Published: Thu, October 12, 2017
Sport | By Wilson Duncan

State Street Corp Raises Position in Cabot Oil & Gas Corporation (COG)


It has outperformed by 23.50% the S&P500.

Rational Advisors LLC continued to hold its stake in Cabot Corp (NYSE:CBT) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The Price to Book ratio for Cabot Oil & Gas Corporation NYSE:COG is 4.500586. An M-Score lower than -2.22 indicates that the company will not be a manipulator. This ratio is calculated by dividing the market value of a company by cash from operating activities. Over the past five trading sessions it is -0.07%; 8.19% for the month; 6.92% for the last quarter; -2.44% for the past six-months; and 11.18% for the last 12 months.

Analyzing the technical facts of Cabot Oil & Gas Corporation (COG), its current distance from 20-Day Simple Moving Average is -4.05% and standing -0.85% away from 50-Day Simple Moving Average while traded up 6.30% from 200-Day Simple Moving Average. It has underperformed by 15.45% the S&P500. About 1.73M shares traded. This ratio is calculated by dividing the current share price by the book value per share. BMO Capital Markets reissued a "buy" rating and set a $30.00 price objective on shares of Cabot Oil & Gas Corporation in a report on Friday, September 1st. Therefore 70% are positive. The Earnings Yield Five Year average for Cabot Oil & Gas Corporation is 0.028323.

Cabot Oil & Gas Corporation (COG)'s mean Altman Z-Score: 3.40 during the last 7 years. As per Thursday, September 1, the company rating was maintained by Barclays Capital. RBC Capital Markets maintained Enbridge Inc (USA) (NYSE:ENB) on Friday, October 9 with "Outperform" rating. The stock of Cabot Oil & Gas Corporation (NYSE:COG) has "Equal-Weight" rating given on Tuesday, April 26 by Morgan Stanley. Piper Jaffray reinitiated the shares of COG in report on Monday, May 1 with "Overweight" rating. COG now has a profit margin of -11.00%. Bank of America upgraded the shares of COG in report on Thursday, May 11 to "Neutral" rating.

Investors sentiment increased to 1.09 in 2017 Q2. Its up 0.01, from 1.08 in 2017Q1. 71 funds opened positions while 145 raised stakes. 440.03 million shares or 0.59% more from 437.45 million shares in 2017Q1 were reported.

Range Resources Corporation (NYSE:COG) scores higher than Cabot Oil & Gas Corporation (NYSE:RRC) on 9 of the 13 measures compared between the two companies.


Relative Strength Index (RSI) for Cabot Oil & Gas Corporation (COG) is at 35.85. Cibc Incorporated accumulated 48,844 shares or 0.01% of the stock. Roosevelt Grp Inc, New York-based fund reported 170,342 shares.

Sell-side analyst recommendations point to a short term price target of $60 on the shares of Cabot Corporation (CBT). Clearbridge Limited Liability invested in 1.52 million shares. Sterling Cap Mgmt Ltd stated it has 1.72 million shares or 0.92% of all its holdings. Public Employees Retirement Sys Of Ohio holds 205,539 shares or 0.03% of its portfolio. Comparatively, COG's free cash flow per share was +0.11. State Street Corp owned approximately 5.69% of Cabot Oil & Gas Corporation worth $659,562,000 as of its most recent SEC filing.

Cabot holds 12.14% of its portfolio in Cabot Oil & Gas Corporation for 856,051 shares. Canada Pension Plan Investment Board accumulated 522,698 shares. Cantab Capital Partners LLP now owns 3,360 shares of the specialty chemicals company's stock valued at $170,000 after buying an additional 126 shares during the last quarter. (NASDAQ:QCOM). Nj State Employees Deferred Compensation Plan invested in 0.31% or 30,000 shares. Argent Tru reported 8,408 shares or 0.06% of all its holdings. A total of 4.77 Million shares exchanged at hands and its Average Volume (3 months) is 5 Million.

Analysts await Quintiles IMS Holdings Inc (NYSE:Q) to report earnings on November, 1. Portola Pharmaceuticals, Inc. has 2 buy ratings, 0 holds and 0 sells even after the stock tumbled -18.41% from its high of $67.1 to a $3.52 billion market value through last close. Therefore 37% are positive. Yandex N.V. had 19 analyst reports since July 31, 2015 according to SRatingsIntel.

While under theory that management are shareholders, many value investors look for stocks with a high percent of insider ownership, because they will act in its own self interest, as well create shareholder value in the long-term. The rating was initiated by Credit Suisse on Friday, October 7 with "Neutral". Deutsche Bank maintained it with "Hold" rating and $20 target in Wednesday, December 9 report. The rating was maintained by Robert W. Baird on Monday, September 25 with "Hold". Goldman Sachs downgraded the shares of TMK in report on Wednesday, February 24 to "Sell" rating. The Stephens Investment Management Group Llc holds 424,500 shares with $10.65 million value, up from 96,104 last quarter. East West Bancorp Inc (NASDAQ:EWBC) was reduced too.

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