Bedell Frazier Investment Counseling Decreased Carrizo Oil & Gas (CRZO) Position; Panagora Asset Management Lowered Its El Paso Electric Co (EE) Position

January 14, 2018 - By Evgen Dobrzhanskiy

Bedell Frazier Investment Counseling Llc decreased Carrizo Oil & Gas Inc (CRZO) stake by 8.41% reported in 2017Q3 SEC filing. Bedell Frazier Investment Counseling Llc sold 28,384 shares as Carrizo Oil & Gas Inc (CRZO)’s stock declined 26.59%. The Bedell Frazier Investment Counseling Llc holds 308,976 shares with $5.29M value, down from 337,360 last quarter. Carrizo Oil & Gas Inc now has $1.98 billion valuation. The stock decreased 0.98% or $0.24 during the last trading session, reaching $24.33. About 3.08 million shares traded or 1.43% up from the average. Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) has declined 34.05% since January 14, 2017 and is downtrending. It has underperformed by 50.75% the S&P500.

Panagora Asset Management Inc decreased El Paso Electric Co (EE) stake by 20.5% reported in 2017Q3 SEC filing. Panagora Asset Management Inc sold 48,271 shares as El Paso Electric Co (EE)’s stock rose 11.70%. The Panagora Asset Management Inc holds 187,154 shares with $10.34M value, down from 235,425 last quarter. El Paso Electric Co now has $2.07 billion valuation. The stock decreased 0.78% or $0.4 during the last trading session, reaching $51.05. About 205,985 shares traded. El Paso Electric Company (NYSE:EE) has risen 21.05% since January 14, 2017 and is uptrending. It has outperformed by 4.35% the S&P500.

Analysts await El Paso Electric Company (NYSE:EE) to report earnings on February, 22. They expect $0.22 earnings per share, up 57.14% or $0.08 from last year’s $0.14 per share. EE’s profit will be $8.93 million for 58.01 P/E if the $0.22 EPS becomes a reality. After $1.47 actual earnings per share reported by El Paso Electric Company for the previous quarter, Wall Street now forecasts -85.03% negative EPS growth.

Panagora Asset Management Inc increased Amag Pharmaceuticals Inc (NASDAQ:AMAG) stake by 43,193 shares to 220,925 valued at $4.08 million in 2017Q3. It also upped First Bancorp/Nc (NASDAQ:FBNC) stake by 18,600 shares and now owns 126,848 shares. Visa Inc (NYSE:V) was raised too.

Among 4 analysts covering El Paso Electric Company (NYSE:EE), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. El Paso Electric Company had 18 analyst reports since November 20, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Tuesday, September 12 with “Hold”. Mizuho maintained El Paso Electric Company (NYSE:EE) on Thursday, October 26 with “Hold” rating. The company was maintained on Wednesday, January 10 by Mizuho. The firm has “Buy” rating given on Thursday, July 14 by Jefferies. The firm earned “Hold” rating on Tuesday, November 15 by Jefferies. The stock of El Paso Electric Company (NYSE:EE) has “Hold” rating given on Friday, October 6 by Jefferies. The firm earned “Underperform” rating on Friday, November 20 by Jefferies. Jefferies maintained the stock with “Hold” rating in Thursday, August 3 report. The rating was maintained by Jefferies on Tuesday, June 13 with “Hold”. The stock of El Paso Electric Company (NYSE:EE) has “Hold” rating given on Wednesday, November 22 by Bank of America.

Investors sentiment decreased to 1.3 in 2017 Q3. Its down 0.19, from 1.49 in 2017Q2. It is negative, as 21 investors sold EE shares while 45 reduced holdings. 22 funds opened positions while 64 raised stakes. 39.38 million shares or 0.60% more from 39.15 million shares in 2017Q2 were reported. Numeric Invsts Ltd Liability Com holds 50,800 shares. Gemmer Asset Limited Liability Corporation has invested 0% of its portfolio in El Paso Electric Company (NYSE:EE). Contravisory Inv has 3,179 shares. Moreover, Lord Abbett Communication Limited Liability Corp has 0.04% invested in El Paso Electric Company (NYSE:EE) for 241,651 shares. Amp Capital Invsts Ltd reported 10,200 shares or 0% of all its holdings. Legal & General Public Ltd Com accumulated 214,201 shares. 81,540 were reported by Channing Cap Management Limited Liability. Morgan Stanley has invested 0% in El Paso Electric Company (NYSE:EE). 47,592 are held by Bessemer Gp Inc. Sg Americas Securities Limited Liability Company, New York-based fund reported 26,495 shares. Qs Invsts Ltd Liability Corp holds 0.02% or 52,606 shares in its portfolio. Northern Trust reported 1.31M shares. Prudential Financial Inc holds 0.01% in El Paso Electric Company (NYSE:EE) or 155,356 shares. Pnc Finance Ser Gru invested in 0.01% or 90,180 shares. Teachers Retirement Sys Of The State Of Kentucky stated it has 13,600 shares.

Analysts await Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) to report earnings on February, 22. They expect $0.51 earnings per share, up 15.91% or $0.07 from last year’s $0.44 per share. CRZO’s profit will be $41.55M for 11.93 P/E if the $0.51 EPS becomes a reality. After $0.33 actual earnings per share reported by Carrizo Oil & Gas, Inc. for the previous quarter, Wall Street now forecasts 54.55% EPS growth.

Since August 14, 2017, it had 3 insider buys, and 1 sale for $3.70 million activity. $2.06 million worth of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) was bought by WEBSTER STEVEN A on Monday, August 14. JOHNSON S P IV sold $148,592 worth of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) on Friday, December 15.

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 105 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Credit Suisse to “Outperform” on Wednesday, July 22. The firm has “Accumulate” rating given on Monday, August 10 by KLR Group. Mizuho maintained it with “Hold” rating and $21.0 target in Tuesday, November 21 report. On Wednesday, December 20 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) has “Strong Buy” rating given on Tuesday, December 6 by Raymond James. The firm has “Buy” rating given on Tuesday, December 12 by Stifel Nicolaus. Canaccord Genuity maintained the stock with “Buy” rating in Thursday, June 9 report. Seaport Global upgraded the shares of CRZO in report on Friday, March 31 to “Buy” rating. The stock of Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) earned “Buy” rating by BMO Capital Markets on Monday, June 26. As per Thursday, October 6, the company rating was initiated by Mizuho.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: