Carrizo Oil & Gas, Inc. (CRZO) Reaches $17.86 After 4.00% Down Move; Atlantic Trust Group Has Cut Preformed Line Prods Co Com (PLPC) Holding

February 15, 2018 - By Steve Bissell

Atlantic Trust Group Llc decreased Preformed Line Prods Co Com (PLPC) stake by 55.64% reported in 2017Q3 SEC filing. Atlantic Trust Group Llc sold 15,466 shares as Preformed Line Prods Co Com (PLPC)’s stock declined 6.05%. The Atlantic Trust Group Llc holds 12,332 shares with $830,000 value, down from 27,798 last quarter. Preformed Line Prods Co Com now has $315.67M valuation. The stock decreased 1.51% or $0.9495 during the last trading session, reaching $62.0005. About 1,517 shares traded. Preformed Line Products Company (NASDAQ:PLPC) has risen 22.89% since February 15, 2017 and is uptrending. It has outperformed by 6.19% the S&P500.

The stock of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) is a huge mover today! The stock decreased 6.00% or $1.1401 during the last trading session, reaching $17.8599. About 1.74M shares traded. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) has declined 34.05% since February 15, 2017 and is downtrending. It has underperformed by 50.75% the S&P500.The move comes after 8 months negative chart setup for the $1.46B company. It was reported on Feb, 15 by Barchart.com. We have $17.15 PT which if reached, will make NASDAQ:CRZO worth $58.20 million less.

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 earned “Buy” rating on Tuesday, January 2 by SunTrust. RBC Capital Markets maintained Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) on Thursday, September 14 with “Buy” rating. BMO Capital Markets maintained the stock with “Buy” rating in Tuesday, November 14 report. The company was downgraded on Thursday, July 20 by J.P. Morgan. The firm has “Buy” rating by Williams Capital Group given on Thursday, June 29. RBC Capital Markets maintained Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) on Wednesday, February 24 with “Outperform” rating. The stock has “Neutral” rating by Seaport Global on Wednesday, March 30. The firm earned “Buy” rating on Friday, March 11 by Goldman Sachs. BMO Capital Markets maintained Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) rating on Tuesday, October 10. BMO Capital Markets has “Buy” rating and $20.0 target. The firm has “Buy” rating by Seaport Global given on Friday, March 31.

Analysts await Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) to report earnings on February, 22. They expect $0.51 EPS, up 15.91% or $0.07 from last year’s $0.44 per share. CRZO’s profit will be $41.55M for 8.75 P/E if the $0.51 EPS becomes a reality. After $0.33 actual EPS reported by Carrizo Oil & Gas, Inc. for the previous quarter, Wall Street now forecasts 54.55% EPS growth.

Since August 14, 2017, it had 2 insider buys, and 2 insider sales for $1.45 million activity. Another trade for 8,000 shares valued at $148,592 was sold by JOHNSON S P IV. 75,000 shares were bought by WEBSTER STEVEN A, worth $909,845.

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 $1.46 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 12.27 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.

Investors sentiment decreased to 1.49 in Q3 2017. Its down 0.23, from 1.72 in 2017Q2. It dropped, 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. Art Ltd Liability holds 0.04% of its portfolio in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) for 42,100 shares. Morgan Stanley holds 0% or 181,156 shares in its portfolio. American International Gp reported 60,814 shares or 0% of all its holdings. Envestnet Asset Mngmt stated it has 0% in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO). Magnetar Lc accumulated 1.40 million shares or 0.54% of the stock. Great West Life Assurance Com Can owns 110,170 shares for 0% of their portfolio. Pnc Service Grp Inc reported 709 shares stake. California-based California Employees Retirement has invested 0% in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO). Northern Trust reported 1.32M shares stake. Nwq Invest Company Ltd Liability Company invested 1.52% of its portfolio in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO). Comerica Retail Bank invested in 0.01% or 86,211 shares. 2.13M are held by Goldman Sachs Group Incorporated Inc. Eidelman Virant Capital invested 0.22% in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO). Voya Investment Mngmt Lc holds 0.07% in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) or 2.02 million shares. Sg Americas Secs Ltd Limited Liability Company reported 0.01% in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO).

Since January 22, 2018, it had 1 insider purchase, and 0 selling transactions for $675 activity. 8 shares were bought by GIBBONS MICHAEL E, worth $675.

Investors sentiment increased to 2.75 in 2017 Q3. Its up 1.31, from 1.44 in 2017Q2. It improved, as 2 investors sold PLPC shares while 10 reduced holdings. 10 funds opened positions while 23 raised stakes. 2.27 million shares or 1.36% more from 2.24 million shares in 2017Q2 were reported. Nationwide Fund, a Pennsylvania-based fund reported 1,662 shares. Northern Trust holds 0% of its portfolio in Preformed Line Products Company (NASDAQ:PLPC) for 40,493 shares. Renaissance Technologies Lc holds 0% of its portfolio in Preformed Line Products Company (NASDAQ:PLPC) for 51,400 shares. Morgan Stanley accumulated 4,111 shares or 0% of the stock. National Bank & Trust Of Ny Mellon Corporation reported 0% in Preformed Line Products Company (NASDAQ:PLPC). Dimensional Fund Advsr Limited Partnership has 0.01% invested in Preformed Line Products Company (NASDAQ:PLPC) for 280,019 shares. Axa holds 3,900 shares. D L Carlson Investment Gru reported 5,500 shares stake. Bridgeway Inc invested 0.01% of its portfolio in Preformed Line Products Company (NASDAQ:PLPC). Prelude Management Limited Liability holds 551 shares. Keybank Association Oh stated it has 405,152 shares. Federated Investors Pa has invested 0% of its portfolio in Preformed Line Products Company (NASDAQ:PLPC). Teton Advisors Inc reported 5,788 shares or 0.04% of all its holdings. Cornerstone Holdg Ltd Liability Corporation has 1,964 shares. American Int Group stated it has 0% in Preformed Line Products Company (NASDAQ:PLPC).

Atlantic Trust Group Llc increased Berry Global Group Inc. (NYSE:BERY) stake by 558,411 shares to 861,120 valued at $48.78M in 2017Q3. It also upped Viper Energy Partners Lp Com Unt Rp (NASDAQ:VNOM) stake by 78,184 shares and now owns 111,075 shares. Lowes Cos Inc Com (NYSE:LOW) was raised too.

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By1 Steve Bissell

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