Carrizo Oil & Gas Inc. (NASDAQ:CRZO) traded up 3.8% on Thursday . The stock traded as high as $37.14 and last traded at $37.10, with a volume of 865,206 shares traded. The stock had previously closed at $35.75.

Several equities research analysts recently weighed in on the company. Canaccord Genuity boosted their target price on Carrizo Oil & Gas from $38.00 to $44.00 and gave the stock a “buy” rating in a report on Thursday, June 9th. Seaport Global Securities raised Carrizo Oil & Gas from a “neutral” rating to an “accumulate” rating and set a $44.00 price target on the stock in a research report on Tuesday, June 7th. JPMorgan Chase & Co. raised Carrizo Oil & Gas from a “neutral” rating to an “overweight” rating and set a $40.00 price target on the stock in a research report on Thursday, May 26th. Cantor Fitzgerald reaffirmed a “buy” rating on shares of Carrizo Oil & Gas in a research report on Saturday, June 4th. Finally, KLR Group downgraded Carrizo Oil & Gas from a “buy” rating to an “accumulate” rating and set a $41.00 price target on the stock. in a research report on Tuesday, May 24th. Four analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $39.68.

The stock’s 50-day moving average is $35.18 and its 200 day moving average is $33.10. The stock’s market cap is $2.24 billion.

Carrizo Oil & Gas (NASDAQ:CRZO) last posted its quarterly earnings data on Thursday, August 4th. The company reported $0.29 EPS for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.16. The company had revenue of $107.30 million for the quarter, compared to the consensus estimate of $119.67 million. During the same quarter last year, the business earned $0.39 EPS. Carrizo Oil & Gas’s revenue was down 13.1% on a year-over-year basis. On average, equities research analysts forecast that Carrizo Oil & Gas Inc. will post $1.09 EPS for the current fiscal year.

In other news, VP Gerald A. Morton sold 4,246 shares of Carrizo Oil & Gas stock in a transaction on Wednesday, June 1st. The stock was sold at an average price of $37.92, for a total value of $161,008.32. Following the transaction, the vice president now owns 66,374 shares in the company, valued at approximately $2,516,902.08. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO S P. Iv Johnson sold 6,000 shares of Carrizo Oil & Gas stock in a transaction on Monday, June 6th. The shares were sold at an average price of $38.38, for a total value of $230,280.00. Following the completion of the transaction, the chief executive officer now owns 619,717 shares in the company, valued at approximately $23,784,738.46. The disclosure for this sale can be found here.

Several institutional investors have modified their holdings of the stock. Employees Retirement System of Texas acquired a new position in shares of Carrizo Oil & Gas during the fourth quarter valued at about $3,550,000. Bank of Montreal Can raised its position in shares of Carrizo Oil & Gas by 19.8% in the fourth quarter. Bank of Montreal Can now owns 362,794 shares of the company’s stock valued at $10,731,000 after buying an additional 59,845 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Carrizo Oil & Gas by 11.3% in the fourth quarter. Principal Financial Group Inc. now owns 566,150 shares of the company’s stock valued at $16,746,000 after buying an additional 57,637 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Carrizo Oil & Gas during the fourth quarter valued at about $1,682,000. Finally, Wells Fargo & Company MN raised its position in shares of Carrizo Oil & Gas by 8.3% in the fourth quarter. Wells Fargo & Company MN now owns 587,830 shares of the company’s stock valued at $17,389,000 after buying an additional 45,188 shares during the last quarter.

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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