Viking Fund Management LLC bought a new stake in shares of CVR Energy, Inc. (NYSE:CVI) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,000 shares of the oil and gas company’s stock, valued at approximately $121,000.

A number of other large investors have also made changes to their positions in the stock. Nuveen Asset Management LLC acquired a new position in shares of CVR Energy during the second quarter worth approximately $25,587,000. BlackRock Inc. raised its stake in CVR Energy by 29.9% during the 2nd quarter. BlackRock Inc. now owns 2,116,067 shares of the oil and gas company’s stock valued at $105,782,000 after purchasing an additional 486,569 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in CVR Energy by 147.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 476,220 shares of the oil and gas company’s stock valued at $20,970,000 after purchasing an additional 283,490 shares during the period. State Street Corp boosted its holdings in CVR Energy by 19.9% in the 3rd quarter. State Street Corp now owns 1,204,765 shares of the oil and gas company’s stock valued at $53,046,000 after purchasing an additional 199,899 shares during the period. Finally, Amundi Pioneer Asset Management Inc. bought a new stake in CVR Energy in the 1st quarter valued at $5,181,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Separately, Credit Suisse Group started coverage on shares of CVR Energy in a report on Friday, January 3rd. They set a “neutral” rating and a $43.00 price objective on the stock. Three investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. CVR Energy currently has an average rating of “Hold” and a consensus price target of $44.80.

CVR Energy stock traded down $0.74 during trading hours on Wednesday, hitting $38.83. The stock had a trading volume of 46,725 shares, compared to its average volume of 536,944. The company has a 50-day moving average of $41.49 and a two-hundred day moving average of $44.97. The company has a quick ratio of 1.59, a current ratio of 2.25 and a debt-to-equity ratio of 0.69. The company has a market cap of $4.05 billion, a PE ratio of 9.68 and a beta of 1.29. CVR Energy, Inc. has a fifty-two week low of $36.35 and a fifty-two week high of $55.52.

CVR Energy (NYSE:CVI) last announced its quarterly earnings data on Wednesday, October 23rd. The oil and gas company reported $1.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.27. The company had revenue of $1.62 billion for the quarter. CVR Energy had a return on equity of 24.03% and a net margin of 6.40%.

About CVR Energy

CVR Energy, Inc, through its subsidiaries, engages in petroleum refining and nitrogen fertilizer manufacturing activities in the United States. The company operates in Petroleum and Nitrogen Fertilizer segments. The Petroleum segment refines and markets transportation fuels, such as gasoline, diesel fuel, and other refined products.

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

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