American Century Companies Inc. Purchases 81,647 Shares of CVR Energy, Inc. (NYSE:CVI)

American Century Companies Inc. boosted its holdings in shares of CVR Energy, Inc. (NYSE:CVI – Free Report) by 13.

4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 693,234 shares of the oil and gas company’s stock after acquiring an additional 81,647 shares during the period. American Century Companies Inc.



owned approximately 0.69% of CVR Energy worth $12,991,000 as of its most recent filing with the Securities and Exchange Commission. A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CVI.

Charles Schwab Investment Management Inc. raised its position in shares of CVR Energy by 14.6% during the third quarter.

Charles Schwab Investment Management Inc. now owns 639,138 shares of the oil and gas company’s stock worth $14,719,000 after purchasing an additional 81,590 shares during the period. Barclays PLC raised its holdings in CVR Energy by 214.

3% during the 3rd quarter. Barclays PLC now owns 78,030 shares of the oil and gas company’s stock worth $1,797,000 after buying an additional 53,203 shares during the period. State Street Corp raised its holdings in CVR Energy by 18.

1% during the 3rd quarter. State Street Corp now owns 2,075,058 shares of the oil and gas company’s stock worth $47,789,000 after buying an additional 317,475 shares during the period. Hotchkis & Wiley Capital Management LLC acquired a new position in shares of CVR Energy in the third quarter valued at approximately $5,335,000.

Finally, D.A. Davidson & CO.

acquired a new position in shares of CVR Energy in the fourth quarter valued at approximately $736,000. 98.88% of the stock is owned by institutional investors and hedge funds.

CVR Energy Stock PerformanceCVI opened at $19.23 on Wednesday. The business’s 50-day simple moving average is $19.

45 and its 200 day simple moving average is $20.13. CVR Energy, Inc.

has a 52-week low of $15.60 and a 52-week high of $38.07.

The company has a debt-to-equity ratio of 2.15, a quick ratio of 0.86 and a current ratio of 1.

66. The firm has a market capitalization of $1.93 billion, a PE ratio of 320.

52 and a beta of 1.55. CVR Energy (NYSE:CVI – Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th.

The oil and gas company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.

12). The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.

85 billion. CVR Energy had a negative return on equity of 5.12% and a net margin of 0.

09%. As a group, sell-side analysts expect that CVR Energy, Inc. will post -0.

12 earnings per share for the current fiscal year. Wall Street Analysts Forecast GrowthCVI has been the topic of several research reports. StockNews.

com raised shares of CVR Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, February 19th. Mizuho upped their price objective on CVR Energy from $20.00 to $21.

00 and gave the stock a “neutral” rating in a research report on Tuesday. Finally, The Goldman Sachs Group dropped their target price on CVR Energy from $19.00 to $16.

00 and set a “sell” rating on the stock in a research report on Thursday, March 27th. Five investment analysts have rated the stock with a sell rating and three have given a hold rating to the company. According to data from MarketBeat.

com, CVR Energy has a consensus rating of “Reduce” and an average target price of $22.20.Read Our Latest Report on CVR EnergyInsiders Place Their BetsIn other CVR Energy news, major shareholder Carl C.

Icahn purchased 3,610 shares of the stock in a transaction on Friday, February 28th. The shares were purchased at an average price of $18.24 per share, with a total value of $65,846.

40. Following the completion of the transaction, the insider now directly owns 67,574,203 shares in the company, valued at $1,232,553,462.72.

This represents a 0.01 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Over the last three months, insiders have bought 1,492,540 shares of company stock valued at $27,049,928. 0.01% of the stock is currently owned by corporate insiders.

CVR Energy Company Profile (Free Report)CVR Energy, Inc, together with its subsidiaries, engages in the petroleum refining and marketing, and nitrogen fertilizer manufacturing activities in the United States. It operates in two segments, Petroleum and Nitrogen Fertilizer. The Petroleum segment refines and supplies gasoline, crude oil, distillate, diesel fuel, and other refined products.

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(NYSE:CVI – Free Report)..