CVR Partners (NYSE:UAN) Downgraded by StockNews.com to Hold

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

CVR Partners Trading Up 2.6 %

Shares of UAN opened at $69.61 on Wednesday. The stock has a market capitalization of $735.78 million, a PE ratio of 8.86 and a beta of 1.27. The company’s fifty day moving average is $73.03 and its 200 day moving average is $75.63. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.73 and a current ratio of 3.09. CVR Partners has a fifty-two week low of $60.50 and a fifty-two week high of $88.94.

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

Institutional Trading of CVR Partners

A number of institutional investors have recently bought and sold shares of the stock. Jump Financial LLC raised its position in CVR Partners by 76.4% in the 4th quarter. Jump Financial LLC now owns 8,210 shares of the basic materials company’s stock worth $538,000 after purchasing an additional 3,556 shares during the period. Aristides Capital LLC bought a new position in shares of CVR Partners during the fourth quarter valued at approximately $256,000. SG Americas Securities LLC purchased a new stake in shares of CVR Partners in the first quarter worth approximately $820,000. Virtu Financial LLC bought a new stake in shares of CVR Partners during the 1st quarter worth approximately $506,000. Finally, Oxbow Advisors LLC purchased a new position in CVR Partners during the 2nd quarter valued at $212,000. 43.83% of the stock is currently owned by institutional investors.

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.