SG Americas Securities LLC Has $754,000 Holdings in Carrizo Oil & Gas Inc (CRZO)

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SG Americas Securities LLC raised its position in shares of Carrizo Oil & Gas Inc (NASDAQ:CRZO) by 125.4% during the 1st quarter, HoldingsChannel reports. The firm owned 60,462 shares of the oil and gas producer’s stock after purchasing an additional 33,636 shares during the period. SG Americas Securities LLC’s holdings in Carrizo Oil & Gas were worth $754,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Bank of New York Mellon Corp raised its position in Carrizo Oil & Gas by 6.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,095,869 shares of the oil and gas producer’s stock worth $27,616,000 after purchasing an additional 63,908 shares during the last quarter. AQR Capital Management LLC bought a new position in Carrizo Oil & Gas in the 3rd quarter worth approximately $504,000. Teachers Advisors LLC raised its position in Carrizo Oil & Gas by 10.1% in the 3rd quarter. Teachers Advisors LLC now owns 167,971 shares of the oil and gas producer’s stock worth $4,233,000 after purchasing an additional 15,408 shares during the last quarter. TIAA CREF Investment Management LLC raised its position in shares of Carrizo Oil & Gas by 67.8% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 275,565 shares of the oil and gas producer’s stock valued at $6,944,000 after acquiring an additional 111,379 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its position in shares of Carrizo Oil & Gas by 3.4% during the 4th quarter. State of Alaska Department of Revenue now owns 28,506 shares of the oil and gas producer’s stock valued at $321,000 after acquiring an additional 947 shares during the last quarter.

In other news, insider S P. Iv Johnson sold 8,000 shares of the business’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $11.47, for a total value of $91,760.00. Following the completion of the transaction, the insider now owns 123,076 shares of the company’s stock, valued at approximately $1,411,681.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO David L. Pitts sold 22,109 shares of the business’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $12.11, for a total transaction of $267,739.99. Following the completion of the transaction, the chief financial officer now directly owns 130,018 shares of the company’s stock, valued at approximately $1,574,517.98. The disclosure for this sale can be found here. Insiders sold a total of 130,523 shares of company stock valued at $1,583,594 in the last three months. 4.80% of the stock is owned by company insiders.

Several analysts have commented on CRZO shares. Raymond James set a $21.00 target price on shares of Carrizo Oil & Gas and gave the company a “buy” rating in a research report on Wednesday, January 23rd. Williams Capital reiterated a “buy” rating and set a $19.00 target price on shares of Carrizo Oil & Gas in a research report on Wednesday, January 23rd. Northland Securities reiterated a “buy” rating and set a $25.00 target price on shares of Carrizo Oil & Gas in a research report on Tuesday, February 26th. MKM Partners dropped their target price on shares of Carrizo Oil & Gas to $18.00 and set a “buy” rating for the company in a research report on Wednesday, February 27th. Finally, Zacks Investment Research upgraded shares of Carrizo Oil & Gas from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research report on Thursday, April 25th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company. Carrizo Oil & Gas has a consensus rating of “Hold” and an average target price of $23.53.

Shares of CRZO stock opened at $12.92 on Friday. Carrizo Oil & Gas Inc has a 12-month low of $9.67 and a 12-month high of $31.57. The firm has a market capitalization of $1.20 billion, a PE ratio of 4.65, a PEG ratio of 0.16 and a beta of 2.27. The company has a debt-to-equity ratio of 1.55, a current ratio of 0.26 and a quick ratio of 0.26.

Carrizo Oil & Gas (NASDAQ:CRZO) last announced its quarterly earnings results on Tuesday, May 7th. The oil and gas producer reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.07. Carrizo Oil & Gas had a net margin of 49.20% and a return on equity of 32.14%. The company had revenue of $233.04 million during the quarter, compared to analyst estimates of $228.41 million. During the same quarter in the previous year, the business earned $0.48 EPS. The firm’s revenue was up 3.4% on a year-over-year basis. Equities analysts expect that Carrizo Oil & Gas Inc will post 2.93 EPS for the current fiscal year.

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Carrizo Oil & Gas Profile

Carrizo Oil & Gas, Inc, an energy company, explores for, develops, and produces crude oil, natural gas liquids, and gas from resource plays primarily in the United States. The company holds interests in oil and gas plays, including the Eagle Ford Shale in South Texas; and the Permian Basin in West Texas.

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

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