Massachusetts Financial Services Co. MA Sells 2,533 Shares of CVR Energy, Inc. (NYSE:CVI)

Massachusetts Financial Services Co. MA decreased its holdings in CVR Energy, Inc. (NYSE:CVIFree Report) by 3.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 66,049 shares of the oil and gas company’s stock after selling 2,533 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 0.07% of CVR Energy worth $2,248,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. HighTower Advisors LLC acquired a new stake in CVR Energy during the 1st quarter valued at approximately $255,000. Mitsubishi UFJ Trust & Banking Corp bought a new position in CVR Energy during the first quarter worth $79,000. MetLife Investment Management LLC lifted its holdings in CVR Energy by 16.0% in the first quarter. MetLife Investment Management LLC now owns 15,688 shares of the oil and gas company’s stock valued at $401,000 after buying an additional 2,162 shares during the period. Rhumbline Advisers boosted its position in CVR Energy by 6.9% during the first quarter. Rhumbline Advisers now owns 45,196 shares of the oil and gas company’s stock valued at $1,154,000 after acquiring an additional 2,915 shares during the last quarter. Finally, BlackRock Inc. grew its holdings in CVR Energy by 0.7% during the 1st quarter. BlackRock Inc. now owns 2,522,277 shares of the oil and gas company’s stock worth $64,420,000 after acquiring an additional 17,656 shares during the period. 98.88% of the stock is currently owned by institutional investors and hedge funds.

CVR Energy Stock Up 0.6 %

CVR Energy stock opened at $35.47 on Tuesday. The company has a quick ratio of 0.97, a current ratio of 1.44 and a debt-to-equity ratio of 1.37. The company has a market capitalization of $3.57 billion, a PE ratio of 4.52 and a beta of 1.59. The firm’s fifty day moving average is $31.57 and its 200 day moving average is $32.76. CVR Energy, Inc. has a 12-month low of $22.60 and a 12-month high of $39.36.

Wall Street Analyst Weigh In

Separately, Scotiabank lowered CVR Energy from a “sector perform” rating to a “sector underperform” rating and cut their target price for the company from $28.00 to $25.00 in a research report on Tuesday, January 16th.

Get Our Latest Stock Report on CVI

CVR Energy Company Profile

(Free Report)

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

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Institutional Ownership by Quarter for CVR Energy (NYSE:CVI)

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