Schwab Charles Investment Management Inc. boosted its position in shares of Carrizo Oil & Gas Inc (NASDAQ:CRZO) by 6.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 410,167 shares of the oil and gas producer’s stock after buying an additional 25,078 shares during the quarter. Schwab Charles Investment Management Inc. owned approximately 0.50% of Carrizo Oil & Gas worth $11,424,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Cypress Capital Management LLC WY bought a new stake in shares of Carrizo Oil & Gas during the 2nd quarter valued at $1,192,000. Russell Investments Group Ltd. increased its holdings in Carrizo Oil & Gas by 24.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 273,838 shares of the oil and gas producer’s stock worth $7,629,000 after purchasing an additional 53,163 shares in the last quarter. LSV Asset Management increased its holdings in Carrizo Oil & Gas by 18.8% during the 2nd quarter. LSV Asset Management now owns 4,082,450 shares of the oil and gas producer’s stock worth $113,696,000 after purchasing an additional 645,350 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Carrizo Oil & Gas by 5.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,031,961 shares of the oil and gas producer’s stock worth $28,740,000 after purchasing an additional 51,252 shares in the last quarter. Finally, Rhumbline Advisers increased its holdings in Carrizo Oil & Gas by 4.4% during the 2nd quarter. Rhumbline Advisers now owns 186,621 shares of the oil and gas producer’s stock worth $5,197,000 after purchasing an additional 7,801 shares in the last quarter.

In other Carrizo Oil & Gas news, insider S P. Iv Johnson sold 8,000 shares of Carrizo Oil & Gas stock in a transaction on Monday, July 16th. The shares were sold at an average price of $27.43, for a total value of $219,440.00. Following the completion of the sale, the insider now directly owns 187,076 shares of the company’s stock, valued at $5,131,494.68. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO John Bradley Fisher sold 7,500 shares of Carrizo Oil & Gas stock in a transaction on Thursday, October 4th. The shares were sold at an average price of $25.01, for a total transaction of $187,575.00. Following the completion of the sale, the chief operating officer now directly owns 157,436 shares of the company’s stock, valued at $3,937,474.36. The disclosure for this sale can be found here. In the last 90 days, insiders sold 31,500 shares of company stock worth $777,975. 5.40% of the stock is owned by company insiders.

A number of equities analysts have issued reports on the company. Oppenheimer initiated coverage on Carrizo Oil & Gas in a report on Wednesday, October 3rd. They set a “market perform” rating for the company. BidaskClub downgraded shares of Carrizo Oil & Gas from a “buy” rating to a “hold” rating in a research note on Wednesday, October 3rd. ValuEngine downgraded shares of Carrizo Oil & Gas from a “hold” rating to a “sell” rating in a research note on Tuesday, October 2nd. Raymond James raised their target price on shares of Carrizo Oil & Gas from $43.00 to $44.00 and gave the company a “strong-buy” rating in a research note on Thursday, September 6th. Finally, KLR Group reiterated a “buy” rating and issued a $35.00 target price on shares of Carrizo Oil & Gas in a research note on Monday, August 20th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. Carrizo Oil & Gas presently has a consensus rating of “Buy” and a consensus target price of $29.58.

Carrizo Oil & Gas stock traded up $0.34 during mid-day trading on Friday, reaching $22.08. The company had a trading volume of 1,404,673 shares, compared to its average volume of 2,939,034. The firm has a market capitalization of $2.07 billion, a P/E ratio of 15.44 and a beta of 2.18. The company has a debt-to-equity ratio of 3.52, a current ratio of 0.26 and a quick ratio of 0.26. Carrizo Oil & Gas Inc has a fifty-two week low of $13.49 and a fifty-two week high of $31.57.

Carrizo Oil & Gas (NASDAQ:CRZO) last issued its quarterly earnings results on Monday, August 6th. The oil and gas producer reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.12. The company had revenue of $264.00 million for the quarter, compared to analyst estimates of $230.08 million. Carrizo Oil & Gas had a net margin of 5.84% and a return on equity of 52.59%. Carrizo Oil & Gas’s revenue was up 58.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.30 earnings per share. On average, analysts expect that Carrizo Oil & Gas Inc will post 3 earnings per share for the current year.

About Carrizo Oil & Gas

Carrizo Oil & Gas, Inc, together with its subsidiaries, engages in the exploration, development, and production of 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 Eagle Ford Shale in South Texas; and the Delaware Basin in West Texas.

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

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