7,751 Shares in CVR Energy, Inc. (NYSE:CVI) Purchased by Semanteon Capital Management LP

Semanteon Capital Management LP bought a new position in shares of CVR Energy, Inc. (NYSE:CVI) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 7,751 shares of the oil and gas company’s stock, valued at approximately $235,000.

Several other hedge funds and other institutional investors have also modified their holdings of CVI. IFP Advisors Inc bought a new stake in shares of CVR Energy during the 3rd quarter worth about $91,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in CVR Energy by 54.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,704 shares of the oil and gas company’s stock valued at $194,000 after purchasing an additional 2,008 shares during the period. Sigma Planning Corp bought a new stake in CVR Energy in the 3rd quarter valued at about $201,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in CVR Energy by 19.4% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,810 shares of the oil and gas company’s stock valued at $206,000 after acquiring an additional 1,106 shares during the period. Finally, Vanguard Personalized Indexing Management LLC acquired a new position in CVR Energy in the 3rd quarter valued at approximately $209,000. Institutional investors own 98.88% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on CVI. StockNews.com cut shares of CVR Energy from a “buy” rating to a “hold” rating in a research report on Friday, February 23rd. Scotiabank upped their price target on shares of CVR Energy from $25.00 to $29.00 and gave the company a “sector underperform” rating in a research report on Thursday, April 11th.

CVR Energy Trading Down 0.5 %

CVI opened at $33.21 on Friday. CVR Energy, Inc. has a twelve month low of $22.60 and a twelve month high of $39.36. The company has a quick ratio of 0.94, a current ratio of 1.30 and a debt-to-equity ratio of 1.52. The company has a fifty day moving average of $34.47 and a 200-day moving average of $32.78. The stock has a market cap of $3.34 billion, a PE ratio of 4.34 and a beta of 1.57.

CVR Energy (NYSE:CVI) last posted its quarterly earnings data on Tuesday, February 20th. The oil and gas company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.40. CVR Energy had a net margin of 8.32% and a return on equity of 55.17%. The company had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.26 billion. On average, sell-side analysts predict that CVR Energy, Inc. will post 2.73 EPS for the current year.

CVR Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Monday, March 4th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 6.02%. The ex-dividend date was Friday, March 1st. CVR Energy’s dividend payout ratio (DPR) is presently 26.14%.

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.