CVR Partners (NYSE:UAN) Lowered to Hold at StockNews.com

CVR Partners (NYSE:UAN) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday.

CVR Partners Price Performance

UAN traded down $0.70 on Thursday, hitting $77.65. 16,971 shares of the company’s stock were exchanged, compared to its average volume of 36,520. The firm has a 50-day moving average price of $78.16 and a 200-day moving average price of $75.61. The stock has a market cap of $820.76 million, a price-to-earnings ratio of 9.88 and a beta of 1.30. The company has a current ratio of 2.29, a quick ratio of 1.38 and a debt-to-equity ratio of 1.84. CVR Partners has a fifty-two week low of $60.50 and a fifty-two week high of $91.82.

CVR Partners (NYSE:UAN) last released its earnings results on Monday, July 29th. The basic materials company reported $2.48 earnings per share for the quarter. The business had revenue of $132.90 million for the quarter. CVR Partners had a net margin of 9.29% and a return on equity of 16.32%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in UAN. Parkside Financial Bank & Trust acquired a new position in CVR Partners in the fourth quarter valued at about $458,000. Jump Financial LLC grew its stake in shares of CVR Partners by 76.4% in the fourth quarter. Jump Financial LLC now owns 8,210 shares of the basic materials company’s stock valued at $538,000 after buying an additional 3,556 shares in the last quarter. Independent Advisor Alliance grew its stake in shares of CVR Partners by 8.8% in the fourth quarter. Independent Advisor Alliance now owns 17,071 shares of the basic materials company’s stock valued at $1,118,000 after buying an additional 1,377 shares in the last quarter. Aristides Capital LLC purchased a new stake in shares of CVR Partners in the 4th quarter valued at $256,000. Finally, SG Americas Securities LLC acquired a new position in CVR Partners during the 1st quarter worth about $820,000. 43.83% of the stock is currently owned by institutional investors and hedge funds.

CVR Partners Company Profile

CVR Partners, LP, together with its subsidiaries, engages in the production and sale of nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers; and urea ammonium nitrate products to agricultural customers, as well as retailers and distributors.