CVR Partners, LP (NYSE:UAN – Get Free Report) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 203,224 shares, an increase of 39.1% from the December 15th total of 146,107 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average trading volume of 23,449 shares, the days-to-cover ratio is currently 8.7 days. Based on an average trading volume of 23,449 shares, the days-to-cover ratio is currently 8.7 days. Currently, 1.2% of the shares of the company are sold short.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings upgraded CVR Partners from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy”.
Read Our Latest Stock Analysis on CVR Partners
CVR Partners Stock Performance
CVR Partners (NYSE:UAN – Get Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The basic materials company reported $4.08 EPS for the quarter. The company had revenue of $163.55 million for the quarter. CVR Partners had a net margin of 20.70% and a return on equity of 41.38%.
CVR Partners Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Monday, November 10th were paid a dividend of $4.02 per share. This represents a $16.08 annualized dividend and a yield of 14.2%. The ex-dividend date of this dividend was Monday, November 10th. This is an increase from CVR Partners’s previous quarterly dividend of $3.89. CVR Partners’s dividend payout ratio (DPR) is presently 133.55%.
Institutional Investors Weigh In On CVR Partners
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC purchased a new stake in shares of CVR Partners in the first quarter valued at $1,595,000. Apollon Wealth Management LLC lifted its position in shares of CVR Partners by 17.4% in the second quarter. Apollon Wealth Management LLC now owns 7,380 shares of the basic materials company’s stock worth $656,000 after purchasing an additional 1,094 shares in the last quarter. SP Asset Management LLC acquired a new stake in shares of CVR Partners during the second quarter worth approximately $558,000. JPMorgan Chase & Co. purchased a new position in CVR Partners during the second quarter valued at approximately $16,516,000. Finally, Jefferies Financial Group Inc. acquired a new position in CVR Partners in the 2nd quarter valued at approximately $204,000. 43.83% of the stock is 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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