Falcon Point Capital LLC boosted its position in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) by 61.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 386,916 shares of the oil and gas producer’s stock after buying an additional 147,421 shares during the period. Falcon Point Capital LLC’s holdings in Carrizo Oil & Gas were worth $6,740,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Point72 Asia Hong Kong Ltd boosted its position in Carrizo Oil & Gas by 1,014.9% in the first quarter. Point72 Asia Hong Kong Ltd now owns 3,523 shares of the oil and gas producer’s stock worth $101,000 after buying an additional 3,207 shares during the last quarter. Glen Harbor Capital Management LLC boosted its position in Carrizo Oil & Gas by 33.7% in the first quarter. Glen Harbor Capital Management LLC now owns 3,892 shares of the oil and gas producer’s stock worth $112,000 after buying an additional 980 shares during the last quarter. Elkfork Partners LLC boosted its position in Carrizo Oil & Gas by 33.7% in the first quarter. Elkfork Partners LLC now owns 4,726 shares of the oil and gas producer’s stock worth $135,000 after buying an additional 1,190 shares during the last quarter. Ameritas Investment Partners Inc. purchased a new position in Carrizo Oil & Gas during the first quarter worth approximately $150,000. Finally, State of Alaska Department of Revenue boosted its position in Carrizo Oil & Gas by 1.8% in the first quarter. State of Alaska Department of Revenue now owns 6,760 shares of the oil and gas producer’s stock worth $193,000 after buying an additional 120 shares during the last quarter. 89.12% of the stock is currently owned by institutional investors and hedge funds.

Shares of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) opened at 13.86 on Friday. The company’s market cap is $912.47 million. The firm’s 50-day moving average is $15.65 and its 200 day moving average is $24.51. 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 issued its earnings results on Tuesday, August 8th. The oil and gas producer reported $0.30 EPS for the quarter, topping the consensus estimate of $0.25 by $0.05. The firm had revenue of $166.50 million during the quarter, compared to analysts’ expectations 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%. Carrizo Oil & Gas’s quarterly revenue was up 55.2% compared to the same quarter last year. During the same period last year, the business earned $0.29 earnings per share. Equities analysts expect that Carrizo Oil & Gas, Inc. will post $0.96 EPS for the current fiscal year.

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CRZO has been the topic of a number of recent research reports. Mizuho reissued a “buy” rating and set a $32.00 target price on shares of Carrizo Oil & Gas in a research report on Friday, June 30th. BMO Capital Markets set a $20.00 target price on shares of Carrizo Oil & Gas and gave the stock a “buy” rating in a research report on Monday, June 26th. Jefferies Group LLC set a $36.00 target price on shares of Carrizo Oil & Gas and gave the stock a “buy” rating in a research report on Wednesday, May 17th. Royal Bank Of Canada set a $40.00 target price on shares of Carrizo Oil & Gas and gave the stock a “buy” rating in a research report on Thursday, May 11th. Finally, Williams Capital reissued a “buy” rating and set a $42.00 target price on shares of Carrizo Oil & Gas in a research report on Tuesday, May 9th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $40.33.

In related news, Director Frank A. Wojtek sold 2,800 shares of the firm’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 completion of the transaction, the director now directly owns 30,008 shares of the company’s stock, valued at $727,393.92. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 6.00% of the stock is owned by company 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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