CVR Partners, LP (NYSE:UAN – Get Free Report) saw a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 247,426 shares, an increase of 34.7% from the February 26th total of 183,648 shares. Currently, 1.5% of the company’s shares are short sold. Based on an average daily volume of 160,481 shares, the days-to-cover ratio is presently 1.5 days.
Institutional Investors Weigh In On CVR Partners
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Luken Investment Analytics LLC bought a new stake in CVR Partners during the fourth quarter valued at $41,000. Root Financial Partners LLC acquired a new position in shares of CVR Partners in the 3rd quarter valued at about $54,000. NewEdge Advisors LLC boosted its holdings in shares of CVR Partners by 33.3% in the 4th quarter. NewEdge Advisors LLC now owns 557 shares of the basic materials company’s stock valued at $57,000 after buying an additional 139 shares during the period. BNP Paribas Financial Markets grew its position 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 buying an additional 831 shares during the last quarter. Finally, Tucker Asset Management LLC bought a new stake in shares of CVR Partners during the 4th quarter valued at about $100,000. 43.83% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research firms recently issued reports on UAN. Weiss Ratings downgraded shares of CVR Partners from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, February 19th. Wall Street Zen cut shares of CVR Partners from a “strong-buy” rating to a “hold” rating in a research report on Saturday, February 21st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.
CVR Partners Stock Down 0.2%
Shares of UAN stock traded down $0.31 on Friday, hitting $136.34. The stock had a trading volume of 40,408 shares, compared to its average volume of 121,696. The stock’s 50 day moving average is $114.44 and its 200-day moving average is $102.73. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of 14.60 and a beta of 0.60. CVR Partners has a 52-week low of $63.45 and a 52-week high of $139.50. The company has a debt-to-equity ratio of 2.14, a quick ratio of 1.36 and a current ratio of 2.21.
CVR Partners (NYSE:UAN – Get Free Report) last issued 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 during the quarter. CVR Partners had a return on equity of 32.82% and a net margin of 16.28%.
CVR Partners Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 2nd were issued a $0.37 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.48 dividend on an annualized basis and a yield of 1.1%. CVR Partners’s dividend payout ratio is currently 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.
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