Rhumbline Advisers trimmed its holdings in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) by 2.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 127,724 shares of the oil and gas producer’s stock after selling 2,585 shares during the quarter. Rhumbline Advisers owned 0.19% of Carrizo Oil & Gas worth $2,225,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of CRZO. BlackRock Inc. lifted its holdings in Carrizo Oil & Gas by 20,572.2% in 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 acquiring an additional 8,513,822 shares during the last quarter. Mackenzie Financial Corp lifted 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 acquiring an additional 698,000 shares during the last quarter. State Street Corp lifted its holdings in Carrizo Oil & Gas by 17.9% in the 1st quarter. State Street Corp now owns 2,964,206 shares of the oil and gas producer’s stock valued at $84,959,000 after acquiring an additional 450,443 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Carrizo Oil & Gas by 6.2% in the 1st quarter. Vanguard Group Inc. now owns 6,022,707 shares of the oil and gas producer’s stock valued at $172,611,000 after acquiring an additional 350,219 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Carrizo Oil & Gas by 45.3% in the 1st quarter. Ameriprise Financial Inc. now owns 1,000,108 shares of the oil and gas producer’s stock valued at $28,648,000 after acquiring an additional 311,963 shares during the last quarter. 99.96% of the stock is owned by institutional investors.

Several analysts have issued reports on the company. Robert W. Baird cut their price objective on Carrizo Oil & Gas from $50.00 to $36.00 and set an “outperform” rating on the stock in a report on Wednesday, May 24th. BidaskClub upgraded Carrizo Oil & Gas from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 5th. Mizuho downgraded Carrizo Oil & Gas from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $32.00 to $17.00 in a report on Thursday, September 7th. BMO Capital Markets set a $20.00 price objective on Carrizo Oil & Gas and gave the stock a “buy” rating in a report on Saturday, August 12th. Finally, Williams Capital set a $35.00 price objective on Carrizo Oil & Gas and gave the stock a “buy” rating in a report on Tuesday, August 8th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $38.47.

In other Carrizo Oil & Gas news, Director Steven A. Webster acquired 25,000 shares of the business’s stock in a transaction dated Monday, August 28th. The shares were acquired at an average price of $12.67 per share, for a total transaction of $316,750.00. Following the acquisition, the director now directly owns 2,826,310 shares of the company’s stock, valued at approximately $35,809,347.70. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven A. Webster acquired 75,000 shares of the business’s stock in a transaction dated Monday, August 14th. The shares were acquired at an average price of $13.89 per share, for a total transaction of $1,041,750.00. Following the acquisition, the director now directly owns 2,724,410 shares in the company, valued at $37,842,054.90. The disclosure for this purchase can be found here. Insiders have bought a total of 431,600 shares of company stock worth $5,602,306 in the last quarter. 6.00% of the stock is currently owned by company insiders.

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Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) opened at 13.72 on Thursday. Carrizo Oil & Gas, Inc. has a one year low of $11.10 and a one year high of $43.96. The firm’s market cap is $1.12 billion. The stock has a 50 day moving average price of $13.74 and a 200-day moving average price of $21.11.

Carrizo Oil & Gas (NASDAQ:CRZO) last released its quarterly earnings data on Tuesday, August 8th. The oil and gas producer reported $0.30 earnings per share 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 business had revenue of $166.50 million for the quarter, compared to analysts’ expectations of $163.22 million. During the same quarter in the previous year, the business posted $0.29 EPS. Carrizo Oil & Gas’s revenue for the quarter was up 55.2% on a year-over-year basis. Analysts predict that Carrizo Oil & Gas, Inc. will post $1.07 EPS for the current fiscal year.

About Carrizo Oil & Gas

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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