Alliancebernstein L.P. increased its position in shares of CVR Energy Inc. (NYSE:CVI) by 531.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 189,490 shares of the oil and gas company’s stock after purchasing an additional 159,490 shares during the quarter. Alliancebernstein L.P. owned 0.22% of CVR Energy worth $4,123,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of the stock. Public Employees Retirement System of Ohio raised its holdings in CVR Energy by 6.0% during the first quarter. Public Employees Retirement System of Ohio now owns 9,293 shares of the oil and gas company’s stock worth $187,000 after purchasing an additional 530 shares during the last quarter. American International Group Inc. raised its holdings in CVR Energy by 5.9% during the first quarter. American International Group Inc. now owns 11,285 shares of the oil and gas company’s stock worth $227,000 after purchasing an additional 628 shares during the last quarter. Zweig DiMenna Associates LLC raised its holdings in CVR Energy by 6.4% during the second quarter. Zweig DiMenna Associates LLC now owns 13,300 shares of the oil and gas company’s stock worth $289,000 after purchasing an additional 800 shares during the last quarter. Creative Planning raised its holdings in CVR Energy by 39.4% during the second quarter. Creative Planning now owns 6,550 shares of the oil and gas company’s stock worth $143,000 after purchasing an additional 1,850 shares during the last quarter. Finally, US Bancorp DE raised its holdings in CVR Energy by 18.0% during the second quarter. US Bancorp DE now owns 13,054 shares of the oil and gas company’s stock worth $284,000 after purchasing an additional 1,989 shares during the last quarter. 99.52% of the stock is owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY NOTICE: “Alliancebernstein L.P. Raises Position in CVR Energy Inc. (CVI)” was originally published by Watch List News and is owned by of Watch List News. If you are reading this story on another publication, it was illegally stolen and republished in violation of US & international trademark and copyright law. The legal version of this story can be read at https://www.watchlistnews.com/alliancebernstein-l-p-raises-position-in-cvr-energy-inc-cvi/1609302.html.

CVR Energy Inc. (CVI) opened at 27.40 on Thursday. CVR Energy Inc. has a 12-month low of $12.03 and a 12-month high of $27.49. The stock has a 50 day moving average price of $22.44 and a 200-day moving average price of $20.93. The firm has a market capitalization of $2.38 billion, a PE ratio of 100.00 and a beta of 1.66.

CVR Energy (NYSE:CVI) last released its quarterly earnings data on Thursday, July 27th. The oil and gas company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.07. The business had revenue of $1.43 billion during the quarter. CVR Energy had a return on equity of 2.10% and a net margin of 0.44%. On average, equities research analysts forecast that CVR Energy Inc. will post $0.89 EPS for the current year.

CVI has been the subject of several research reports. BidaskClub raised CVR Energy from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. ValuEngine raised CVR Energy from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 11th.

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)

Receive News & Ratings for CVR Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CVR Energy Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.