Quantbot Technologies LP Acquires Shares of 4,317 CVR Energy Inc. (CVI)

Quantbot Technologies LP acquired a new position in shares of CVR Energy Inc. (NYSE:CVI) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,317 shares of the oil and gas company’s stock, valued at approximately $111,000.

Other large investors have also recently made changes to their positions in the company. Public Employees Retirement System of Ohio lifted its position in shares of CVR Energy by 3.9% during the 2nd 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. Zweig DiMenna Associates LLC lifted its position in shares of CVR Energy by 6.4% during the 2nd 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. lifted its position in shares of CVR Energy by 27.6% during the 2nd 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. Creative Planning lifted its position in shares of CVR Energy by 39.4% during the 2nd 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. Finally, US Bancorp DE lifted its position in shares of CVR Energy by 18.0% during the 2nd quarter. US Bancorp DE now owns 13,054 shares of the oil and gas company’s stock worth $284,000 after buying an additional 1,989 shares during the period.

CVR Energy Inc. (NYSE CVI) opened at $32.37 on Monday. 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 52-week low of $16.74 and a 52-week high of $33.14. The stock has a market capitalization of $2,810.72, a price-to-earnings ratio of 49.80 and a beta of 1.80.

CVR Energy (NYSE:CVI) last issued its quarterly earnings data on Wednesday, November 1st. The oil and gas company reported $0.37 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.08. CVR Energy had a return on equity of 3.37% and a net margin of 0.71%. The firm had revenue of $1.45 billion during the quarter.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 17th. Shareholders of record on Friday, November 10th were given a $0.50 dividend. The ex-dividend date was Thursday, November 9th. This represents a $2.00 annualized dividend and a yield of 6.18%. CVR Energy’s payout ratio is 416.68%.

Several equities analysts recently commented 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.

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CVR Energy Company 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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