CVR Partners (NYSE:UAN) Shares Gap Up – Should You Buy?

CVR Partners, LP (NYSE:UAN) shares gapped up prior to trading on Tuesday . The stock had previously closed at $102.39, but opened at $109.01. CVR Partners shares last traded at $108.6150, with a volume of 1,351 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of CVR Partners from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, January 7th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

CVR Partners Price Performance

The firm has a 50-day moving average of $102.97 and a 200 day moving average of $96.32. The company has a debt-to-equity ratio of 1.79, a current ratio of 2.68 and a quick ratio of 1.92. The company has a market capitalization of $1.87 billion, a PE ratio of 9.06 and a beta of 0.66.

Institutional Investors Weigh In On CVR Partners

A number of hedge funds have recently added to or reduced their stakes in UAN. Jane Street Group LLC purchased a new position in shares of CVR Partners in the 1st quarter worth $1,595,000. Apollon Wealth Management LLC boosted its position in 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 during the last quarter. SP Asset Management LLC purchased a new stake in shares of CVR Partners during the 2nd quarter valued at about $558,000. JPMorgan Chase & Co. bought a new position in shares of CVR Partners in the 2nd quarter worth approximately $16,516,000. Finally, Jefferies Financial Group Inc. purchased a new position in shares of CVR Partners in the second quarter worth approximately $204,000. 43.83% of the stock is currently owned by hedge funds and other institutional investors.

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.