CVR Partners, LP (NYSE:UAN) shares hit a new 52-week low during trading on Thursday . The company traded as low as $3.11 and last traded at $3.11, with a volume of 153,354 shares trading hands. The stock had previously closed at $3.22.

A number of research analysts have commented on the stock. Zacks Investment Research cut shares of CVR Partners, from a “hold” rating to a “sell” rating in a research report on Tuesday, May 16th. Cowen and Company reiterated a “hold” rating and set a $5.00 price target on shares of CVR Partners, in a research report on Tuesday, July 11th. BidaskClub cut shares of CVR Partners, from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 1st. ValuEngine upgraded shares of CVR Partners, from a “strong sell” rating to a “sell” rating in a research report on Friday, June 2nd. Finally, TheStreet cut shares of CVR Partners, from a “c-” rating to a “d+” rating in a research report on Thursday, May 25th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $5.50.

The company’s 50-day moving average price is $3.61 and its 200 day moving average price is $4.60. The firm’s market cap is $354.65 million.

CVR Partners, (NYSE:UAN) last issued its quarterly earnings data on Thursday, July 27th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by $0.04. The firm had revenue of $97.90 million for the quarter, compared to analysts’ expectations of $117.15 million. CVR Partners, had a negative return on equity of 6.74% and a negative net margin of 12.03%. The firm’s revenue was down 18.3% on a year-over-year basis. During the same period last year, the company earned ($0.15) earnings per share. On average, equities analysts predict that CVR Partners, LP will post ($0.25) EPS for the current fiscal year.

Several hedge funds have recently modified their holdings of UAN. Raging Capital Management LLC increased its position in CVR Partners, by 1,000.8% in the first quarter. Raging Capital Management LLC now owns 8,466,876 shares of the basic materials company’s stock valued at $39,371,000 after buying an additional 7,697,736 shares in the last quarter. FMR LLC bought a new position in CVR Partners, during the first quarter valued at $4,921,000. Walthausen & Co. LLC increased its position in CVR Partners, by 330.9% in the first quarter. Walthausen & Co. LLC now owns 942,827 shares of the basic materials company’s stock valued at $4,384,000 after buying an additional 724,017 shares in the last quarter. VIEX Capital Advisors LLC bought a new position in CVR Partners, during the first quarter valued at $2,259,000. Finally, HITE Hedge Asset Management LLC bought a new position in CVR Partners, during the second quarter valued at $1,634,000. 22.35% of the stock is currently owned by institutional investors and hedge funds.

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About CVR Partners,

CVR Partners, LP is a limited partnership formed by CVR Energy, Inc (CVR Energy) to own, operate and grow its nitrogen fertilizer business. The Company produces and distributes nitrogen fertilizer products, which are used by farmers to manage the yield and quality of their crops. As of December 31, 2016, the Company produced its nitrogen fertilizer products at two manufacturing facilities, located in Coffeyville, Kansas and East Dubuque, Illinois.

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