CVR Partners (NYSE:UAN) Shares Gap Up – Here’s What Happened

CVR Partners, LP (NYSE:UAN)’s stock price 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 traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of CVR Partners in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, CVR Partners presently has an average rating of “Buy”.

CVR Partners Stock Performance

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 business has a 50 day moving average price of $121.24 and a 200 day moving average price of $121.58. The stock has a market capitalization of $1.39 billion, a PE ratio of 8.66 and a beta of 0.16.

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

CVR Partners Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 10th were paid a $6.08 dividend. This is a boost from CVR Partners’s previous quarterly dividend of $4.00. This represents a $24.32 annualized dividend and a dividend yield of 18.5%. The ex-dividend date was Monday, August 10th. CVR Partners’s payout ratio is currently 160.42%.

Hedge Funds Weigh In On CVR Partners

A number of hedge funds have recently added to or reduced their stakes in UAN. Oxbow Advisors LLC boosted its stake in CVR Partners by 2,439.6% during the 4th quarter. Oxbow Advisors LLC now owns 66,030 shares of the basic materials company’s stock valued at $6,768,000 after purchasing an additional 63,430 shares during the last quarter. De Lisle Partners LLP bought a new stake in CVR Partners in the 2nd quarter worth about $6,058,000. ING Groep NV raised its position in CVR Partners by 156.9% in 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 during the last quarter. Jane Street Group LLC bought a new position in CVR Partners during the 1st quarter valued at about $1,595,000. Finally, Bank of America Corp DE boosted its holdings in shares of CVR Partners by 144.6% during the 2nd quarter. Bank of America Corp DE now owns 21,376 shares of the basic materials company’s stock valued at $1,899,000 after acquiring an additional 12,637 shares during the last quarter. 43.83% of the stock is currently owned by hedge funds and other institutional investors.

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.