Carrizo Oil & Gas Inc (NASDAQ:CRZO) Stake Raised by Janus Henderson Group PLC

Janus Henderson Group PLC grew its stake in shares of Carrizo Oil & Gas Inc (NASDAQ:CRZO) by 125.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 338,109 shares of the oil and gas producer’s stock after buying an additional 188,109 shares during the period. Janus Henderson Group PLC owned 0.42% of Carrizo Oil & Gas worth $5,792,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SG Americas Securities LLC grew its stake in shares of Carrizo Oil & Gas by 6.4% during the 2nd quarter. SG Americas Securities LLC now owns 79,499 shares of the oil and gas producer’s stock valued at $1,385,000 after buying an additional 4,785 shares during the period. American Century Companies Inc. purchased a new stake in shares of Carrizo Oil & Gas during the 2nd quarter valued at $4,147,000. Pacad Investment Ltd. purchased a new stake in shares of Carrizo Oil & Gas during the 2nd quarter valued at $1,246,000. Penn Capital Management Co. Inc. purchased a new stake in shares of Carrizo Oil & Gas during the 2nd quarter valued at $392,000. Finally, California Public Employees Retirement System grew its stake in shares of Carrizo Oil & Gas by 2.2% during the 2nd quarter. California Public Employees Retirement System now owns 181,100 shares of the oil and gas producer’s stock valued at $3,155,000 after buying an additional 3,900 shares during the period. 99.96% of the stock is owned by institutional investors.

In other Carrizo Oil & Gas news, CEO S P. Iv Johnson sold 8,000 shares of the business’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $18.57, for a total value of $148,560.00. Following the transaction, the chief executive officer now owns 223,194 shares in the company, valued at approximately $4,144,712.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 6.00% of the company’s stock.

Shares of Carrizo Oil & Gas Inc (CRZO) opened at $24.57 on Friday. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 4.38. Carrizo Oil & Gas Inc has a 12-month low of $11.10 and a 12-month high of $37.47. The firm has a market cap of $2,000.00, a price-to-earnings ratio of 15.85 and a beta of 2.18.

Carrizo Oil & Gas (NASDAQ:CRZO) last announced its quarterly earnings results on Tuesday, November 7th. The oil and gas producer reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.09. Carrizo Oil & Gas had a net margin of 16.08% and a return on equity of 58.37%. The firm had revenue of $181.28 million during the quarter, compared to analysts’ expectations of $177.97 million. During the same period in the prior year, the company earned $0.23 EPS. The firm’s revenue was up 63.1% on a year-over-year basis. analysts anticipate that Carrizo Oil & Gas Inc will post 1.4 earnings per share for the current year.

CRZO has been the subject of several research reports. Royal Bank of Canada reissued a “buy” rating and set a $23.00 price objective on shares of Carrizo Oil & Gas in a research note on Friday, September 15th. Citigroup initiated coverage on shares of Carrizo Oil & Gas in a research note on Monday, September 18th. They set a “neutral” rating and a $16.00 price objective for the company. Piper Jaffray Companies lowered their price objective on shares of Carrizo Oil & Gas from $43.00 to $24.00 and set a “neutral” rating for the company in a research note on Monday, September 18th. Williams Capital reissued a “buy” rating and set a $26.00 price objective on shares of Carrizo Oil & Gas in a research note on Monday, October 9th. Finally, Jefferies Group cut shares of Carrizo Oil & Gas from a “buy” rating to a “hold” rating and decreased their price target for the stock from $25.00 to $16.00 in a research report on Monday, October 9th. Eight equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $29.50.

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Carrizo Oil & Gas 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.

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

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