Van ECK Associates Corp lifted its stake in shares of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) by 15.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,028 shares of the oil and gas producer’s stock after acquiring an additional 1,177 shares during the period. Van ECK Associates Corp’s holdings in Carrizo Oil & Gas were worth $157,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. raised its position in shares of Carrizo Oil & Gas by 20,572.2% during the 1st quarter. BlackRock Inc. now owns 8,555,207 shares of the oil and gas producer’s stock valued at $245,193,000 after buying an additional 8,513,822 shares during the period. Marshall Wace North America L.P. boosted its position in shares of Carrizo Oil & Gas by 2,349.5% during the 2nd quarter. Marshall Wace North America L.P. now owns 897,901 shares of the oil and gas producer’s stock worth $15,264,000 after purchasing an additional 861,245 shares during the period. Frontier Capital Management Co. LLC boosted its position in shares of Carrizo Oil & Gas by 17.0% during the 2nd quarter. Frontier Capital Management Co. LLC now owns 4,905,089 shares of the oil and gas producer’s stock worth $85,447,000 after purchasing an additional 714,257 shares during the period. Mackenzie Financial Corp increased its holdings in Carrizo Oil & Gas by 7,755.6% in the 1st quarter. Mackenzie Financial Corp now owns 707,000 shares of the oil and gas producer’s stock valued at $20,263,000 after purchasing an additional 698,000 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in Carrizo Oil & Gas by 55.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,553,079 shares of the oil and gas producer’s stock valued at $27,053,000 after purchasing an additional 552,971 shares during the last quarter.

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CRZO has been the topic of a number of research reports. Williams Capital set a $35.00 price target on Carrizo Oil & Gas and gave the stock a “buy” rating in a research note on Tuesday, August 8th. Seaport Global Securities downgraded Carrizo Oil & Gas from a “buy” rating to a “sell” rating in a report on Wednesday, June 21st. BidaskClub lowered Carrizo Oil & Gas from a “sell” rating to a “strong sell” rating in a research note on Thursday, June 22nd. Zacks Investment Research raised Carrizo Oil & Gas from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. Finally, Tudor Pickering cut Carrizo Oil & Gas from a “buy” rating to a “hold” rating in a report on Tuesday, September 5th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $35.63.

Carrizo Oil & Gas, Inc. (CRZO) opened at 17.13 on Monday. The stock’s market capitalization is $1.40 billion. The company has a 50 day moving average of $13.47 and a 200-day moving average of $20.45. Carrizo Oil & Gas, Inc. has a 52-week low of $11.10 and a 52-week high of $43.96.

Carrizo Oil & Gas (NASDAQ:CRZO) last released its earnings results on Tuesday, August 8th. The oil and gas producer reported $0.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.05. Carrizo Oil & Gas had a positive return on equity of 1,494.45% and a negative net margin of 0.98%. The company had revenue of $166.50 million during the quarter, compared to analysts’ expectations of $163.22 million. During the same period in the prior year, the business posted $0.29 EPS. The business’s revenue was up 55.2% on a year-over-year basis. Equities research analysts anticipate that Carrizo Oil & Gas, Inc. will post $1.08 EPS for the current year.

In other Carrizo Oil & Gas news, Director Steven A. Webster bought 29,700 shares of the stock in a transaction on Tuesday, August 15th. The stock was purchased at an average price of $13.36 per share, for a total transaction of $396,792.00. Following the completion of the purchase, the director now directly owns 2,724,410 shares in the company, valued at $36,398,117.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Steven A. Webster bought 75,000 shares of the company’s stock in a transaction on Monday, August 14th. The shares were acquired at an average cost of $13.89 per share, for a total transaction of $1,041,750.00. Following the completion of the acquisition, the director now directly owns 2,724,410 shares of the company’s stock, valued at approximately $37,842,054.90. The disclosure for this purchase can be found here. Insiders purchased 431,600 shares of company stock worth $5,602,306 over the last ninety days. 6.00% of the stock is currently owned by corporate 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.

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

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