Quantbot Technologies LP increased its position in Carrizo Oil & Gas Inc (NASDAQ:CRZO) by 37.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,169 shares of the oil and gas producer’s stock after buying an additional 6,331 shares during the quarter. Quantbot Technologies LP’s holdings in Carrizo Oil & Gas were worth $583,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in CRZO. Advisors Asset Management Inc. lifted its position in Carrizo Oil & Gas by 26,788.1% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,821,670 shares of the oil and gas producer’s stock worth $183,000 after buying an additional 1,814,895 shares during the last quarter. BlackRock Inc. lifted its position in Carrizo Oil & Gas by 14.4% in the 3rd quarter. BlackRock Inc. now owns 12,449,324 shares of the oil and gas producer’s stock worth $313,723,000 after buying an additional 1,569,126 shares during the last quarter. Laurion Capital Management LP bought a new stake in Carrizo Oil & Gas in the 2nd quarter worth approximately $38,719,000. LSV Asset Management lifted its position in Carrizo Oil & Gas by 18.8% in the 2nd quarter. LSV Asset Management now owns 4,082,450 shares of the oil and gas producer’s stock worth $113,696,000 after buying an additional 645,350 shares during the last quarter. Finally, Elk Creek Partners LLC bought a new stake in Carrizo Oil & Gas in the 3rd quarter worth approximately $11,900,000.

Shares of Carrizo Oil & Gas stock opened at $15.90 on Friday. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.27 and a current ratio of 0.27. The company has a market capitalization of $1.50 billion, a price-to-earnings ratio of 11.12 and a beta of 2.31. Carrizo Oil & Gas Inc has a one year low of $13.49 and a one year high of $31.57.

Carrizo Oil & Gas (NASDAQ:CRZO) last announced its quarterly earnings results on Monday, November 5th. The oil and gas producer reported $0.94 EPS for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.15. Carrizo Oil & Gas had a return on equity of 56.06% and a net margin of 12.23%. The business had revenue of $303.40 million for the quarter, compared to analysts’ expectations of $265.34 million. During the same period in the previous year, the firm earned $0.33 EPS. The business’s quarterly revenue was up 67.3% on a year-over-year basis. As a group, equities analysts expect that Carrizo Oil & Gas Inc will post 3.11 EPS for the current fiscal year.

In other news, COO John Bradley Fisher sold 7,500 shares of the business’s stock in a transaction that occurred on Thursday, October 4th. The stock was sold at an average price of $25.01, for a total transaction of $187,575.00. Following the transaction, the chief operating officer now directly owns 157,436 shares of the company’s stock, valued at $3,937,474.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider S P. Iv Johnson sold 8,000 shares of the business’s stock in a transaction that occurred on Monday, October 15th. The shares were sold at an average price of $22.32, for a total value of $178,560.00. Following the transaction, the insider now directly owns 163,076 shares in the company, valued at $3,639,856.32. The disclosure for this sale can be found here. Insiders have sold 31,500 shares of company stock worth $697,495 over the last three months. Insiders own 5.40% of the company’s stock.

A number of research firms recently weighed in on CRZO. BidaskClub upgraded Carrizo Oil & Gas from a “hold” rating to a “buy” rating in a research report on Wednesday, September 26th. ValuEngine cut Carrizo Oil & Gas from a “hold” rating to a “sell” rating in a research note on Tuesday, October 2nd. Oppenheimer started coverage on Carrizo Oil & Gas in a research note on Wednesday, October 3rd. They issued a “market perform” rating on the stock. Williams Capital set a $41.00 price target on Carrizo Oil & Gas and gave the stock a “buy” rating in a research note on Wednesday, August 15th. Finally, Raymond James lifted their price target on Carrizo Oil & Gas from $43.00 to $44.00 and gave the stock a “strong-buy” rating in a research note on Thursday, September 6th. Three research analysts have rated the stock with a sell rating, six have given a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. Carrizo Oil & Gas presently has an average rating of “Buy” and an average price target of $29.06.

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About Carrizo Oil & Gas

Carrizo Oil & Gas, Inc, together with its subsidiaries, engages in the exploration, development, and production of crude oil, natural gas liquids, and gas from resource plays primarily in the United States. The company holds interests in oil and gas plays, including Eagle Ford Shale in South Texas; and the Delaware Basin in West Texas.

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Institutional Ownership by Quarter for Carrizo Oil & Gas (NASDAQ:CRZO)

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