2.11. The company has a market capitalization of $1.39 billion, a P/E ratio of 8.66 and a beta of 0.16. The business's 50-day moving average price is $120.31 and its two-hundred day moving average price is $121.27.

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

CVR Partners Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were given a dividend of $6.08 per share. This is an increase from CVR Partners's previous quarterly dividend of $4.00. The ex-dividend date of this dividend was Monday, August 10th. This represents a $24.32 dividend on an annualized basis and a yield of 18.5%. CVR Partners's payout ratio is currently 160.42%.

Institutional Trading of CVR Partners

A number of hedge funds and other institutional investors have recently made changes to their positions in UAN. Oxbow Advisors LLC boosted its holdings 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 purchasing an additional 63,430 shares during the last quarter. De Lisle Partners LLP acquired a new stake in CVR Partners in the 2nd quarter valued at $6,058,000. ING Groep NV lifted its position in CVR Partners by 156.9% during the 4th quarter. ING Groep NV now owns 50,100 shares of the basic materials company's stock worth $5,135,000 after buying an additional 30,600 shares in the last quarter. Tucker Asset Management LLC bought a new stake in CVR Partners during the 4th quarter worth about $100,000. Finally, Luken Investment Analytics LLC acquired a new position in shares of CVR Partners during the 4th quarter worth about $41,000. 43.83% of the stock is currently owned by institutional investors and hedge funds.

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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