Prudential Financial Inc. Raises Stake in Carrizo Oil & Gas, Inc. (CRZO)

Postado Setembro 24, 2017

Ironwood Limited Com invested 0.13% in Carrizo Oil & Gas Inc (NASDAQ:CRZO). LLC now owns 2,659,107 shares of the oil and gas producer's stock valued at $46,322,000 after purchasing an additional 1,256,160 shares during the last quarter.

Insider Trading Activity for Carrizo Oil & Gas, Inc. Following the completion of the acquisition, the director now owns 2,724,410 shares of the company's stock, valued at approximately $36,398,117.60. Another trade for 2,696 shares valued at $77,202 was sold by MORTON GERALD A. 2,800 shares valued at $67,875 were sold by WOJTEK FRANK A on Tuesday, May 16.

A number of institutional investors have recently made changes to their positions in CRZO. It has underperformed by 50.75% the S&P500. On average, analysts predict that Carrizo Oil & Gas will post $1.09 earnings per share for the current year. It has underperformed by 29.40% the S&P500. We have $4.82 PT which if reached, will make NASDAQ:FLDM worth $4.39M less.

Since April 1, 2017, it had 0 buys, and 14 insider sales for $66.31 million activity. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions. $507,840 worth of stock was sold by Caswell Bruce on Monday, June 5. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0. The total number of shares traded in the last 90-day period is 301,900.

Several other analysts have also recently commented on the company. (NYSE:MMS) on Friday, December 4 with "Buy" rating. The stock has "Overweight" rating by Morgan Stanley on Wednesday, October 28. On Friday, August 7 the stock rating was downgraded by Piper Jaffray to "Neutral". The stock has "Outperform" rating by FBR Capital on Friday, February 12. A score above three means the company is not likely to go bankrupt, while score less than 1.8 suggests the firm is probably headed for bankruptcy. The total amount of shares outstanding is 83.33 million, giving the company a market capitalization of about 1.17 billion. The Firm operates in the development, manufacturing and commercialization of life science tools for the life science and Ag-Bio industries segment. It now has negative earnings. (NASDAQ:AAPL) to report earnings on October, 24. Next quarter's EPS is forecasted to be $0.33 and the next full year EPS is projected to be $1.55. Its down 0.09, from 1.3 in 2016Q3. The shares were purchased at an average price of $13.36 per share, for a total transaction of $396,792.00. 9 funds opened positions while 23 raised stakes. Advisory Ntwk Llc accumulated 70 shares. It was reported on Sep, 22 by Barchart.com. Exxonmobil Invest Mgmt Tx holds 3.6% or 1.00 million shares. Burt Wealth Advsr has invested 0% of its portfolio in FirstEnergy Corp. Teton Advsrs Incorporated holds 0.04% or 24,700 shares in its portfolio. Tortoise Capital Advisors Llc owns 365,293 shares or 0.04% of their U.S. portfolio. 100,000 were reported by Weiss Multi. Walter & Keenan Financial Consulting Commerce Mi Adv holds 41,205 shares. Ohio-based Keybank National Association Oh has invested 0% in Fluidigm Corporation (NASDAQ:FLDM). Tudor Corp Et Al stated it has 47,620 shares. (NYSE:FE). Los Angeles Cap Mngmt & Equity Inc, a California-based fund reported 2.25M shares.

Guinness Asset Management Ltd increased Illinois Tool Wks Inc (NYSE:ITW) stake by 12,400 shares to 68,230 valued at $8.36 million in 2016Q4.

Examining Institutional Ownership at Carrizo Oil & Gas, Inc. Newfield Expl Co (NYSE:NFX) was reduced too. The stock of Carrizo Oil & Gas Inc (NASDAQ:CRZO) has "Buy" rating given on Thursday, June 9 by Canaccord Genuity. The Nwq Investment Management Company Llc holds 3.26 million shares with $56.82M value, up from 2.62M last quarter. (NASDAQ:CRZO) is performing. Carrizo Oil & Gas, Inc. has had 7 insider trades in the last 3 months, including 7 open market buys and 0 sells.

Among 27 analysts covering Carrizo Oil & Gas Inc. It indicates oversold and overbought price levels for a stock. (Carrizo), launched on September 24, 1993, is an energy company. When there are more buyers than sellers, the stock price will rise because of the increased demand. Therefore 63% are positive. Zacks Investment Research cut Carrizo Oil & Gas from a hold rating to a sell rating in a report on Tuesday, July 18th. The stock spiked 3.92% last month and is up 8.67 this year. A 9 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE:NRG) or, if they already own its stock, sell it. This is not a recommendation to buy or sell Carrizo Oil & Gas, Inc. (NYSE:MMS) has "Neutral" rating given on Tuesday, November 15 by Sidoti.