Geode Capital Management LLC increased its position in shares of CVR Energy, Inc. (NYSE:CVI) by 1.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 118,803 shares of the oil and gas company’s stock after buying an additional 2,138 shares during the period. Geode Capital Management LLC owned approximately 0.14% of CVR Energy worth $2,385,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of CVR Energy by 4.1% in the first quarter. Vanguard Group Inc. now owns 1,528,815 shares of the oil and gas company’s stock worth $30,699,000 after buying an additional 59,839 shares during the period. Menta Capital LLC increased its stake in shares of CVR Energy by 126.5% in the first quarter. Menta Capital LLC now owns 131,807 shares of the oil and gas company’s stock worth $2,647,000 after buying an additional 73,626 shares during the period. Global X Management Co. LLC increased its stake in shares of CVR Energy by 18.5% in the first quarter. Global X Management Co. LLC now owns 366,571 shares of the oil and gas company’s stock worth $7,361,000 after buying an additional 57,102 shares during the period. Legal & General Group Plc increased its stake in shares of CVR Energy by 37.3% in the first quarter. Legal & General Group Plc now owns 17,789 shares of the oil and gas company’s stock worth $358,000 after buying an additional 4,831 shares during the period. Finally, California Public Employees Retirement System increased its stake in shares of CVR Energy by 10.4% in the first quarter. California Public Employees Retirement System now owns 206,300 shares of the oil and gas company’s stock worth $4,143,000 after buying an additional 19,400 shares during the period. Institutional investors and hedge funds own 98.54% of the company’s stock.

CVR Energy, Inc. (NYSE:CVI) traded up 5.83% on Friday, hitting $19.96. The stock had a trading volume of 922,615 shares. CVR Energy, Inc. has a 12 month low of $12.03 and a 12 month high of $25.91. The stock has a market cap of $1.73 billion, a PE ratio of 72.85 and a beta of 1.72. The firm’s 50 day moving average price is $19.92 and its 200-day moving average price is $20.60.

CVR Energy (NYSE:CVI) last posted its quarterly earnings results on Thursday, July 27th. The oil and gas company reported ($0.04) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.11) by $0.07. The company had revenue of $1.43 billion for the quarter. CVR Energy had a negative net margin of 1.35% and a negative return on equity of 5.20%. On average, analysts forecast that CVR Energy, Inc. will post $0.32 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, August 14th. Shareholders of record on Monday, August 7th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 10.02%. The ex-dividend date of this dividend was Thursday, August 3rd. CVR Energy’s dividend payout ratio is currently 714.31%.

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A number of brokerages have issued reports on CVI. BidaskClub upgraded CVR Energy from a “strong sell” rating to a “sell” rating in a research report on Saturday. ValuEngine upgraded CVR Energy from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $14.50.

CVR Energy Company Profile

CVR Energy, Inc (CVR Energy) is a holding company. The Company is engaged in the petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP (CVR Refining or the Refining Partnership) and CVR Partners LP (CVR Partners or the Nitrogen Fertilizer Partnership). It operates under two business segments: petroleum (the petroleum and related businesses operated by the Refining Partnership) and nitrogen fertilizer (the nitrogen fertilizer business operated by the Nitrogen Fertilizer Partnership).

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

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