Cabot Oil & Gas Corp (NYSE:COG) Institutional Investor Sentiment Trend

Several equities analysts have commented on COG shares. The share price is now down -2.80% for the past three months.

A number of other institutional investors have also recently added to or reduced their stakes in the stock.

Before looking at the financial values or the trading statistics of Cabot Oil & Gas Corporation (COG), we will start our analysis with the SMA or Simple Moving Average values. State Street Corp now owns 31,020,291 shares of the oil and gas exploration company's stock valued at $724,630,000 after buying an additional 1,672,075 shares in the last quarter. Cabot Oil & Gas Co. earned a news sentiment score of 0.20 on Alpha One's scale. Sanders Capital LLC now owns 25,830,424 shares of the oil and gas exploration company's stock valued at $630,336,000 after buying an additional 6,657,156 shares in the last quarter. Parallel Advisors LLC acquired a new position in shares of Cabot Oil & Gas Co. during the fourth quarter valued at approximately $116,000. LLC raised its position in Cabot Oil & Gas 75.4% in the third quarter. Insiders own 1.80% of the company's stock.

Piper Jaffray Companies restated their overweight rating on shares of Cabot Oil & Gas Co.

The number of shares traded in the last trading session was 6.41 Million.

The stock's 50 day moving average is 24.11 and its 200 day moving average is 22.91. The stock now has a Market Cap of $78.52B.

Cabot Oil & Gas Corporation is an independent gas and oil firm engaged in the development, exploitation and exploration of gas and oil properties. The oil and gas exploration company reported $0.19 EPS for the quarter, beating the Zacks' consensus estimate of $0.16 by $0.03. The firm had revenue of $371.30 million during the quarter, compared to analyst estimates of $359.28 million. During the same quarter previous year, the firm posted ($0.13) EPS. The firm's revenue for the quarter was up 83.7% compared to the same quarter a year ago. On average, equities research analysts predict that Cabot Oil & Gas Co. will post $0.70 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 31st. Investors of record on Wednesday, May 17th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend is Monday, May 15th. Cabot Oil & Gas Co.'s payout ratio is now -14.55%.

ILLEGAL ACTIVITY NOTICE: This news story was posted by BBNS and is the sole property of of BBNS. If you are reading this article on another domain, it was illegally copied and republished in violation of USA & global copyright laws. It fall, as 47 investors sold Cabot Oil & Gas Corporation shares while 144 reduced holdings.

In related news, insider Todd M. Roemer sold 3,737 shares of Cabot Oil & Gas Co. stock in a transaction that occurred on Friday, May 5th. Canaccord Genuity restated a "buy" rating and issued a $14.00 price target on shares of Whiting Petroleum Corp in a research report on Friday, February 10th. The institutional investor held 25.83 million shares of the oil & gas production company at the end of 2017Q1, valued at $630.34M, up from 19.17 million at the end of the previous reported quarter. Finally, Susquehanna Bancshares Inc raised Cabot Oil & Gas Co. from a neutral rating to a positive rating and boosted their target price for the company from $23.00 to $27.00 in a research note on Monday, February 6th. Cowen & Co initiated the shares of COG in report on Tuesday, July 21 with "Market Perform" rating.

The target price for Cabot Oil & Gas Corporation (COG) is $29.42/share according to the consensus of analysts working on the stock, with an expected EPS of $0.16/share for the current quarter.

08/15/2016 - Cabot Oil & Gas Corporation had its "buy" rating reiterated by analysts at Drexel Hamilton. About 5.36 million shares traded. The stock is now trading -1.56% below its SMA 50 and 7.31% above its SMA 200. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The Company operates in the segment of natural gas and oil development, exploitation, exploration and production, in the continental United States. The Company's assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs.

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