CVR Refining, LP (CVRR) Reaches $14.40 After 7.00% Down Move; A-R-T- Advisors Trimmed Its Simon Ppty Group New (SPG) Stake

February 20, 2018 - By Ellis Scott

A-R-T- Advisors Llc decreased Simon Ppty Group Inc New (SPG) stake by 7.14% reported in 2017Q3 SEC filing. A-R-T- Advisors Llc sold 5,300 shares as Simon Ppty Group Inc New (SPG)’s stock declined 12.82%. The A-R-T- Advisors Llc holds 68,900 shares with $11.09M value, down from 74,200 last quarter. Simon Ppty Group Inc New now has $56.25 billion valuation. The stock increased 0.65% or $1.01 during the last trading session, reaching $157.1. About 441,966 shares traded. Simon Property Group, Inc. (NYSE:SPG) has declined 18.56% since February 20, 2017 and is downtrending. It has underperformed by 35.26% the S&P500.

The stock of CVR Refining, LP (NYSE:CVRR) is a huge mover today! The stock decreased 3.68% or $0.55 during the last trading session, reaching $14.4. About 233,928 shares traded. CVR Refining, LP (NYSE:CVRR) has declined 2.95% since February 20, 2017 and is downtrending. It has underperformed by 19.65% the S&P500.The move comes after 9 months negative chart setup for the $2.13B company. It was reported on Feb, 20 by Barchart.com. We have $13.39 PT which if reached, will make NYSE:CVRR worth $148.75M less.

Among 10 analysts covering CVR Refining LP (NYSE:CVRR), 1 have Buy rating, 2 Sell and 7 Hold. Therefore 10% are positive. CVR Refining LP had 34 analyst reports since July 24, 2015 according to SRatingsIntel. JP Morgan downgraded CVR Refining, LP (NYSE:CVRR) on Friday, June 10 to “Underweight” rating. Citigroup maintained the stock with “Neutral” rating in Wednesday, October 18 report. UBS downgraded CVR Refining, LP (NYSE:CVRR) on Wednesday, November 15 to “Sell” rating. maintained the stock with “Underweight” rating in Monday, October 10 report. On Thursday, November 10 the stock rating was upgraded by Credit Suisse to “Neutral”. Credit Suisse maintained the shares of CVRR in report on Friday, February 19 with “Neutral” rating. Macquarie Research initiated CVR Refining, LP (NYSE:CVRR) on Friday, July 24 with “Neutral” rating. The firm has “Neutral” rating by PiperJaffray given on Friday, November 18. The rating was maintained by Citigroup on Wednesday, September 14 with “Neutral”. Barclays Capital maintained CVR Refining, LP (NYSE:CVRR) rating on Tuesday, August 2. Barclays Capital has “Overweight” rating and $8 target.

CVR Refining, LP operates as an independent petroleum refiner and marketer of transportation fuels in the United States. The company has market cap of $2.13 billion. It owns and operates a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas. It has a 19.83 P/E ratio. The firm also controls and operates logistics assets, including approximately 340 miles of owned and leased pipelines; approximately 150 owned crude oil transports; a network of crude oil gathering tank farms; and approximately 6.4 million barrels of owned and leased crude oil storage capacity, as well as approximately 4.5 million barrels of combined refined products and feedstocks storage capacity.

Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.03, from 1 in 2017Q2. It turned negative, as 14 investors sold CVR Refining, LP shares while 16 reduced holdings. 6 funds opened positions while 23 raised stakes. 17.89 million shares or 13.50% more from 15.76 million shares in 2017Q2 were reported. Wells Fargo Com Mn holds 0% of its portfolio in CVR Refining, LP (NYSE:CVRR) for 178,367 shares. 145,100 are owned by Creative Planning. Guggenheim Ltd Llc accumulated 24,800 shares. Rbf Capital Limited Liability Company accumulated 0.03% or 20,600 shares. National Bank Of Mellon Corporation has 0% invested in CVR Refining, LP (NYSE:CVRR). Invesco Ltd invested in 0% or 278,232 shares. First Tru Advisors L P owns 52,537 shares or 0% of their US portfolio. Sumitomo Mitsui invested in 45,000 shares. Art Ltd Com reported 67,061 shares. Lpl Fincl Ltd Llc holds 0% of its portfolio in CVR Refining, LP (NYSE:CVRR) for 59,761 shares. Citigroup Inc reported 20,908 shares. Acadian Asset Mngmt Ltd Liability has 824,290 shares for 0.04% of their portfolio. Horizon Kinetics Limited Liability Corporation holds 0.01% or 24,521 shares in its portfolio. 1,816 are owned by San Francisco Sentry Inv Group Inc (Ca). Moreover, Fincl Bank Of Montreal Can has 0% invested in CVR Refining, LP (NYSE:CVRR).

A-R-T- Advisors Llc increased Lauder Estee Cos Inc (NYSE:EL) stake by 25,800 shares to 40,000 valued at $4.31M in 2017Q3. It also upped Healthsouth Corp (NYSE:HLS) stake by 13,400 shares and now owns 47,800 shares. Raymond James Financial Inc (NYSE:RJF) was raised too.

Among 19 analysts covering Simon Property Group (NYSE:SPG), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Simon Property Group had 65 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Simon Property Group, Inc. (NYSE:SPG) earned “Outperform” rating by RBC Capital Markets on Tuesday, February 2. RBC Capital Markets maintained the stock with “Sector Perform” rating in Tuesday, November 1 report. The stock of Simon Property Group, Inc. (NYSE:SPG) earned “Buy” rating by Zacks on Monday, August 17. The stock has “Buy” rating by BMO Capital Markets on Monday, September 11. The firm has “Hold” rating given on Wednesday, August 26 by Zacks. The firm has “Buy” rating by Boenning & Scattergood given on Monday, October 30. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, July 18. The company was maintained on Sunday, August 27 by Stifel Nicolaus. The rating was maintained by Jefferies with “Buy” on Wednesday, August 23. The stock has “Buy” rating by Canaccord Genuity on Wednesday, July 22.

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