Tortoise Capital Advisors L.L.C. lessened its holdings in Carrizo Oil & Gas Inc (NASDAQ:CRZO) by 18.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 296,480 shares of the oil and gas producer’s stock after selling 68,813 shares during the period. Tortoise Capital Advisors L.L.C. owned about 0.36% of Carrizo Oil & Gas worth $5,079,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. BlackRock Inc. boosted its position in shares of Carrizo Oil & Gas by 11.4% in the second quarter. BlackRock Inc. now owns 9,534,149 shares of the oil and gas producer’s stock worth $166,088,000 after buying an additional 978,942 shares during the period. NWQ Investment Management Company LLC boosted its position in shares of Carrizo Oil & Gas by 122.6% in the third quarter. NWQ Investment Management Company LLC now owns 7,261,441 shares of the oil and gas producer’s stock worth $124,388,000 after buying an additional 3,999,717 shares during the period. Vanguard Group Inc. boosted its position in Carrizo Oil & Gas by 6.7% during the second quarter. Vanguard Group Inc. now owns 6,427,895 shares of the oil and gas producer’s stock valued at $111,975,000 after purchasing an additional 405,188 shares during the last quarter. Frontier Capital Management Co. LLC boosted its position in Carrizo Oil & Gas by 27.6% during the third quarter. Frontier Capital Management Co. LLC now owns 6,256,691 shares of the oil and gas producer’s stock valued at $107,177,000 after purchasing an additional 1,351,602 shares during the last quarter. Finally, State Street Corp boosted its position in Carrizo Oil & Gas by 28.7% during the second quarter. State Street Corp now owns 3,815,021 shares of the oil and gas producer’s stock valued at $66,454,000 after purchasing an additional 850,815 shares during the last quarter.

In other Carrizo Oil & Gas news, insider S P. Iv Johnson sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $18.69, for a total transaction of $149,520.00. Following the transaction, the insider now directly owns 231,194 shares in the company, valued at $4,321,015.86. The transaction was disclosed in a filing with the SEC, which is available through this link. 6.00% of the stock is owned by company insiders.

Carrizo Oil & Gas Inc (NASDAQ:CRZO) opened at $18.91 on Friday. Carrizo Oil & Gas Inc has a 1-year low of $11.10 and a 1-year high of $40.14. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 4.38. The firm has a market capitalization of $1,676.34, a PE ratio of 16.46 and a beta of 2.18.

Carrizo Oil & Gas (NASDAQ:CRZO) last posted its earnings results on Tuesday, November 7th. The oil and gas producer reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.09. Carrizo Oil & Gas had a return on equity of 58.37% and a net margin of 16.08%. The company had revenue of $181.28 million for the quarter, compared to analyst estimates of $177.97 million. During the same period last year, the company earned $0.23 earnings per share. The business’s revenue was up 63.1% compared to the same quarter last year. equities research analysts anticipate that Carrizo Oil & Gas Inc will post 1.32 EPS for the current year.

CRZO has been the subject of a number of research reports. SunTrust Banks set a $20.00 price objective on Carrizo Oil & Gas and gave the company a “buy” rating in a research report on Monday, October 16th. BMO Capital Markets set a $20.00 price objective on Carrizo Oil & Gas and gave the company a “buy” rating in a research report on Tuesday, October 10th. Williams Capital reissued a “buy” rating and set a $26.00 price objective on shares of Carrizo Oil & Gas in a research report on Monday, October 9th. Zacks Investment Research raised Carrizo Oil & Gas from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research report on Monday, October 9th. Finally, Royal Bank of Canada reissued a “buy” rating and set a $23.00 price objective on shares of Carrizo Oil & Gas in a research report on Friday, September 15th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $27.44.

COPYRIGHT VIOLATION NOTICE: This report was published by Daily Political and is the sole property of of Daily Political. If you are reading this report on another domain, it was copied illegally and republished in violation of U.S. and international copyright legislation. The legal version of this report can be read at https://www.dailypolitical.com/2017/12/15/carrizo-oil-gas-inc-crzo-stake-lowered-by-tortoise-capital-advisors-l-l-c.html.

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.

Want to see what other hedge funds are holding CRZO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Carrizo Oil & Gas Inc (NASDAQ:CRZO).

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

Receive News & Ratings for Carrizo Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carrizo Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.