12,178 Shares in CVR Energy, Inc. (NYSE:CVI) Bought by Numerai GP LLC

Numerai GP LLC acquired a new position in CVR Energy, Inc. (NYSE:CVI - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 12,178 shares of the oil and gas company's stock, valued at approximately $228,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in CVI. Barclays PLC lifted 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 purchasing an additional 53,203 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of CVR Energy by 22.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 783,079 shares of the oil and gas company's stock worth $14,675,000 after purchasing an additional 143,941 shares during the period. D.A. Davidson & CO. bought a new stake in shares of CVR Energy in the fourth quarter worth about $736,000. Vanguard Group Inc. increased its holdings in CVR Energy by 3.9% during the 4th quarter. Vanguard Group Inc. now owns 4,135,315 shares of the oil and gas company's stock valued at $77,496,000 after purchasing an additional 154,125 shares during the period. Finally, Groesbeck Investment Management Corp NJ purchased a new stake in CVR Energy in the 4th quarter worth approximately $637,000. Hedge funds and other institutional investors own 98.88% of the company's stock.

CVR Energy Stock Down 3.2%

NYSE:CVI traded down $0.76 during trading hours on Tuesday, reaching $23.22. 527,381 shares of the company traded hands, compared to its average volume of 1,235,606. The business's 50-day moving average price is $19.57 and its two-hundred day moving average price is $19.16. The stock has a market capitalization of $2.33 billion, a P/E ratio of 387.06 and a beta of 1.02. CVR Energy, Inc. has a 1 year low of $15.10 and a 1 year high of $30.44. The company has a current ratio of 1.66, a quick ratio of 0.86 and a debt-to-equity ratio of 2.15.

CVR Energy (NYSE:CVI - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The oil and gas company reported ($0.58) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.90) by $0.32. The business had revenue of $1.65 billion during the quarter, compared to analysts' expectations of $1.61 billion. CVR Energy had a negative return on equity of 5.12% and a net margin of 0.09%. The firm's quarterly revenue was down 11.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.04 earnings per share. Analysts predict that CVR Energy, Inc. will post -0.12 earnings per share for the current year.

Insiders Place Their Bets

In other CVR Energy news, major shareholder Carl C. Icahn bought 7,907 shares of CVR Energy stock in a transaction on Tuesday, April 29th. The stock was acquired at an average price of $18.21 per share, with a total value of $143,986.47. Following the acquisition, the insider now owns 70,418,471 shares in the company, valued at approximately $1,282,320,356.91. This trade represents a 0.01% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last quarter, insiders acquired 1,641,760 shares of company stock valued at $28,641,557. Corporate insiders own 0.01% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Scotiabank reiterated an "underperform" rating on shares of CVR Energy in a report on Monday, May 5th. StockNews.com cut CVR Energy from a "hold" rating to a "sell" rating in a report on Wednesday, April 30th. The Goldman Sachs Group dropped their price objective on CVR Energy from $19.00 to $16.00 and set a "sell" rating for the company in a report on Thursday, March 27th. Finally, Mizuho raised their target price on CVR Energy from $21.00 to $25.00 and gave the company a "neutral" rating in a research note on Tuesday, May 13th. Six analysts have rated the stock with a sell rating and two have given a hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Reduce" and an average target price of $23.00.

CVR Energy Company Profile

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.