Ion Asset Management Ltd. Sells 46,207 Shares of CVR Partners, LP $UAN

Ion Asset Management Ltd. lessened its holdings in shares of CVR Partners, LP (NYSE:UAN) by 53.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,393 shares of the basic materials company’s stock after selling 46,207 shares during the quarter. CVR Partners makes up 0.4% of Ion Asset Management Ltd.’s portfolio, making the stock its 28th biggest position. Ion Asset Management Ltd. owned 0.24% of CVR Partners worth $3,640,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UAN. Root Financial Partners LLC purchased a new position in CVR Partners during the 3rd quarter valued at $54,000. BNP Paribas Financial Markets boosted its stake in shares of CVR Partners by 1,888.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 875 shares of the basic materials company’s stock valued at $78,000 after purchasing an additional 831 shares in the last quarter. State of Wyoming boosted its stake in shares of CVR Partners by 41.9% during the 3rd quarter. State of Wyoming now owns 2,054 shares of the basic materials company’s stock valued at $185,000 after purchasing an additional 607 shares in the last quarter. Jefferies Financial Group Inc. purchased a new position in shares of CVR Partners during the second quarter valued at about $204,000. Finally, Bessemer Group Inc. purchased a new position in shares of CVR Partners during the third quarter valued at about $214,000. Hedge funds and other institutional investors own 43.83% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Wall Street Zen downgraded CVR Partners from a “strong-buy” rating to a “hold” rating in a report on Saturday, February 21st. Weiss Ratings lowered CVR Partners from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, February 19th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, CVR Partners presently has a consensus rating of “Hold”.

CVR Partners Trading Down 4.4%

NYSE UAN opened at $132.93 on Monday. The stock’s fifty day moving average price is $110.16 and its 200-day moving average price is $99.60. The company has a current ratio of 2.21, a quick ratio of 1.36 and a debt-to-equity ratio of 2.14. The stock has a market cap of $2.28 billion, a P/E ratio of 14.23 and a beta of 0.60. CVR Partners, LP has a 12 month low of $63.45 and a 12 month high of $139.50.

CVR Partners (NYSE:UAN) last announced its quarterly earnings data on Wednesday, February 18th. The basic materials company reported ($0.97) EPS for the quarter. The firm had revenue of $131.07 million for the quarter. CVR Partners had a net margin of 16.28% and a return on equity of 32.82%.

CVR Partners Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 2nd were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.48 annualized dividend and a dividend yield of 1.1%. CVR Partners’s dividend payout ratio (DPR) is 15.85%.

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.