CVR Partners (NYSE:UAN) Shares Cross Above 200 Day Moving Average – Here’s Why

CVR Partners, LP (NYSE:UANGet Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $113.34 and traded as high as $121.24. CVR Partners shares last traded at $120.8320, with a volume of 72,240 shares.

Analysts Set New Price Targets

Several brokerages recently commented on UAN. Weiss Ratings raised CVR Partners from a “hold (c)” rating to a “buy (b)” rating in a report on Thursday, May 14th. Wall Street Zen raised CVR Partners from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on CVR Partners

CVR Partners Stock Performance

The company has a quick ratio of 1.86, a current ratio of 2.75 and a debt-to-equity ratio of 1.83. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 10.51 and a beta of 0.13. The company’s 50-day simple moving average is $127.71 and its 200-day simple moving average is $113.34.

CVR Partners (NYSE:UANGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $4.72 earnings per share (EPS) for the quarter. The firm had revenue of $180.05 million for the quarter. CVR Partners had a net margin of 18.89% and a return on equity of 40.08%.

CVR Partners Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, May 18th. Shareholders of record on Monday, May 11th were given a $4.00 dividend. This represents a $16.00 annualized dividend and a yield of 13.2%. This is a positive change from CVR Partners’s previous quarterly dividend of $0.37. The ex-dividend date was Monday, May 11th. CVR Partners’s dividend payout ratio (DPR) is presently 139.13%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Luken Investment Analytics LLC acquired a new position in CVR Partners in the fourth quarter worth approximately $41,000. NewEdge Advisors LLC grew its position in CVR Partners by 33.3% in the fourth quarter. NewEdge Advisors LLC now owns 557 shares of the basic materials company’s stock worth $57,000 after buying an additional 139 shares during the last quarter. BNP Paribas Financial Markets grew its position in CVR Partners by 1,888.6% in the second quarter. BNP Paribas Financial Markets now owns 875 shares of the basic materials company’s stock worth $78,000 after buying an additional 831 shares during the last quarter. Tucker Asset Management LLC acquired a new position in CVR Partners in the fourth quarter worth approximately $100,000. Finally, State of Tennessee Department of Treasury purchased a new position in CVR Partners during the 4th quarter worth approximately $165,000. Institutional investors and hedge funds own 43.83% of the company’s stock.

About CVR Partners

(Get Free Report)

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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