Creative Planning lowered its position in shares of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) by 1.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 7,860 shares of the oil and gas producer’s stock after selling 95 shares during the period. Creative Planning’s holdings in Carrizo Oil & Gas were worth $137,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Norges Bank purchased a new stake in Carrizo Oil & Gas during the fourth quarter worth approximately $8,100,000. Fox Run Management L.L.C. boosted its stake in Carrizo Oil & Gas by 94.2% in the first quarter. Fox Run Management L.L.C. now owns 16,700 shares of the oil and gas producer’s stock worth $479,000 after buying an additional 8,100 shares during the last quarter. Louisiana State Employees Retirement System boosted its stake in Carrizo Oil & Gas by 1.2% in the first quarter. Louisiana State Employees Retirement System now owns 24,900 shares of the oil and gas producer’s stock worth $714,000 after buying an additional 300 shares during the last quarter. Palisade Capital Management LLC NJ boosted its stake in Carrizo Oil & Gas by 5.7% in the first quarter. Palisade Capital Management LLC NJ now owns 252,951 shares of the oil and gas producer’s stock worth $7,250,000 after buying an additional 13,660 shares during the last quarter. Finally, Perkins Capital Management Inc. boosted its stake in Carrizo Oil & Gas by 5.0% in the first quarter. Perkins Capital Management Inc. now owns 20,950 shares of the oil and gas producer’s stock worth $600,000 after buying an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 89.12% of the company’s stock.

Carrizo Oil & Gas, Inc. (CRZO) traded up 0.36% on Friday, reaching $13.86. 2,185,610 shares of the company’s stock traded hands. The stock’s market cap is $912.47 million. The stock has a 50 day moving average price of $15.65 and a 200 day moving average price of $24.51. Carrizo Oil & Gas, Inc. has a 12-month low of $12.73 and a 12-month high of $43.96.

Carrizo Oil & Gas (NASDAQ:CRZO) last released its quarterly earnings data on Tuesday, August 8th. The oil and gas producer reported $0.30 EPS for the quarter, beating the consensus estimate of $0.25 by $0.05. The business had revenue of $166.50 million for the quarter, compared to the consensus estimate of $163.22 million. Carrizo Oil & Gas had a negative net margin of 0.98% and a positive return on equity of 1,494.45%. The business’s revenue for the quarter was up 55.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.29 EPS. Analysts forecast that Carrizo Oil & Gas, Inc. will post $0.96 EPS for the current year.

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CRZO has been the topic of a number of recent analyst reports. Royal Bank Of Canada reiterated a “buy” rating and set a $43.00 price target on shares of Carrizo Oil & Gas in a report on Tuesday, April 25th. Williams Capital reiterated a “buy” rating and set a $42.00 price target on shares of Carrizo Oil & Gas in a report on Tuesday, May 9th. Jefferies Group LLC set a $36.00 price target on shares of Carrizo Oil & Gas and gave the company a “buy” rating in a report on Wednesday, May 17th. Robert W. Baird cut their price target on shares of Carrizo Oil & Gas from $50.00 to $36.00 and set an “outperform” rating on the stock in a report on Wednesday, May 24th. Finally, Credit Suisse Group reiterated a “neutral” rating and set a $38.00 price target on shares of Carrizo Oil & Gas in a report on Friday, June 2nd. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $40.33.

In other news, Director Frank A. Wojtek sold 2,800 shares of the company’s stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of $24.24, for a total value of $67,872.00. Following the sale, the director now directly owns 30,008 shares of the company’s stock, valued at approximately $727,393.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.00% of the stock is 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.

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

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