CVR Partners (NYSE:UAN) Reaches New 52-Week High – Here’s Why

Shares of CVR Partners, LP (NYSE:UAN) hit a new 52-week high during trading on Friday . The company traded as high as $120.60 and last traded at $118.85, with a volume of 106073 shares trading hands. The stock had previously closed at $112.00.

Analyst Upgrades and Downgrades

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

CVR Partners Stock Performance

The company has a market cap of $2.18 billion, a P/E ratio of 13.62 and a beta of 0.60. The company has a quick ratio of 1.36, a current ratio of 2.21 and a debt-to-equity ratio of 2.14. The company has a 50 day moving average price of $107.62 and a 200-day moving average price of $98.28.

CVR Partners (NYSE:UAN) last posted its quarterly earnings data on Wednesday, February 18th. The basic materials company reported ($0.97) earnings per share for the quarter. The company 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 company also recently announced a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Monday, March 2nd will be issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.48 annualized dividend and a yield of 1.2%. CVR Partners’s payout ratio is presently 15.85%.

Institutional Trading of CVR Partners

Hedge funds and other institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC boosted its stake in CVR Partners by 33.3% during the fourth 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 in the last quarter. Cetera Investment Advisers boosted its position in shares of CVR Partners by 6.0% during the 4th quarter. Cetera Investment Advisers now owns 3,757 shares of the basic materials company’s stock valued at $385,000 after purchasing an additional 211 shares in the last quarter. Apollon Wealth Management LLC grew its stake in shares of CVR Partners by 2.6% in the 4th quarter. Apollon Wealth Management LLC now owns 8,408 shares of the basic materials company’s stock worth $862,000 after purchasing an additional 215 shares during the last quarter. Stifel Financial Corp raised its holdings in shares of CVR Partners by 5.0% in the 4th quarter. Stifel Financial Corp now owns 5,823 shares of the basic materials company’s stock worth $597,000 after purchasing an additional 275 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in CVR Partners by 5.6% during the fourth quarter. Advisors Asset Management Inc. now owns 6,745 shares of the basic materials company’s stock valued at $691,000 after purchasing an additional 355 shares during the last quarter. Institutional investors own 43.83% of the company’s stock.

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.