Shares of CVR Energy Inc. (NYSE:CVI) fell 3.4% during trading on Thursday . The stock traded as low as $14.76 and last traded at $14.79, with a volume of 421,781 shares. The stock had previously closed at $15.31.

Several research firms recently commented on CVI. Goldman Sachs Group Inc. reaffirmed a “sell” rating on shares of CVR Energy in a report on Wednesday, June 29th. Simmons dropped their target price on CVR Energy from $20.00 to $17.00 in a report on Tuesday, April 12th.

The stock has a 50-day moving average price of $18.09 and a 200 day moving average price of $25.47. The firm has a market cap of $1.26 billion and a P/E ratio of 12.82.

CVR Energy (NYSE:CVI) last announced its quarterly earnings results on Thursday, April 28th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.30) by $0.11. The business had revenue of $905.50 million for the quarter, compared to analysts’ expectations of $806.09 million. The firm’s quarterly revenue was down 34.8% on a year-over-year basis. During the same period last year, the firm earned $0.63 earnings per share. Analysts forecast that CVR Energy Inc. will post $0.14 EPS for the current fiscal year.

Other hedge funds have made changes to their positions in the company. Herndon Capital Management LLC increased its stake in shares of CVR Energy by 13.5% in the fourth quarter. Herndon Capital Management LLC now owns 27,828 shares of the company’s stock worth $1,095,000 after buying an additional 3,308 shares during the period. California State Teachers Retirement System increased its stake in CVR Energy by 1.4% in the fourth quarter. California State Teachers Retirement System now owns 29,554 shares of the company’s stock valued at $1,163,000 after buying an additional 407 shares during the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp increased its stake in CVR Energy by 74.9% in the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 34,100 shares of the company’s stock valued at $1,342,000 after buying an additional 14,600 shares during the last quarter. First Trust Advisors LP purchased a new stake in CVR Energy during the fourth quarter valued at $2,224,000. Finally, California Public Employees Retirement System increased its stake in CVR Energy by 9.3% in the fourth quarter. California Public Employees Retirement System now owns 120,500 shares of the company’s stock valued at $4,742,000 after buying an additional 10,300 shares during the last quarter.

CVR Energy, Inc (CVR Energy) is a holding company. The Company engages 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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