Shares of CVR Refining, LP (NYSE:CVRR) have received an average rating of “Hold” from the twelve research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $10.29.

A number of research firms have recently weighed in on CVRR. BidaskClub upgraded shares of CVR Refining, from a “hold” rating to a “buy” rating in a report on Saturday, November 4th. Barclays PLC boosted their target price on shares of CVR Refining, from $10.00 to $13.00 and gave the stock an “underweight” rating in a report on Thursday, November 2nd. Citigroup Inc. boosted their target price on shares of CVR Refining, from $8.00 to $10.50 and gave the stock a “neutral” rating in a report on Wednesday, October 18th. ValuEngine upgraded shares of CVR Refining, from a “hold” rating to a “buy” rating in a report on Wednesday, October 11th. Finally, Tudor Pickering upgraded shares of CVR Refining, from a “hold” rating to a “buy” rating in a report on Monday, October 9th.

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Shares of CVR Refining, (NYSE:CVRR) opened at $13.10 on Thursday. The company has a market cap of $1,911.42, a price-to-earnings ratio of 17.99 and a beta of 1.32. CVR Refining, has a one year low of $6.66 and a one year high of $13.00. The company has a quick ratio of 1.22, a current ratio of 1.86 and a debt-to-equity ratio of 0.38.

CVR Refining, (NYSE:CVRR) last announced its quarterly earnings results on Wednesday, November 1st. The oil and gas company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.23 by $0.24. CVR Refining, had a net margin of 1.98% and a return on equity of 7.90%. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter in the previous year, the company earned $0.11 EPS. The business’s quarterly revenue was up 19.1% compared to the same quarter last year. equities analysts forecast that CVR Refining, will post 1.53 earnings per share for the current year.

The company also recently declared a special dividend, which will be paid on Friday, November 17th. Investors of record on Friday, November 10th will be issued a dividend of $0.94 per share. The ex-dividend date is Thursday, November 9th.

Large investors have recently modified their holdings of the stock. Artemis Investment Management LLP bought a new position in CVR Refining, during the 2nd quarter valued at about $5,897,000. PNC Financial Services Group Inc. grew its holdings in CVR Refining, by 10.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 20,550 shares of the oil and gas company’s stock valued at $195,000 after purchasing an additional 2,000 shares during the last quarter. Morgan Stanley grew its holdings in CVR Refining, by 36.1% during the 1st quarter. Morgan Stanley now owns 2,004,627 shares of the oil and gas company’s stock valued at $18,945,000 after purchasing an additional 531,355 shares during the last quarter. Parkwood LLC grew its holdings in CVR Refining, by 61.1% during the 2nd quarter. Parkwood LLC now owns 141,000 shares of the oil and gas company’s stock valued at $1,340,000 after purchasing an additional 53,487 shares during the last quarter. Finally, HighTower Advisors LLC bought a new position in CVR Refining, during the 1st quarter valued at about $100,000. Institutional investors own 10.73% of the company’s stock.

About CVR Refining,

CVR Refining, LP is an independent downstream energy limited partnership with refining and related logistics assets that operates in the mid-continent region. The Company is a petroleum refiner. It owned and operated a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas with a rated capacity of 115,000 barrels per calendar day (bpcd) and a complex crude oil refinery in Wynnewood, Oklahoma with a rated capacity of 70,000 bpcd capable of processing 20,000 bpcd of light sour crude oils (within its rated capacity of 70,000 bpcd), as of December 31, 2016.

Analyst Recommendations for CVR Refining, (NYSE:CVRR)

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