Carrizo Oil & Gas Inc (CRZO) Shares Bought by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC boosted its position in Carrizo Oil & Gas Inc (NASDAQ:CRZO) by 14.5% in the 4th quarter, HoldingsChannel reports. The firm owned 529,764 shares of the oil and gas producer’s stock after buying an additional 67,013 shares during the period. Stephens Investment Management Group LLC’s holdings in Carrizo Oil & Gas were worth $11,273,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CRZO. NWQ Investment Management Company LLC increased its stake in Carrizo Oil & Gas by 122.6% in the 3rd quarter. NWQ Investment Management Company LLC now owns 7,261,441 shares of the oil and gas producer’s stock valued at $124,388,000 after purchasing an additional 3,999,717 shares in the last quarter. Kimmeridge Energy Management Company LLC increased its stake in Carrizo Oil & Gas by 1,102.0% in the 4th quarter. Kimmeridge Energy Management Company LLC now owns 3,990,500 shares of the oil and gas producer’s stock valued at $84,918,000 after purchasing an additional 3,658,500 shares in the last quarter. Frontier Capital Management Co. LLC grew its holdings in Carrizo Oil & Gas by 27.6% during the 3rd 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 buying an additional 1,351,602 shares during the last quarter. Lord Abbett & CO. LLC grew its holdings in Carrizo Oil & Gas by 89.5% during the 2nd quarter. Lord Abbett & CO. LLC now owns 2,659,107 shares of the oil and gas producer’s stock valued at $46,322,000 after buying an additional 1,256,160 shares during the last quarter. Finally, BlackRock Inc. grew its holdings in Carrizo Oil & Gas by 11.4% during the 2nd quarter. BlackRock Inc. now owns 9,534,149 shares of the oil and gas producer’s stock valued at $166,088,000 after buying an additional 978,942 shares during the last quarter.

In other news, CEO S P. Iv Johnson sold 8,000 shares of the firm’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $18.57, for a total transaction of $148,560.00. Following the sale, the chief executive officer now owns 223,194 shares in the company, valued at $4,144,712.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 24,000 shares of company stock worth $489,440 in the last 90 days. Insiders own 6.00% of the company’s stock.

Shares of Carrizo Oil & Gas Inc (NASDAQ CRZO) opened at $17.71 on Friday. Carrizo Oil & Gas Inc has a fifty-two week low of $11.10 and a fifty-two week high of $34.78. 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 stock has a market capitalization of $1,487.36, a price-to-earnings ratio of 11.65 and a beta of 2.08.

CRZO has been the topic of a number of analyst reports. SunTrust Banks set a $20.00 target price on Carrizo Oil & Gas and gave the company a “buy” rating in a report on Monday, October 16th. Goldman Sachs Group reiterated a “neutral” rating and set a $14.50 target price on shares of Carrizo Oil & Gas in a report on Wednesday, October 18th. KeyCorp reiterated a “buy” rating on shares of Carrizo Oil & Gas in a report on Friday, October 20th. Williams Capital reiterated a “buy” rating and set a $26.00 target price on shares of Carrizo Oil & Gas in a report on Wednesday, November 8th. Finally, Scotiabank reiterated a “buy” rating and set a $33.00 target price on shares of Carrizo Oil & Gas in a report on Wednesday, November 8th. Nine analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $30.60.

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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.

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

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