That suggests something of the likelihood of a short squeeze in shares of COG. Its up 1.94% from 18.92M shares previously. Cabot Oil & Gas Co. earned a news sentiment score of 0.20 on Alpha One’s scale. Scotiabank set a $29.00 price target on shares of Cabot Oil & Gas Co. and gave the company a “buy” rating in a research report on Saturday, February 25th. It has by 0.00% the S&P500. Vanguard Group Inc. now owns 46,495,862 shares of the oil and gas exploration company’s stock valued at $1,111,717,000 after buying an additional 1,653,616 shares in the last quarter. The legal version of this news story can be read at https://baseballnewssource.com/markets/exxonmobil-investment-management-inc-tx-reduces-stake-in-cabot-oil-gas-co-cog-updated-updated-updated/627853.html. The stock declined 0.34% or $0.08 reaching $23.14 on the news. Shares have risen 13.78% over the trailing 6 months. Seven analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Dominion Diamond Corp had 24 analyst reports since December 10, 2015 according to SRatingsIntel. They issued a “buy” rating and a $30.00 target price for the company. The stock carved out a 52-week low down at $19.98. The rating was maintained by JP Morgan on Tuesday, March 15 with “Neutral”. The firm earned “Sector Perform” rating on Friday, November 18 by RBC Capital Markets.
Since April 28, 2017, it had 0 insider purchases, and 4 sales for $3.19 million activity. 2,600 shares were sold by HARRISON SHANE R, worth $96,538. Its up 0.02, from 1.01 in 2016Q3. (NASDAQ:FLIR) for 9,518 shares. Thompson Davis Commerce holds 0% or 59 shares. King Luther Capital Management has 154,185 shares.
In other Cabot Oil & Gas Co. news, insider Todd M. Roemer sold 3,737 shares of Cabot Oil & Gas Co. stock in a transaction dated Friday, May 5th. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 111,543 shares. Macquarie Grp Inc Ltd holds 120,807 shares. Pnc Financial Group reported 56,415 shares or 0% of all its holdings. Stone Run Cap Llc holds 0.81% or 53,043 shares in its portfolio. Mitsubishi Ufj Tru & Banking invested in 919,157 shares.
Analysts await FLIR Systems, Inc. The oil and gas exploration company reported ($0.15) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.22) by $0.07. COG’s profit will be $68.08M for 38.45 P/E if the $0.15 EPS becomes a reality.
Investors sentiment decreased to 1.27 in Q4 2016. Stifel Nicolaus began coverage on shares of Cabot Oil & Gas Co.in a report on Thursday, March 23rd. 82 funds opened positions while 160 raised stakes. The investment professionals in our partner’s database now own: 433.38 million shares, up from 420.44 million shares in 2016Q3. Columbia L L C reported 283,054 shares. First Washington reported 49,700 shares. Creative Planning stated it has 14,619 shares. LLC bought a new position in Cabot Oil & Gas Co. during the fourth quarter worth approximately $142,000. 57,374 were accumulated by Riggs Asset Managment. Cabot Oil & Gas Co.’s payout ratio is -14.55%. Synovus Financial holds 0% or 1,204 shares in its portfolio. Raymond James Advsr Incorporated owns 12,499 shares.
Annual Dividend Yield of Cabot Oil & Gas Corporation (COG) stands at 0.86%. The stock’s market capitalization is 10.74B. The Company operates in the segment of natural gas and oil development, exploitation, exploration and production, in the continental United States. It now has negative earnings. Its assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs.
Several equities analysts have commented on COG shares. Therefore 63% are positive. TX lowered its position in Cabot Oil & Gas Co. The stock has “Outperform” rating by Scotia Capital on Tuesday, April 11. Cowen & Co upgraded the shares of COG in report on Tuesday, January 12 to “Outperform” rating. Jefferies maintained it with “Hold” rating and $24 target in Wednesday, April 19 report. The rating was upgraded by Susquehanna on Monday, February 6 to “Positive”. As per Thursday, October 20, the company rating was downgraded by Suntrust Robinson. Williams Capital reissued a “buy” rating and issued a $32.00 price target on shares of Cabot Oil & Gas Co.in a research report on Friday, April 28th. Topeka Capital Markets has “Buy” rating and $27 target.