CVR Refining, LP (NYSE:CVRR) is on recovery track with 94.57% gain from a 1-year low price of $6.45. The company added 10.57% to attain the price of $12.55 on 11/01/2017. Throughout the recent session, the prices were hovering between $11.4 and $12.8. These shares are -15.78% up from its target price of $10.57 and the current market capitalization stands at $1.78B. The recent change has given its price a 30.82% lead over SMA 50 and 0% deficit over its 52-week high. The stock witnessed 26.13% gains, 65.13% gains and 24.26% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CVRR’s volatility during a week at 5.86% and during a month it has been found around 4.53%.CVR Refining, LP (CVRR) Top Holders
Institutional investors currently hold around $180 million or 11.3% in CVRR stock. Look at its top three institutional owners. Icahn Carl C owns $65.26 million in CVR Refining, LP, which represents roughly 3.67% of the company’s market cap and approximately 36.26% of the institutional ownership. Similar statistics are true for the second largest owner, Bank Of America Corp /De/, which owns 1,276,750 shares of the stock are valued at $14.49 million. The third largest holder is Hite Hedge Asset Management Llc, which currently holds $11.85 million worth of this stock and that ownership represents nearly 0.67% of its market capitalization.CVR Refining, LP 13F Filings
At the end of 06/30/2017 reporting period, 38 institutional holders increased their position in CVR Refining, LP (NYSE:CVRR) by some 3,809,242 shares, 39 decreased positions by 3,880,559 and 14 held positions by 8,150,347. That puts total institutional holdings at 15,840,148 shares, according to SEC filings. The stock grabbed 15 new institutional investments totaling 2,483,906 shares while 14 institutional investors sold out their entire positions totaling 1,469,965 shares.
Multiple company employees have indulged in significant insider trading. CVR Refining, LP disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director, 10% Owner Icahn Carl C has sold 250,000 shares of CVR Refining, LP (CVRR) in trading session dated Aug. 02, 2016. These shares are worth $1,425,000 and were traded at $5.7 each. The SEC filing shows that Haugen Robert W performed a sale of 4,000 shares. The EVP, Refining Operations disposed these shares by way of transaction on Feb. 24, 2015. The company’s shares were given away at $18.59 per share worth to an income of some $74,360 on account of Haugen Robert W.
Director, 10% Owner, Icahn Carl C, sold 9,036 common shares of CVR Refining, LP (CVRR) in the open market. In a transaction dated Jan. 20, 2015, the shares were put up for sale at an average price of $16.46, raking in a sum of $148,733. After this sale, 12,000 common shares of CVRR are directly owned by the insider, with total stake valued at $150,600.
In the transaction dated Sep. 13, 2013, the great number of shares disposed came courtesy the Director; Cozza Keith disposed a total of 10,000 shares at an average price of $26.34, amounting to approximately $263,400.CVR Refining, LP (CVRR) Analyst Guide
Several analysts have released their opinion on CVR Refining, LP (NYSE:CVRR), with 1 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.5 average brokerage recommendation.