Nuveen Asset Management LLC Has $16.24 Million Holdings in CVR Energy, Inc. (NYSE:CVI)

Nuveen Asset Management LLC lifted its stake in shares of CVR Energy, Inc. (NYSE:CVI – Get Rating) by 11.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 560,351 shares of the oil and gas company’s stock after purchasing an additional 55,890 shares during the period. Nuveen Asset Management LLC owned approximately 0.56% of CVR Energy worth $16,239,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of CVI. Money Concepts Capital Corp lifted its position in CVR Energy by 174.8% during the 3rd quarter. Money Concepts Capital Corp now owns 907 shares of the oil and gas company’s stock valued at $26,000 after purchasing an additional 577 shares during the period. Great West Life Assurance Co. Can boosted its stake in CVR Energy by 28.0% in the first quarter. Great West Life Assurance Co. Can now owns 3,752 shares of the oil and gas company’s stock valued at $102,000 after acquiring an additional 821 shares during the last quarter. Congress Asset Management Co. MA grew its holdings in CVR Energy by 1.2% during the 3rd quarter. Congress Asset Management Co. MA now owns 72,141 shares of the oil and gas company’s stock worth $2,091,000 after acquiring an additional 827 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of CVR Energy by 27.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,763 shares of the oil and gas company’s stock valued at $160,000 after acquiring an additional 1,019 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp lifted its stake in shares of CVR Energy by 20.5% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 7,992 shares of the oil and gas company’s stock valued at $232,000 after purchasing an additional 1,361 shares during the period. 95.51% of the stock is currently owned by institutional investors and hedge funds.

CVR Energy Stock Up 1.1 %

Shares of CVR Energy stock opened at $33.43 on Monday. The business has a fifty day simple moving average of $32.37 and a 200 day simple moving average of $33.67. The stock has a market cap of $3.36 billion, a PE ratio of 7.27 and a beta of 1.49. The company has a quick ratio of 0.67, a current ratio of 1.11 and a debt-to-equity ratio of 2.00. CVR Energy, Inc. has a 12 month low of $17.04 and a 12 month high of $43.61.

CVR Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 13th. Stockholders of record on Monday, March 6th will be paid a $0.50 dividend. The ex-dividend date is Friday, March 3rd. This is a boost from CVR Energy’s previous quarterly dividend of $0.40. This represents a $2.00 dividend on an annualized basis and a dividend yield of 5.98%. CVR Energy’s dividend payout ratio is 34.78%.

CVR Energy Company Profile

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CVR Energy, Inc is a holding company. The firm engages in the provision of petroleum refining and marketing business. It operates through the following segments: Petroleum and Nitrogen Fertilizer. The company was founded in September 1906 and is headquartered in Sugar Land, TX.