$0.51 EPS Expected for Carrizo Oil & Gas, Inc. (CRZO); Earnest Partners Has Trimmed Corning (GLW) Holding

February 16, 2018 - By Michael Collier

Earnest Partners Llc decreased Corning Inc (GLW) stake by 9.66% reported in 2017Q3 SEC filing. Earnest Partners Llc sold 23,656 shares as Corning Inc (GLW)’s stock rose 5.06%. The Earnest Partners Llc holds 221,330 shares with $6.62 million value, down from 244,986 last quarter. Corning Inc now has $25.35B valuation. The stock increased 0.07% or $0.02 during the last trading session, reaching $29.54. About 7.26M shares traded or 14.21% up from the average. Corning Incorporated (NYSE:GLW) has risen 53.38% since February 16, 2017 and is uptrending. It has outperformed by 36.68% the S&P500.

Analysts expect Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) to report $0.51 EPS on February, 22.They anticipate $0.07 EPS change or 15.91% from last quarter’s $0.44 EPS. CRZO’s profit would be $41.54M giving it 9.11 P/E if the $0.51 EPS is correct. After having $0.33 EPS previously, Carrizo Oil & Gas, Inc.’s analysts see 54.55% EPS growth. The stock decreased 2.16% or $0.41 during the last trading session, reaching $18.59. About 4.12M shares traded or 43.37% up from the average. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) has declined 34.05% since February 16, 2017 and is downtrending. It has underperformed by 50.75% the S&P500.

Since August 24, 2017, it had 0 insider purchases, and 7 insider sales for $12.68 million activity. RIEMAN DEBORAH sold $66,979 worth of stock or 2,083 shares. Shares for $942,619 were sold by Pambianchi Christine M. Shares for $1.38M were sold by McRae Lawrence D. WEEKS WENDELL P sold $7.81 million worth of stock or 248,857 shares. $945,178 worth of stock was sold by Musser Eric S on Wednesday, October 25. $205,778 worth of Corning Incorporated (NYSE:GLW) was sold by TOOKES HANSEL E II on Wednesday, October 25. $1.33M worth of Corning Incorporated (NYSE:GLW) was sold by Kinlin Clark S.

Earnest Partners Llc increased Core Labs Nv (NYSE:CLB) stake by 115,982 shares to 1.95 million valued at $192.64M in 2017Q3. It also upped Amer Equity Invt (NYSE:AEL) stake by 47,642 shares and now owns 2.71M shares. Catalent Inc (NYSE:CTLT) was raised too.

Investors sentiment decreased to 0.75 in Q3 2017. Its down 0.17, from 0.92 in 2017Q2. It dropped, as 64 investors sold GLW shares while 339 reduced holdings. 66 funds opened positions while 235 raised stakes. 610.60 million shares or 2.66% less from 627.26 million shares in 2017Q2 were reported. Dekabank Deutsche Girozentrale holds 576,354 shares or 0.13% of its portfolio. Plante Moran Fin Advsrs Limited Liability Com has invested 0.07% in Corning Incorporated (NYSE:GLW). Community National Bank & Trust Na has 0.03% invested in Corning Incorporated (NYSE:GLW) for 7,716 shares. Reilly Financial Advsrs Limited Liability owns 3,465 shares for 0.02% of their portfolio. State Of Wisconsin Investment Board holds 939,969 shares or 0.08% of its portfolio. The Massachusetts-based Ngam Advisors LP has invested 0.01% in Corning Incorporated (NYSE:GLW). Lucas Capital Management holds 0.47% or 17,500 shares in its portfolio. Cookson Peirce And holds 1.73% of its portfolio in Corning Incorporated (NYSE:GLW) for 558,900 shares. Hall Laurie J Trustee holds 0.04% or 2,030 shares in its portfolio. Cibc Savings Bank Usa reported 0.04% stake. Dnb Asset Management As invested in 104,795 shares or 0.04% of the stock. Sol Mgmt reported 0.08% stake. Sigma Planning has 13,207 shares. Oxbow Advisors Limited Co has 0.75% invested in Corning Incorporated (NYSE:GLW) for 131,880 shares. Dumont Blake Investment Advisors Ltd Company accumulated 39,492 shares.

Among 18 analysts covering Corning Incorporated (NYSE:GLW), 5 have Buy rating, 2 Sell and 11 Hold. Therefore 28% are positive. Corning Incorporated had 45 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Buy” rating by Deutsche Bank on Tuesday, September 15. The stock of Corning Incorporated (NYSE:GLW) has “Buy” rating given on Monday, July 17 by Guggenheim. RBC Capital Markets maintained it with “Outperform” rating and $21 target in Friday, September 25 report. The firm has “Neutral” rating by Citigroup given on Thursday, January 25. The stock of Corning Incorporated (NYSE:GLW) earned “Buy” rating by Goldman Sachs on Wednesday, November 2. The stock has “Neutral” rating by Sterne Agee CRT on Tuesday, September 29. JP Morgan downgraded Corning Incorporated (NYSE:GLW) on Thursday, December 17 to “Neutral” rating. Guggenheim maintained Corning Incorporated (NYSE:GLW) on Tuesday, October 24 with “Buy” rating. On Friday, August 26 the stock rating was maintained by Citigroup with “Buy”. Bernstein downgraded the shares of GLW in report on Wednesday, February 1 to “Mkt Perform” rating.

Carrizo Oil & Gas, Inc., together with its subsidiaries, engages in the exploration, development, and production of gas and oil primarily in the United States. The company has market cap of $1.51 billion. The firm holds interests in gas and oil plays, including Eagle Ford Shale in South Texas; the Delaware Basin in West Texas; the Niobrara Formation in Colorado; the Utica Shale in Ohio; and the Marcellus Shale in Pennsylvania. It has a 12.77 P/E ratio. As of December 31, 2015, it had proved gas and oil reserves of 200.2 million barrels of oil equivalent; and operated 667 gross productive gas and oil wells.

Among 29 analysts covering Carrizo Oil & Gas Inc. (NASDAQ:CRZO), 18 have Buy rating, 0 Sell and 11 Hold. Therefore 62% are positive. Carrizo Oil & Gas Inc. had 111 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, July 22 by Credit Suisse. The firm has “Outperform” rating by Iberia Capital Partners given on Wednesday, December 16. The stock of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) earned “Strong Buy” rating by Raymond James on Tuesday, December 6. The company was downgraded on Thursday, July 20 by JP Morgan. The rating was upgraded by Seaport Global on Tuesday, December 19 to “Buy”. Mizuho maintained Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) rating on Tuesday, January 16. Mizuho has “Hold” rating and $27.0 target. The stock of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) earned “Buy” rating by Canaccord Genuity on Thursday, June 9. BMO Capital Markets maintained Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) rating on Monday, June 26. BMO Capital Markets has “Buy” rating and $2000 target. As per Sunday, January 21, the company rating was maintained by KeyBanc Capital Markets. The firm earned “Buy” rating on Monday, October 19 by SunTrust.

Investors sentiment decreased to 1.49 in 2017 Q3. Its down 0.23, from 1.72 in 2017Q2. It turned negative, as 50 investors sold Carrizo Oil & Gas, Inc. shares while 37 reduced holdings. 34 funds opened positions while 96 raised stakes. 85.22 million shares or 8.23% more from 78.74 million shares in 2017Q2 were reported. Royal Bancorporation Of Canada has 1.96M shares for 0.02% of their portfolio. Guggenheim Capital Ltd Liability Corp holds 101,398 shares. Strs Ohio holds 0.01% or 150,000 shares. Diamond Hill Capital Mgmt Inc invested 0.01% of its portfolio in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO). Deutsche Financial Bank Ag holds 294,967 shares or 0% of its portfolio. Howe And Rusling holds 0% of its portfolio in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) for 56 shares. Ubs Asset Management Americas Inc accumulated 78,205 shares. Peak6 Invs L P has invested 0% in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO). Clearbridge Invests Limited Liability Co has 181,223 shares for 0% of their portfolio. Regions has 32,483 shares for 0.01% of their portfolio. First Interstate State Bank accumulated 21,580 shares. State Street owns 4.88 million shares. Hbk Invs Limited Partnership, a Texas-based fund reported 198,811 shares. Hartwell J M Ltd Partnership stated it has 19,000 shares or 0.06% of all its holdings. Stephens Investment Mgmt Grp Llc owns 462,751 shares.

Since August 14, 2017, it had 2 insider purchases, and 2 sales for $1.45 million activity. Shares for $191,337 were sold by JOHNSON S P IV. WEBSTER STEVEN A had bought 151,900 shares worth $2.06 million.

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By1 Michael Collier

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