Cabot Oil & Gas (COG) Cut to "Hold" at Zacks Investment Research

Lloyd Doyle
January 12, 2018

The company had seen its current volume reaching at 4.99 million shares in the last trade. Its up 19.63% from 133,500 shares previously. The stock returned 0.25% last month which was maintained at -0.70% this year. About 593,128 shares traded. According to the most recent data, Cabot Oil & Gas Corporation has a 52-week high of $29.57 and a 52-week low of $20.55. It has underperformed by 16.70% the S&P500.

Penn Mutual Life Insurance Company decreased its stake in Annaly Capital Management Inc (NLY) by 38.94% based on its latest 2017Q3 regulatory filing with the SEC.

Investors may also want to take a longer-term look at company shares. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth. Penn Mutual Life Insurance Company who had been investing in Annaly Capital Management Inc for a number of months, seems to be less bullish one the $13.27B market cap company. COG's financial leverage ratio is 0.94, which indicates that the company's asset base is primarily funded by equity capital. About 434,955 shares traded. XPO Logistics, Inc. (NYSE:XPO) has risen 103.27% since January 12, 2017 and is uptrending. It has outperformed by 50.62% the S&P500.

Since September 5, 2017, it had 0 insider buys, and 1 insider sale for $319,283 activity.

Investors sentiment decreased to 1.07 in 2017 Q3. Looking at some alternate time periods, the 12 month price index is 1.30964, the 24 month is 1.74970, and the 36 month is 0.96805. It turned negative, as 39 investors sold COG shares while 160 reduced holdings. Wells Fargo Mn has invested 0.01% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG). 478,223 are owned by Kayne Anderson Rudnick Limited Liability Corp. Cabot Oil & Gas now has $12.93B valuation. Moreover, Kingfisher Capital Ltd Limited Liability Company has 0.83% invested in Cabot Oil & Gas Corporation (NYSE:COG). Rhumbline Advisers accumulated 0.2% or 1.75 million shares. Duncker Streett And Company reported 3,318 shares. Paradigm Asset Mngmt has invested 0.83% in Cabot Oil & Gas Corporation (NYSE:COG). Cabot Oil & Gas Corporation has a consensus rating of "Buy" and a consensus target price of $27.55.

Cabot Oil & Gas Corporation (NYSE:COG) gross margin percentage stands at 31.1% while its operating margin for the past trailing twelve month is -9.3 percent and its overall profit margin (ttm) is -8.8 Percent.

Among 33 analysts covering Cabot Oil & Gas (NYSE:COG), 22 have Buy rating, 1 Sell and 10 Hold. Therefore 67% are positive. Cabot Oil & Gas Corporation (NYSE:COG) has a 20-Day average volume of 4.74 Million.

Cabot Oil & Gas independent oil and Gas Company engaged in the exploration, development, acquisition and exploitation of oil and gas properties located in four areas of the United States: the onshore Texas and Louisiana Gulf Coast; the Rocky Mountains; Appalachia; and the Mid-Continent or Anadarko Basin. The firm has "Overweight" rating by Barclays Capital given on Monday, January 9. Morgan Stanley maintained the stock with "Equal-Weight" rating in Tuesday, April 26 report. Williams Capital reiterated a hold rating and issued a $28.00 price target on shares of Cabot Oil & Gas in a report on Monday, October 9th. The stock has "Buy" rating by Stifel Nicolaus on Wednesday, September 13. The firm has "Market Perform" rating by Wood given on Friday, August 14. (NYSE:XPO) earned "Buy" rating by Susquehanna on Monday, January 8. The stock of Accuray Incorporated (NASDAQ:ARAY) has "Neutral" rating given on Friday, August 21 by BTIG Research. Artisan Prns Partnership holds 0% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG) for 8,337 shares. They expect $0.13 earnings per share, up 1,200.00% or $0.12 from last year's $0.01 per share. COG's profit will be $60.13M for 53.77 P/E if the $0.13 EPS becomes a reality. The institutional investor held 81,646 shares of the oil & gas production company at the end of 2017Q3, valued at $2.18M, up from 63,699 at the end of the previous reported quarter. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirteen have given a buy rating to the company's stock.

COG has been the subject of several analyst reports. Canaccord Genuity maintained Ambarella, Inc. (NASDAQ:AMBA) on Friday, September 2 with "Buy" rating. The firm has "Buy" rating by Deutsche Bank given on Monday, July 18. BMO Capital Markets maintained the stock with "Buy" rating in Tuesday, October 10 report. As per Thursday, May 11, the company rating was upgraded by Bank of America. The stock of XPO Logistics, Inc. (NYSE:XPO) earned "Buy" rating by Oppenheimer on Thursday, October 12. The rating was initiated by GMP Securities with "Hold" on Wednesday, February 3. The stock has "Outperform" rating by Wood on Wednesday, December 13. Cowen & Co maintained the shares of XPO in report on Tuesday, December 6 with "Outperform" rating. 6,340,000 shares of the stock were exchanged, compared to its average volume of 4,560,000. Day Christopher sold $71,099 worth of Ambarella, Inc. It also reduced its holding in Select Sector Spdr Tr Sbi Cons (XLY) by 103,565 shares in the quarter, leaving it with 50 shares, and cut its stake in Spdr S&P Semiconductor Etf (XSD). Its down 0.02, from 1.09 in 2017Q2. This ratio is calculated by dividing the current share price by the book value per share. 90 funds opened positions while 254 raised stakes. Dalton Greiner Hartman Maher And Communications holds 0.95% or 637,320 shares. Virginia Retirement Et Al stated it has 10,383 shares. Vantage Inv Lc holds 0.69% or 50,528 shares in its portfolio. Grp Inc One Trading LP reported 0.03% stake. Security Tru Com, a West Virginia-based fund reported 1,200 shares. Lenox Wealth owns 300 shares for 0% of their portfolio. Bb&T Corporation holds 0.01% or 54,691 shares. Korea accumulated 0.06% or 502,269 shares.

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