XTX Topco Ltd Buys New Stake in CVR Energy, Inc. (NYSE:CVI)

XTX Topco Ltd acquired a new stake in CVR Energy, Inc. (NYSE:CVI - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 56,537 shares of the oil and gas company's stock, valued at approximately $1,302,000. XTX Topco Ltd owned about 0.06% of CVR Energy at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of CVI. Headlands Technologies LLC grew its stake in shares of CVR Energy by 820.5% during the second quarter. Headlands Technologies LLC now owns 1,482 shares of the oil and gas company's stock valued at $40,000 after buying an additional 1,321 shares during the last quarter. Future Financial Wealth Managment LLC bought a new stake in shares of CVR Energy during the third quarter worth $46,000. Larson Financial Group LLC boosted its stake in shares of CVR Energy by 640.9% during the third quarter. Larson Financial Group LLC now owns 3,119 shares of the oil and gas company's stock valued at $72,000 after purchasing an additional 2,698 shares during the period. Quest Partners LLC grew its holdings in shares of CVR Energy by 47.3% in the second quarter. Quest Partners LLC now owns 3,485 shares of the oil and gas company's stock worth $93,000 after purchasing an additional 1,119 shares during the last quarter. Finally, FMR LLC grew its holdings in shares of CVR Energy by 103.4% in the third quarter. FMR LLC now owns 4,031 shares of the oil and gas company's stock worth $93,000 after purchasing an additional 2,049 shares during the last quarter. 98.88% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. UBS Group reduced their price target on CVR Energy from $33.75 to $30.00 and set a "neutral" rating for the company in a research report on Tuesday, August 13th. The Goldman Sachs Group cut their price target on shares of CVR Energy from $24.00 to $21.00 and set a "sell" rating on the stock in a report on Friday. JPMorgan Chase & Co. decreased their price objective on CVR Energy from $26.00 to $23.00 and set an "underweight" rating for the company in a report on Wednesday, October 2nd. Tudor, Pickering, Holt & Co. cut shares of CVR Energy from a "hold" rating to a "sell" rating in a report on Monday, September 9th. Finally, Mizuho dropped their price target on shares of CVR Energy from $27.00 to $25.00 and set a "neutral" rating on the stock in a research note on Monday, September 16th. Five analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Reduce" and an average target price of $24.00.

CVR Energy Stock Up 3.6 %

Shares of NYSE CVI traded up $0.68 on Monday, hitting $19.46. The company had a trading volume of 1,695,895 shares, compared to its average volume of 1,139,938. The firm has a market capitalization of $1.96 billion, a P/E ratio of 27.22 and a beta of 1.57. The business has a 50 day moving average of $20.76 and a two-hundred day moving average of $23.88. CVR Energy, Inc. has a 12-month low of $15.60 and a 12-month high of $38.07. The company has a quick ratio of 0.86, a current ratio of 1.33 and a debt-to-equity ratio of 1.84.

CVR Energy (NYSE:CVI - Get Free Report) last announced its quarterly earnings data 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). CVR Energy had a net margin of 0.89% and a return on equity of 2.88%. The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the prior year, the firm earned $1.89 earnings per share. The firm's quarterly revenue was down 27.3% compared to the same quarter last year. As a group, equities research analysts forecast that CVR Energy, Inc. will post -0.12 earnings per share for the current fiscal 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.