361 Capital LLC acquired a new position in shares of CVR Energy Inc. (NYSE:CVI) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 94,454 shares of the oil and gas company’s stock, valued at approximately $2,446,000. 361 Capital LLC owned 0.11% of CVR Energy at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Public Employees Retirement System of Ohio boosted its position in shares of CVR Energy by 3.9% during the second quarter. Public Employees Retirement System of Ohio now owns 9,651 shares of the oil and gas company’s stock worth $210,000 after buying an additional 358 shares during the period. American International Group Inc. boosted its position in shares of 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 buying an additional 628 shares during the period. Zweig DiMenna Associates LLC boosted its position in shares of 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 buying an additional 800 shares during the period. Advisor Group Inc. boosted its position in shares of CVR Energy by 27.6% during the second quarter. Advisor Group Inc. now owns 4,685 shares of the oil and gas company’s stock worth $102,000 after buying an additional 1,013 shares during the period. Finally, Creative Planning boosted its position in shares of 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 buying an additional 1,850 shares during the period. Institutional investors and hedge funds own 99.45% of the company’s stock.

Several equities analysts have recently issued reports on CVI shares. BidaskClub upgraded CVR Energy from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. ValuEngine downgraded CVR Energy from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 5th.

CVR Energy Inc. (NYSE CVI) traded up $1.15 on Friday, reaching $31.26. The company’s stock had a trading volume of 406,000 shares, compared to its average volume of 651,191. The firm has a market capitalization of $2,710.00, a P/E ratio of 46.32 and a beta of 1.73. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.24 and a quick ratio of 1.69. CVR Energy Inc. has a 12-month low of $16.04 and a 12-month high of $32.42.

CVR Energy (NYSE:CVI) last released its earnings results on Wednesday, November 1st. The oil and gas company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.08. The firm had revenue of $1.45 billion during the quarter. CVR Energy had a return on equity of 3.37% and a net margin of 0.71%.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Shareholders of record on Friday, November 10th will be given a $0.50 dividend. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $2.00 dividend on an annualized basis and a yield of 6.40%. CVR Energy’s dividend payout ratio (DPR) is 425.53%.

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About CVR Energy

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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