Carrizo Oil & Gas (CRZO) Shareholder Geosphere Capital Management Has Cut Its Holding by $345,366; As Geo Group New (GEO) Stock Value Declined, Holder Greenwich Investment Management Lowered by $902,681 Its Position

May 20, 2018 - By David Stenberg

The GEO Group, Inc. (NYSE:GEO) Logo

Greenwich Investment Management Inc decreased its stake in Geo Group Inc New (GEO) by 53.04% based on its latest 2017Q4 regulatory filing with the SEC. Greenwich Investment Management Inc sold 39,247 shares as the company’s stock declined 15.61% with the market. The institutional investor held 34,746 shares of the real estate investment trusts company at the end of 2017Q4, valued at $820,000, down from 73,993 at the end of the previous reported quarter. Greenwich Investment Management Inc who had been investing in Geo Group Inc New for a number of months, seems to be less bullish one the $2.91B market cap company. The stock increased 1.53% or $0.36 during the last trading session, reaching $23.86. About 764,213 shares traded. The GEO Group, Inc. (NYSE:GEO) has declined 34.79% since May 20, 2017 and is downtrending. It has underperformed by 46.34% the S&P500.

Arvind Sanger decreased its stake in Carrizo Oil & Gas Inc (CRZO) by 11.63% based on its latest 2017Q4 regulatory filing with the SEC. Geosphere Capital Management sold 16,446 shares as the company’s stock declined 27.88% with the market. The hedge fund run by Arvind Sanger held 125,000 shares of the energy company at the end of 2017Q4, valued at $2.66 million, down from 141,446 at the end of the previous reported quarter. Geosphere Capital Management who had been investing in Carrizo Oil & Gas Inc for a number of months, seems to be less bullish one the $2.20B market cap company. The stock decreased 1.79% or $0.49 during the last trading session, reaching $26.84. About 2.68M shares traded. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) has declined 43.10% since May 20, 2017 and is downtrending. It has underperformed by 54.65% the S&P500.

More news for The GEO Group, Inc. (NYSE:GEO) were recently published by: Seekingalpha.com, which released: “The GEO’s (GEO) CEO George Zoley on Q1 2018 Results – Earnings Call Transcript” on April 26, 2018. Businesswire.com‘s article titled: “The GEO Group Reports First Quarter 2018 Results” and published on April 26, 2018 is yet another important article.

Among 5 analysts covering The GEO Group (NYSE:GEO), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. The GEO Group had 14 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of The GEO Group, Inc. (NYSE:GEO) earned “Buy” rating by Canaccord Genuity on Friday, November 11. The firm has “Buy” rating given on Thursday, August 10 by Canaccord Genuity. Canaccord Genuity maintained The GEO Group, Inc. (NYSE:GEO) on Tuesday, April 11 with “Buy” rating. The stock of The GEO Group, Inc. (NYSE:GEO) has “Buy” rating given on Thursday, September 1 by Suntrust Robinson. As per Friday, July 14, the company rating was initiated by J.P. Morgan. As per Monday, December 12, the company rating was maintained by Canaccord Genuity. The stock of The GEO Group, Inc. (NYSE:GEO) has “Buy” rating given on Wednesday, August 24 by Canaccord Genuity. Canaccord Genuity maintained the stock with “Buy” rating in Monday, August 7 report. The firm has “Buy” rating by SunTrust given on Wednesday, October 18. The firm has “Buy” rating given on Wednesday, January 31 by SunTrust.

Greenwich Investment Management Inc, which manages about $387.59 million and $69.76 million US Long portfolio, upped its stake in Triangle Cap Corp (NYSE:TCAP) by 145,116 shares to 271,484 shares, valued at $2.58M in 2017Q4, according to the filing.

Analysts await The GEO Group, Inc. (NYSE:GEO) to report earnings on August, 6. They expect $0.48 earnings per share, down 21.31% or $0.13 from last year’s $0.61 per share. GEO’s profit will be $58.56 million for 12.43 P/E if the $0.48 EPS becomes a reality. After $0.57 actual earnings per share reported by The GEO Group, Inc. for the previous quarter, Wall Street now forecasts -15.79% negative EPS growth.

More news for Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) were recently published by: Seekingalpha.com, which released: “Top Performing Energy Sector Stocks Since March Low” on May 18, 2018. 247Wallst.com‘s article titled: “Top Analyst Upgrades and Downgrades: Aimmune, Anadarko, Carrizo, Mastercard, PayPal, Spotify, Visa and More” and published on May 18, 2018 is yet another important article.

Among 31 analysts covering Carrizo Oil & Gas Inc. (NASDAQ:CRZO), 18 have Buy rating, 0 Sell and 13 Hold. Therefore 58% are positive. Carrizo Oil & Gas Inc. had 128 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $44.0 target in Monday, January 29 report. The rating was maintained by BMO Capital Markets with “Outperform” on Friday, September 4. The firm earned “Buy” rating on Friday, April 13 by RBC Capital Markets. The stock has “Hold” rating by Mizuho on Tuesday, November 21. The firm earned “Neutral” rating on Wednesday, February 24 by Simmons & Co. The stock of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) earned “Buy” rating by BMO Capital Markets on Thursday, January 11. The firm has “Hold” rating given on Thursday, October 12 by Piper Jaffray. On Monday, September 18 the stock rating was initiated by Citigroup with “Hold”. Northland Capital maintained Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) on Monday, December 11 with “Buy” rating. The stock has “Accumulate” rating by KLR Group on Tuesday, May 24.

Analysts await Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) to report earnings on August, 14. They expect $0.57 EPS, up 90.00% or $0.27 from last year’s $0.3 per share. CRZO’s profit will be $46.79M for 11.77 P/E if the $0.57 EPS becomes a reality. After $0.48 actual EPS reported by Carrizo Oil & Gas, Inc. for the previous quarter, Wall Street now forecasts 18.75% EPS growth.

Since December 15, 2017, it had 0 buys, and 15 insider sales for $3.48 million activity. FISHER JOHN BRADLEY had sold 22,292 shares worth $330,662 on Friday, March 9. Shares for $148,592 were sold by JOHNSON S P IV on Friday, December 15. 13,128 shares were sold by Pitts David L., worth $194,722 on Friday, March 9. Smith Richard H sold $129,982 worth of stock. MORTON GERALD A also sold $168,460 worth of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) shares.

Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) Institutional Positions Chart

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