California Public Employees Retirement System increased its stake in shares of CVR Energy Inc. (NYSE:CVI) by 10.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 206,300 shares of the oil and gas company’s stock after buying an additional 19,400 shares during the period. California Public Employees Retirement System’s holdings in CVR Energy were worth $4,143,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Russell Investments Group Ltd. bought a new stake in shares of CVR Energy during the fourth quarter valued at about $229,000. State Street Corp raised its stake in shares of CVR Energy by 5.0% in the fourth quarter. State Street Corp now owns 318,632 shares of the oil and gas company’s stock valued at $8,089,000 after buying an additional 15,304 shares during the last quarter. GSA Capital Partners LLP bought a new stake in shares of CVR Energy during the fourth quarter valued at about $427,000. Norges Bank bought a new stake in shares of CVR Energy during the fourth quarter valued at about $11,641,000. Finally, Teachers Advisors LLC raised its stake in shares of CVR Energy by 50.2% in the fourth quarter. Teachers Advisors LLC now owns 61,913 shares of the oil and gas company’s stock valued at $1,572,000 after buying an additional 20,684 shares during the last quarter. Institutional investors and hedge funds own 97.55% of the company’s stock.

CVR Energy Inc. (NYSE:CVI) opened at 22.28 on Friday. The stock has a market capitalization of $1.93 billion, a P/E ratio of 30.86 and a beta of 1.75. The firm’s 50 day moving average is $20.88 and its 200 day moving average is $21.41. CVR Energy Inc. has a 1-year low of $12.03 and a 1-year high of $25.91.

CVR Energy (NYSE:CVI) last posted its earnings results on Thursday, April 27th. The oil and gas company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.32. The firm had revenue of $1.51 billion during the quarter. CVR Energy had a return on equity of 3.21% and a net margin of 1.17%. On average, equities research analysts anticipate that CVR Energy Inc. will post $0.46 earnings per share for the current year.

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Several equities research analysts have issued reports on CVI shares. BidaskClub upgraded shares of CVR Energy from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 13th. ValuEngine raised shares of CVR Energy from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, July 11th. Four investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $14.50.

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).

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

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