WBI Investments Inc. bought a new position in shares of CVR Energy Inc. (NYSE:CVI) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,280 shares of the oil and gas company’s stock, valued at approximately $224,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CVI. Creative Planning boosted its position in CVR Energy by 39.4% during the second quarter. Creative Planning now owns 6,550 shares of the oil and gas company’s stock worth $143,000 after acquiring an additional 1,850 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in CVR Energy by 6.0% during the first quarter. Public Employees Retirement System of Ohio now owns 9,293 shares of the oil and gas company’s stock worth $187,000 after acquiring an additional 530 shares during the last quarter. US Bancorp DE boosted its position in CVR Energy by 23.2% during the first quarter. US Bancorp DE now owns 11,065 shares of the oil and gas company’s stock worth $222,000 after acquiring an additional 2,085 shares during the last quarter. American International Group Inc. boosted its position in CVR Energy by 5.9% during the first quarter. American International Group Inc. now owns 11,285 shares of the oil and gas company’s stock worth $227,000 after acquiring an additional 628 shares during the last quarter. Finally, Zweig DiMenna Associates LLC boosted its position in CVR Energy by 6.4% during the second quarter. Zweig DiMenna Associates LLC now owns 13,300 shares of the oil and gas company’s stock worth $289,000 after acquiring an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 99.53% of the company’s stock.

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CVR Energy Inc. (NYSE:CVI) opened at 23.06 on Friday. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of 84.16 and a beta of 1.69. CVR Energy Inc. has a one year low of $12.03 and a one year high of $25.91. The firm has a 50 day moving average of $19.88 and a 200-day moving average of $20.59.

CVR Energy (NYSE:CVI) last released its quarterly earnings results on Thursday, July 27th. The oil and gas company reported ($0.04) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.11) by $0.07. CVR Energy had a net margin of 0.44% and a return on equity of 2.10%. The business had revenue of $1.43 billion for the quarter. Equities research analysts forecast that CVR Energy Inc. will post $0.37 EPS for the current fiscal year.

A number of equities analysts have weighed in on CVI shares. BidaskClub upgraded shares of CVR Energy from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. ValuEngine upgraded shares of CVR Energy from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 11th.

CVR Energy 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).

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

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