Carrizo Oil & Gas Inc (NASDAQ:CRZO) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 12,211,307 shares, a decrease of 18.0% from the January 12th total of 14,884,012 shares. Approximately 16.7% of the shares of the company are sold short. Based on an average daily volume of 3,050,071 shares, the days-to-cover ratio is currently 4.0 days.

Carrizo Oil & Gas (NASDAQ CRZO) opened at $18.68 on Tuesday. Carrizo Oil & Gas has a 1 year low of $11.10 and a 1 year high of $34.78. The company has a market cap of $1,520.00, a PE ratio of 12.05 and a beta of 2.08. The company has a debt-to-equity ratio of 4.38, a quick ratio of 0.32 and a current ratio of 0.32.

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

In other news, CEO S P. Iv Johnson sold 8,000 shares of the stock in a transaction dated 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 directly owns 223,194 shares of the company’s stock, valued at $4,144,712.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 24,000 shares of company stock worth $489,440 over the last three months. Insiders own 6.00% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the stock. NWQ Investment Management Company LLC increased its position in Carrizo Oil & Gas by 122.6% during the third quarter. NWQ Investment Management Company LLC now owns 7,261,441 shares of the oil and gas producer’s stock worth $124,388,000 after acquiring an additional 3,999,717 shares during the period. Frontier Capital Management Co. LLC increased its position in Carrizo Oil & Gas by 12.5% during the fourth quarter. Frontier Capital Management Co. LLC now owns 7,040,815 shares of the oil and gas producer’s stock worth $149,829,000 after acquiring an additional 784,124 shares during the period. Vanguard Group Inc. increased its position in Carrizo Oil & Gas by 6.7% during the second quarter. Vanguard Group Inc. now owns 6,427,895 shares of the oil and gas producer’s stock worth $111,975,000 after acquiring an additional 405,188 shares during the period. Kimmeridge Energy Management Company LLC increased its holdings 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 buying an additional 3,658,500 shares during the period. Finally, State Street Corp increased its holdings in Carrizo Oil & Gas by 28.7% in the 2nd quarter. State Street Corp now owns 3,815,021 shares of the oil and gas producer’s stock valued at $66,454,000 after buying an additional 850,815 shares during the period.

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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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