Barclays PLC Has $1.80 Million Position in CVR Energy, Inc. (NYSE:CVI)

Barclays PLC lifted its holdings in CVR Energy, Inc. (NYSE:CVI - Free Report) by 214.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,030 shares of the oil and gas company's stock after acquiring an additional 53,203 shares during the quarter. Barclays PLC owned approximately 0.08% of CVR Energy worth $1,797,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of CVI. SIR Capital Management L.P. bought a new position in CVR Energy in the 2nd quarter valued at $17,907,000. State Street Corp increased its position in CVR Energy by 18.1% in the third quarter. State Street Corp now owns 2,075,058 shares of the oil and gas company's stock worth $47,789,000 after purchasing an additional 317,475 shares during the period. Hotchkis & Wiley Capital Management LLC bought a new stake in CVR Energy during the 3rd quarter worth about $5,335,000. American Century Companies Inc. raised its holdings in CVR Energy by 60.3% during the 2nd quarter. American Century Companies Inc. now owns 407,819 shares of the oil and gas company's stock worth $10,917,000 after purchasing an additional 153,396 shares during the last quarter. Finally, Denali Advisors LLC lifted its position in CVR Energy by 323.6% during the 2nd quarter. Denali Advisors LLC now owns 159,162 shares of the oil and gas company's stock valued at $4,261,000 after purchasing an additional 121,590 shares during the period. 98.88% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Tudor, Pickering, Holt & Co. downgraded shares of CVR Energy from a "hold" rating to a "sell" rating in a research note on Monday, September 9th. Mizuho increased their price target on CVR Energy from $18.00 to $20.00 and gave the company a "neutral" rating in a research note on Monday, December 16th. Tudor Pickering raised CVR Energy to a "strong sell" rating in a research note on Monday, September 9th. The Goldman Sachs Group cut their target price on CVR Energy from $24.00 to $21.00 and set a "sell" rating on the stock in a research note on Friday, December 6th. Finally, StockNews.com lowered CVR Energy from a "hold" rating to a "sell" rating in a research report on Saturday, December 14th. Six research analysts have rated the stock with a sell rating and two have issued a hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and a consensus price target of $23.00.

CVR Energy Stock Up 1.0 %

Shares of NYSE:CVI traded up $0.18 during trading on Friday, hitting $18.47. 1,167,753 shares of the company's stock traded hands, compared to its average volume of 1,194,008. The company has a 50-day moving average price of $19.07 and a 200-day moving average price of $22.92. CVR Energy, Inc. has a 52 week low of $15.60 and a 52 week high of $38.07. The company has a current ratio of 1.33, a quick ratio of 0.86 and a debt-to-equity ratio of 1.84. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 26.77 and a beta of 1.57.

CVR Energy (NYSE:CVI - Get Free Report) last released its quarterly earnings results on Monday, October 28th. The oil and gas company reported ($0.50) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.41). The company had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.91 billion. CVR Energy had a net margin of 0.89% and a return on equity of 2.88%. The firm's quarterly revenue was down 27.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.89 EPS. As a group, research analysts forecast that CVR Energy, Inc. will post -0.12 EPS for the current fiscal year.

CVR Energy Profile

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