CVR Energy, Inc. (NYSE:CVI) Holdings Raised by Guggenheim Capital LLC

Guggenheim Capital LLC increased its stake in shares of CVR Energy, Inc. (NYSE:CVI - Free Report) by 67.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,629 shares of the oil and gas company's stock after purchasing an additional 19,186 shares during the quarter. Guggenheim Capital LLC's holdings in CVR Energy were worth $893,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of CVR Energy by 3.9% during the 4th quarter. Vanguard Group Inc. now owns 4,135,315 shares of the oil and gas company's stock valued at $77,496,000 after acquiring an additional 154,125 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of CVR Energy by 22.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 783,079 shares of the oil and gas company's stock valued at $14,675,000 after purchasing an additional 143,941 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of CVR Energy by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 774,247 shares of the oil and gas company's stock valued at $14,513,000 after buying an additional 3,261 shares during the period. American Century Companies Inc. increased its holdings in shares of CVR Energy by 13.4% during the 4th quarter. American Century Companies Inc. now owns 693,234 shares of the oil and gas company's stock worth $12,991,000 after buying an additional 81,647 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of CVR Energy by 25.4% in the 4th quarter. Renaissance Technologies LLC now owns 544,693 shares of the oil and gas company's stock worth $10,208,000 after buying an additional 110,460 shares during the period. 98.88% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have commented on CVI. StockNews.com upgraded CVR Energy from a "sell" rating to a "hold" rating in a research note on Wednesday, February 19th. Scotiabank reduced their price target on shares of CVR Energy from $22.00 to $16.00 and set a "sector underperform" rating on the stock in a research report on Friday, April 11th. The Goldman Sachs Group dropped their price objective on shares of CVR Energy from $19.00 to $16.00 and set a "sell" rating for the company in a research report on Thursday, March 27th. Finally, Mizuho lifted their target price on shares of CVR Energy from $20.00 to $21.00 and gave the company a "neutral" rating in a report on Tuesday, April 1st. Five equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Reduce" and a consensus target price of $21.20.

Insider Buying and Selling at CVR Energy

In related news, major shareholder Carl C. Icahn acquired 3,610 shares of the firm's stock in a transaction on Friday, February 28th. The stock was bought at an average cost of $18.24 per share, with a total value of $65,846.40. Following the acquisition, the insider now directly owns 67,574,203 shares in the company, valued at approximately $1,232,553,462.72. The trade was a 0.01 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders acquired a total of 1,592,723 shares of company stock worth $27,750,649 in the last 90 days. 0.01% of the stock is owned by corporate insiders.

CVR Energy Stock Up 1.0 %

Shares of CVI stock traded up $0.18 on Monday, hitting $18.59. The stock had a trading volume of 387,026 shares, compared to its average volume of 1,025,953. CVR Energy, Inc. has a 52-week low of $15.10 and a 52-week high of $33.51. The firm has a market capitalization of $1.87 billion, a price-to-earnings ratio of 309.93 and a beta of 1.26. The company has a debt-to-equity ratio of 2.15, a quick ratio of 0.86 and a current ratio of 1.66. The stock's 50 day moving average is $18.82 and its 200-day moving average is $19.33.

CVR Energy (NYSE:CVI - Get Free Report) last announced its earnings results on Tuesday, February 18th. The oil and gas company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.12). CVR Energy had a net margin of 0.09% and a negative return on equity of 5.12%. The business had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.85 billion. As a group, research analysts expect that CVR Energy, Inc. will post -0.12 earnings per share for the current year.

CVR Energy Company 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.