Thrivent Financial For Lutherans Has $765,000 Stake in Carrizo Oil & Gas, Inc. (CRZO)

Thrivent Financial For Lutherans grew its position in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) by 24.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,910 shares of the oil and gas producer’s stock after acquiring an additional 8,610 shares during the period. Thrivent Financial For Lutherans owned about 0.07% of Carrizo Oil & Gas worth $765,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Municipal Employees Retirement System of Michigan boosted its holdings in shares of Carrizo Oil & Gas by 1.0% in the first quarter. Municipal Employees Retirement System of Michigan now owns 13,990 shares of the oil and gas producer’s stock valued at $401,000 after acquiring an additional 140 shares in the last quarter. Blair William & Co. IL lifted its stake in shares of Carrizo Oil & Gas by 2.2% in the first quarter. Blair William & Co. IL now owns 8,390 shares of the oil and gas producer’s stock valued at $242,000 after purchasing an additional 181 shares during the period. Arizona State Retirement System lifted its stake in shares of Carrizo Oil & Gas by 1.0% in the first quarter. Arizona State Retirement System now owns 31,849 shares of the oil and gas producer’s stock valued at $913,000 after purchasing an additional 300 shares during the period. Texas Permanent School Fund lifted its stake in shares of Carrizo Oil & Gas by 1.9% in the second quarter. Texas Permanent School Fund now owns 45,163 shares of the oil and gas producer’s stock valued at $787,000 after purchasing an additional 838 shares during the period. Finally, Mason Street Advisors LLC lifted its stake in shares of Carrizo Oil & Gas by 7.0% in the first quarter. Mason Street Advisors LLC now owns 14,316 shares of the oil and gas producer’s stock valued at $410,000 after purchasing an additional 938 shares during the period.

In other news, Director Steven A. Webster acquired 151,900 shares of Carrizo Oil & Gas stock in a transaction on Wednesday, August 16th. The stock was bought at an average cost of $13.56 per share, with a total value of $2,059,764.00. Following the completion of the purchase, the director now owns 2,724,410 shares of the company’s stock, valued at $36,942,999.60. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Steven A. Webster acquired 75,000 shares of Carrizo Oil & Gas stock in a transaction on Monday, August 14th. The shares were purchased at an average cost of $13.89 per share, with a total value of $1,041,750.00. Following the completion of the purchase, the director now directly owns 2,724,410 shares of the company’s stock, valued at approximately $37,842,054.90. The disclosure for this purchase can be found here. Insiders have acquired 431,600 shares of company stock valued at $5,602,306 over the last ninety days. Insiders own 6.00% of the company’s stock.

CRZO has been the subject of several recent analyst reports. Mizuho reiterated a “buy” rating and issued a $32.00 price objective on shares of Carrizo Oil & Gas in a research note on Friday, June 30th. BMO Capital Markets set a $20.00 price objective on shares of Carrizo Oil & Gas and gave the company a “buy” rating in a research note on Monday, June 26th. Williams Capital set a $35.00 price objective on shares of Carrizo Oil & Gas and gave the company a “buy” rating in a research note on Tuesday, August 8th. Jefferies Group LLC reiterated a “buy” rating and issued a $25.00 price objective (down previously from $64.00) on shares of Carrizo Oil & Gas in a research note on Tuesday, August 29th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $23.00 price objective on shares of Carrizo Oil & Gas in a research note on Friday, September 15th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $33.74.

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Carrizo Oil & Gas, Inc. (NASDAQ CRZO) opened at 16.44 on Wednesday. The firm’s 50-day moving average is $14.52 and its 200-day moving average is $19.15. Carrizo Oil & Gas, Inc. has a 12 month low of $11.10 and a 12 month high of $43.96. The firm’s market cap is $1.34 billion.

Carrizo Oil & Gas (NASDAQ:CRZO) last posted its quarterly earnings data on Tuesday, August 8th. The oil and gas producer reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.05. Carrizo Oil & Gas had a negative net margin of 0.98% and a positive return on equity of 1,494.45%. The company had revenue of $166.50 million during the quarter, compared to analyst estimates of $163.22 million. During the same period in the prior year, the firm earned $0.29 earnings per share. The business’s quarterly revenue was up 55.2% on a year-over-year basis. Equities analysts expect that Carrizo Oil & Gas, Inc. will post $1.09 earnings per share for the current year.

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.

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

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