Today: Today, 16,584 Shares of Carrizo Oil & Gas Inc. (CRZO) are sold by Quantbot Technologies LP

Today, 16,584 Shares of Carrizo Oil & Gas Inc. (CRZO) are sold by Quantbot Technologies LP

Quantbot Technologies LP cut its stake in Carrizo Oil & Gas Inc. (NASDAQ:CRZO) by 78.7% during the third quarter, Holdings Channel reports. The firm owned 4,496 shares of the company’s stock after selling 16,584 shares during the period. Quantbot Technologies LP’s holdings in Carrizo Oil & Gas were worth $182,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Peregrine Capital Management LLC acquired a new position in Carrizo Oil & Gas during the third quarter valued at approximately $8,464,000. Financial Architects Inc boosted its position in Carrizo Oil & Gas by 29.0% in the third quarter. Financial Architects Inc now owns 4,000 shares of the company’s stock valued at $162,000 after buying an additional 900 shares during the period. Mesirow Financial Investment Management Equity Management boosted its position in Carrizo Oil & Gas by 12.8% in the third quarter. Mesirow Financial Investment Management Equity Management now owns 507,309 shares of the company’s stock valued at $20,607,000 after buying an additional 57,620 shares during the period. Chicago Equity Partners LLC acquired a new position in Carrizo Oil & Gas during the third quarter valued at approximately $663,000. Finally, Texas Permanent School Fund boosted its position in Carrizo Oil & Gas by 0.7% in the third quarter. Texas Permanent School Fund now owns 42,090 shares of the company’s stock valued at $1,710,000 after buying an additional 293 shares during the period.

Carrizo Oil & Gas Inc. (NASDAQ:CRZO) remained flat at $39.36 during midday trading on Thursday. Carrizo Oil & Gas Inc. has a one year low of $16.10 and a one year high of $43.56. The firm’s market cap is $2.56 billion. The company has a 50 day moving average of $37.97 and a 200-day moving average of $36.95.

Carrizo Oil & Gas (NASDAQ:CRZO) last posted its earnings results on Thursday, November 3rd. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.06. Carrizo Oil & Gas had a negative net margin of 264.25% and a positive return on equity of 85.42%. The company earned $111.20 million during the quarter, compared to analysts’ expectations of $127.99 million. During the same quarter in the previous year, the company posted $0.20 earnings per share. Carrizo Oil & Gas’s quarterly revenue was up 4.7% compared to the same quarter last year. Equities research analysts predict that Carrizo Oil & Gas Inc. will post $0.98 earnings per share for the current year.

Several analysts recently weighed in on the company. Zacks Investment Research raised Carrizo Oil & Gas from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a report on Tuesday, October 11th. Mizuho assumed coverage on Carrizo Oil & Gas in a report on Wednesday, October 5th. They issued a “neutral” rating and a $42.00 price objective for the company. Credit Suisse Group AG lowered Carrizo Oil & Gas from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $42.00 to $41.00 in a report on Thursday, October 13th. Goldman Sachs Group Inc. lowered Carrizo Oil & Gas from a “buy” rating to a “neutral” rating and set a $45.00 price objective for the company. in a report on Tuesday, October 18th. Finally, KLR Group lowered Carrizo Oil & Gas from a “buy” rating to an “accumulate” rating and set a $45.00 price objective for the company. in a report on Tuesday, October 18th. Seven research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $41.00.

In other news, insider S P. Iv Johnson sold 6,000 shares of Carrizo Oil & Gas stock in a transaction that occurred on Tuesday, September 6th. The shares were sold at an average price of $39.68, for a total value of $238,080.00. Following the completion of the transaction, the insider now owns 601,717 shares in the company, valued at $23,876,130.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO John Bradley Fisher sold 7,500 shares of Carrizo Oil & Gas stock in a transaction that occurred on Monday, October 10th. The shares were sold at an average price of $43.00, for a total transaction of $322,500.00. Following the completion of the transaction, the chief operating officer now owns 144,072 shares of the company’s stock, valued at approximately $6,195,096. The disclosure for this sale can be found here. 6.30% of the stock is currently owned by insiders.

Carrizo Oil & Gas Company Profile

Carrizo Oil & Gas, Inc is an energy company. The Company is engaged in the exploration, development and production of oil and gas from resource plays located in the United States. Its operations are focused in proven, producing oil and gas plays in the Eagle Ford Shale in South Texas, the Delaware Basin in West Texas, the Utica Shale in Ohio, the Niobrara Formation in Colorado, and the Marcellus Shale in Pennsylvania.

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