6 days Ago By ABMN Staff
Norges Bank purchased a new stake in shares of CVR Energy, Inc. ( NYSE:CVI – Free Report ) during the 4th quarter, HoldingsChannel.com reports.
The fund purchased 123,294 shares of the oil and gas company’s stock, valued at approximately $2,311,000. Several other institutional investors and hedge funds have also recently made changes to their positions in CVI. FMR LLC increased its position in CVR Energy by 103.
4% during the 3rd quarter. FMR LLC now owns 4,031 shares of the oil and gas company’s stock valued at $93,000 after purchasing an additional 2,049 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of CVR Energy by 18.
5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 59,247 shares of the oil and gas company’s stock valued at $1,364,000 after purchasing an additional 9,247 shares in the last quarter. State Street Corp increased its holdings in CVR Energy by 18.
1% during the third quarter. State Street Corp now owns 2,075,058 shares of the oil and gas company’s stock valued at $47,789,000 after buying an additional 317,475 shares during the period. Barclays PLC raised its stake in CVR Energy by 214.
3% in the third 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 in the last quarter. Finally, Vestcor Inc lifted its holdings in CVR Energy by 401.
4% during the third quarter. Vestcor Inc now owns 24,233 shares of the oil and gas company’s stock worth $558,000 after buying an additional 19,400 shares during the period. 98.
88% of the stock is currently owned by institutional investors. CVR Energy Price Performance Shares of CVI stock opened at $17.72 on Friday.
CVR Energy, Inc. has a fifty-two week low of $15.10 and a fifty-two week high of $36.
06. 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.
78 billion, a price-to-earnings ratio of 295.40 and a beta of 1.26.
The stock’s 50-day simple moving average is $18.92 and its 200-day simple moving average is $19.75.
Insider Activity at CVR Energy In other news, major shareholder Carl C. Icahn bought 3,610 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The shares were purchased at an average price of $18.
24 per share, for a total transaction of $65,846.40. Following the completion of the transaction, the insider now directly owns 67,574,203 shares in the company, valued at approximately $1,232,553,462.
72. This represents a 0.01 % increase in their ownership of the stock.
The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website . Insiders have bought a total of 1,123,018 shares of company stock valued at $19,444,107 in the last ninety days. Company insiders own 0.
01% of the company’s stock. Analyst Ratings Changes CVI has been the topic of a number of analyst reports. StockNews.
com upgraded CVR Energy from a “sell” rating to a “hold” rating in a report on Wednesday, February 19th. Scotiabank cut their target price on CVR Energy from $22.00 to $16.
00 and set a “sector underperform” rating on the stock in a research note on Friday. The Goldman Sachs Group decreased their price target on shares of CVR Energy from $19.00 to $16.
00 and set a “sell” rating for the company in a research report on Thursday, March 27th. Finally, Mizuho lifted their price objective on shares of CVR Energy from $20.00 to $21.
00 and gave the stock a “neutral” rating in a research report on Tuesday, April 1st. Five analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $21.
20. View Our Latest Analysis on CVI 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. Further Reading Want to see what other hedge funds are holding CVI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CVR Energy, Inc.
( NYSE:CVI – Free Report ). Receive News & Ratings for CVR Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CVR Energy and related companies with MarketBeat.com's FREE daily email newsletter .
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