CVR Partners (NYSE:UAN) Shares Gap Down – What’s Next?

Shares of CVR Partners, LP (NYSE:UAN) gapped down before the market opened 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.

Analyst Upgrades and Downgrades

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

CVR Partners Stock Down 7.3%

The business’s fifty day moving average price is $117.44 and its two-hundred day moving average price is $119.33. The company has a debt-to-equity ratio of 1.64, a quick ratio of 2.11 and a current ratio of 3.01. The firm has a market capitalization of $1.24 billion, a P/E ratio of 7.74 and a beta of 0.14.

CVR Partners (NYSE:UAN) 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 firm had revenue of $202.19 million during the quarter.

CVR Partners Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 10th will be given a dividend of $6.08 per share. The ex-dividend date of this dividend is Monday, August 10th. This is a boost from CVR Partners’s previous quarterly dividend of $4.00. This represents a $24.32 dividend on an annualized basis and a dividend yield of 20.7%. CVR Partners’s payout ratio is currently 160.42%.

Institutional Trading of CVR Partners

A number of institutional investors have recently made changes to their positions in UAN. NewEdge Advisors LLC lifted its stake in shares of CVR Partners by 33.3% during the fourth quarter. NewEdge Advisors LLC now owns 557 shares of the basic materials company’s stock worth $57,000 after buying an additional 139 shares during the period. Cetera Investment Advisers increased its position in shares of CVR Partners by 6.0% in the 4th quarter. Cetera Investment Advisers now owns 3,757 shares of the basic materials company’s stock valued at $385,000 after acquiring an additional 211 shares during the period. Apollon Wealth Management LLC increased its position in shares of CVR Partners by 2.6% in the 4th quarter. Apollon Wealth Management LLC now owns 8,408 shares of the basic materials company’s stock valued at $862,000 after acquiring an additional 215 shares during the period. Stifel Financial Corp raised its stake 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 worth $597,000 after acquiring an additional 275 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its stake in CVR Partners by 5.6% in the 4th 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 during 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.