CVR Partners (NYSE:UAN) Shares Gap Up – Time to Buy?

CVR Partners, LP (NYSE:UAN)’s share price gapped up before the market opened 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.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of CVR Partners in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

CVR Partners Trading Up 0.8%

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 simple moving average of $120.31 and a two-hundred day simple moving average of $121.27. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of 8.66 and a beta of 0.16.

CVR Partners (NYSE:UAN) last released its quarterly earnings data 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 company had revenue of $202.19 million during the quarter.

CVR Partners Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors 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. The ex-dividend date was Monday, August 10th. This represents a $24.32 dividend on an annualized basis and a yield of 18.5%. CVR Partners’s dividend payout ratio (DPR) is currently 160.42%.

Hedge Funds Weigh In On CVR Partners

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UAN. De Lisle Partners LLP bought a new position in shares of CVR Partners in the second quarter valued at about $6,058,000. Bank of America Corp DE boosted its holdings in shares of CVR Partners by 219.8% during the 1st quarter. Bank of America Corp DE now owns 7,209 shares of the basic materials company’s stock worth $913,000 after buying an additional 4,955 shares during the period. Royal Bank of Canada grew its stake in CVR Partners by 30.6% in the 1st quarter. Royal Bank of Canada now owns 11,054 shares of the basic materials company’s stock valued at $1,400,000 after buying an additional 2,591 shares during the last quarter. Oxbow Advisors LLC grew its stake in CVR Partners by 5.7% in the 1st quarter. Oxbow Advisors LLC now owns 69,768 shares of the basic materials company’s stock valued at $8,838,000 after buying an additional 3,738 shares during the last quarter. Finally, Webster Bank N. A. acquired a new position in CVR Partners in the 1st quarter valued at about $380,000. 43.83% of the stock is owned by 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.