Strs Ohio Has $750,000 Stock Holdings in CVR Energy, Inc. (NYSE:CVI)

Strs Ohio lifted its holdings in shares of CVR Energy, Inc. (NYSE:CVIGet Rating) by 16.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,900 shares of the oil and gas company’s stock after buying an additional 3,700 shares during the period. Strs Ohio’s holdings in CVR Energy were worth $750,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of CVI. Victory Capital Management Inc. boosted its stake in shares of CVR Energy by 2,200.2% during the 2nd quarter. Victory Capital Management Inc. now owns 945,411 shares of the oil and gas company’s stock worth $31,671,000 after buying an additional 904,309 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of CVR Energy by 479.4% in the 2nd quarter. Assenagon Asset Management S.A. now owns 973,857 shares of the oil and gas company’s stock valued at $32,624,000 after purchasing an additional 805,791 shares during the period. Millennium Management LLC raised its holdings in shares of CVR Energy by 898.3% in the 2nd quarter. Millennium Management LLC now owns 543,041 shares of the oil and gas company’s stock valued at $18,192,000 after purchasing an additional 488,647 shares during the period. Renaissance Technologies LLC raised its holdings in shares of CVR Energy by 52.2% in the 1st quarter. Renaissance Technologies LLC now owns 935,984 shares of the oil and gas company’s stock valued at $23,905,000 after purchasing an additional 321,100 shares during the period. Finally, Intrinsic Edge Capital Management LLC raised its holdings in shares of CVR Energy by 87.5% in the 2nd quarter. Intrinsic Edge Capital Management LLC now owns 450,000 shares of the oil and gas company’s stock valued at $15,075,000 after purchasing an additional 210,000 shares during the period. 95.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of CVR Energy in a report on Wednesday, October 12th. They issued a “buy” rating on the stock.

CVR Energy Stock Up 1.0 %

CVR Energy stock opened at $31.92 on Tuesday. The stock has a market cap of $3.21 billion, a P/E ratio of 9.53 and a beta of 1.50. The company has a quick ratio of 0.67, a current ratio of 1.08 and a debt-to-equity ratio of 2.06. CVR Energy, Inc. has a twelve month low of $16.83 and a twelve month high of $43.61. The company’s 50-day moving average price is $33.96 and its two-hundred day moving average price is $33.35.

CVR Energy (NYSE:CVIGet Rating) last announced its earnings results on Monday, October 31st. The oil and gas company reported $1.90 EPS for the quarter, topping the consensus estimate of $1.78 by $0.12. CVR Energy had a net margin of 3.27% and a return on equity of 48.37%. The company had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.25 billion. As a group, analysts expect that CVR Energy, Inc. will post 5.76 EPS for the current year.

CVR Energy Announces Dividend

The firm also recently announced a None dividend, which was paid on Monday, November 21st. Stockholders of record on Monday, November 14th were issued a dividend of $1.40 per share. The ex-dividend date of this dividend was Friday, November 11th. This represents a dividend yield of 4.3%. CVR Energy’s dividend payout ratio is presently 47.76%.

CVR Energy Company Profile

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CVR Energy, Inc, together with its subsidiaries, engages in the petroleum refining and nitrogen fertilizer manufacturing activities in the United States. It operates in two segments, Petroleum and Nitrogen Fertilizer. The Petroleum segment refines and markets gasoline, diesel fuel, and other refined products.

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Institutional Ownership by Quarter for CVR Energy (NYSE:CVI)

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