Nationwide Fund Advisors maintained its position in shares of Carrizo Oil & Gas Inc. (NASDAQ:CRZO) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,568 shares of the company’s stock at the end of the third quarter. Nationwide Fund Advisors owned approximately 0.06% of Carrizo Oil & Gas worth $1,485,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CRZO. BNP Paribas Arbitrage SA increased its position in shares of Carrizo Oil & Gas by 111.6% in the second quarter. BNP Paribas Arbitrage SA now owns 17,158 shares of the company’s stock valued at $615,000 after buying an additional 9,051 shares during the period. Palisade Capital Management LLC NJ increased its position in shares of Carrizo Oil & Gas by 1.5% in the second quarter. Palisade Capital Management LLC NJ now owns 287,769 shares of the company’s stock valued at $10,317,000 after buying an additional 4,325 shares during the period. Bank of Montreal Can purchased a new position in shares of Carrizo Oil & Gas during the second quarter valued at approximately $14,514,000. Frontier Capital Management Co. LLC increased its position in shares of Carrizo Oil & Gas by 5.4% in the second quarter. Frontier Capital Management Co. LLC now owns 3,762,074 shares of the company’s stock valued at $134,870,000 after buying an additional 192,152 shares during the period. Finally, PineBridge Investments L.P. increased its position in shares of Carrizo Oil & Gas by 4.6% in the second quarter. PineBridge Investments L.P. now owns 6,932 shares of the company’s stock valued at $248,000 after buying an additional 303 shares during the period.

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

Shares of Carrizo Oil & Gas Inc. (NASDAQ:CRZO) traded down 5.36% during midday trading on Monday, reaching $36.22. 1,174,401 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $37.63 and a 200-day moving average price of $37.05. Carrizo Oil & Gas Inc. has a 52-week low of $16.10 and a 52-week high of $43.56. The stock’s market cap is $2.36 billion.

Carrizo Oil & Gas (NASDAQ:CRZO) last announced its quarterly earnings results on Thursday, November 3rd. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.06. The company had revenue of $111.20 million for the quarter, compared to analyst estimates of $127.99 million. Carrizo Oil & Gas had a negative net margin of 264.25% and a positive return on equity of 85.42%. The firm’s revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.20 EPS. Analysts forecast that Carrizo Oil & Gas Inc. will post $0.98 earnings per share for the current year.

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Several research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Carrizo Oil & Gas from a “buy” rating to a “hold” rating in a report on Wednesday, October 5th. Credit Suisse Group AG downgraded shares of Carrizo Oil & Gas from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $42.00 to $41.00 in a report on Thursday, October 13th. Canaccord Genuity set a $44.00 price objective on shares of Carrizo Oil & Gas and gave the stock a “buy” rating in a report on Monday, October 24th. Goldman Sachs Group Inc. downgraded shares of Carrizo Oil & Gas from a “buy” rating to a “neutral” rating and set a $45.00 price objective on the stock. in a report on Tuesday, October 18th. Finally, FBR & Co boosted their price objective on shares of Carrizo Oil & Gas from $49.00 to $50.00 and gave the stock an “outperform” rating in a report on Tuesday, September 6th. Seven equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Carrizo Oil & Gas presently has a consensus rating of “Buy” and an average target price of $41.00.

In related news, Director Roger A. Ramsey sold 1,000 shares of Carrizo Oil & Gas stock in a transaction that occurred on Tuesday, September 6th. The shares were sold at an average price of $39.86, for a total transaction of $39,860.00. Following the sale, the director now directly owns 33,450 shares in the company, valued at approximately $1,333,317. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO John Bradley Fisher sold 27,831 shares of Carrizo Oil & Gas stock in a transaction that occurred on Monday, September 26th. The stock was sold at an average price of $35.05, for a total transaction of $975,476.55. Following the sale, the chief operating officer now owns 179,403 shares in the company, valued at $6,288,075.15. The disclosure for this sale can be found here. Corporate insiders own 6.30% of the company’s stock.

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.

5 Day Chart for NASDAQ:CRZO

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