Strs Ohio raised its position in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) by 12.0% during the second quarter, Holdings Channel reports. The firm owned 140,000 shares of the oil and gas producer’s stock after buying an additional 15,000 shares during the period. Strs Ohio’s holdings in Carrizo Oil & Gas were worth $2,438,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Campbell & CO Investment Adviser LLC acquired a new stake in Carrizo Oil & Gas during the second quarter worth about $561,000. Russell Investments Group Ltd. increased its stake in Carrizo Oil & Gas by 1.8% in the second quarter. Russell Investments Group Ltd. now owns 100,179 shares of the oil and gas producer’s stock worth $1,745,000 after buying an additional 1,734 shares during the period. Quantitative Systematic Strategies LLC acquired a new stake in Carrizo Oil & Gas during the second quarter worth about $202,000. US Bancorp DE increased its stake in Carrizo Oil & Gas by 15.4% in the second quarter. US Bancorp DE now owns 32,593 shares of the oil and gas producer’s stock worth $568,000 after buying an additional 4,347 shares during the period. Finally, Gradient Investments LLC increased its stake in Carrizo Oil & Gas by 80.6% in the second quarter. Gradient Investments LLC now owns 27,761 shares of the oil and gas producer’s stock worth $484,000 after buying an additional 12,392 shares during the period. 89.12% of the stock is owned by hedge funds and other institutional investors.

Shares of Carrizo Oil & Gas, Inc. (NASDAQ CRZO) opened at 13.46 on Thursday. The company’s market capitalization is $885.76 million. The firm has a 50-day moving average price of $15.79 and a 200-day moving average price of $24.75. Carrizo Oil & Gas, Inc. has a 1-year low of $12.73 and a 1-year high of $43.96.

Carrizo Oil & Gas (NASDAQ:CRZO) last posted its quarterly earnings data on Tuesday, August 8th. The oil and gas producer reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.05. The company had revenue of $166.50 million for the quarter, compared to analyst estimates of $163.22 million. Carrizo Oil & Gas had a positive return on equity of 1,494.45% and a negative net margin of 0.98%. The business’s revenue was up 55.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.29 earnings per share. Equities analysts anticipate that Carrizo Oil & Gas, Inc. will post $0.93 earnings per share for the current year.

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Several brokerages have issued reports on CRZO. Williams Capital set a $35.00 price objective on shares of Carrizo Oil & Gas and gave the company a “buy” rating in a research report on Tuesday. BidaskClub downgraded shares of Carrizo Oil & Gas from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th. Zacks Investment Research raised shares of Carrizo Oil & Gas from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. J P Morgan Chase & Co downgraded shares of Carrizo Oil & Gas from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $30.00 to $21.00 in a research report on Thursday, July 20th. Finally, Mizuho reaffirmed a “buy” rating and issued a $32.00 price objective on shares of Carrizo Oil & Gas in a research report on Friday, June 30th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $40.33.

In other Carrizo Oil & Gas news, Director Frank A. Wojtek sold 2,800 shares of the business’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $24.24, for a total value of $67,872.00. Following the transaction, the director now owns 30,008 shares of the company’s stock, valued at $727,393.92. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 6.00% 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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Institutional Ownership by Quarter for Carrizo Oil & Gas (NASDAQ:CRZO)

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