Confidence in Cabot Oil & Gas (NYSE:COG) Shares by Evercore ISI Rise.

September 8, 2018 - By Vernon Prom

Cabot Oil & Gas Corporation (NYSE:COG) Logo

Investors sentiment decreased to 0.93 in 2018 Q1. Its down 0.35, from 1.28 in 2017Q4. It dived, as 58 investors sold Cabot Oil & Gas Corporation shares while 157 reduced holdings. 53 funds opened positions while 146 raised stakes. 417.12 million shares or 5.90% less from 443.27 million shares in 2017Q4 were reported.

Oppenheimer Asset Mgmt Inc has 0.01% invested in Cabot Oil & Gas Corporation (NYSE:COG) for 12,647 shares. Tci Wealth Advisors stated it has 0% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG). Trexquant Investment Limited Partnership stated it has 200,557 shares. Morgan Stanley holds 1.99M shares. 27,987 were reported by Strs Ohio. Segment Wealth Mgmt Limited Liability owns 1.08% invested in Cabot Oil & Gas Corporation (NYSE:COG) for 181,345 shares. 1,000 were accumulated by Whittier Communication Of Nevada. Heartland Advsr accumulated 285,410 shares or 0.46% of the stock. Evercore Wealth Limited Liability Company has invested 0.05% in Cabot Oil & Gas Corporation (NYSE:COG). Schroder Invest Mngmt Grp accumulated 2.92M shares or 0.12% of the stock. Credit Suisse Ag reported 757,503 shares or 0.02% of all its holdings. State Treasurer State Of Michigan has invested 0.03% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG). Cna holds 0.51% in Cabot Oil & Gas Corporation (NYSE:COG) or 100,000 shares. Moreover, Dekabank Deutsche Girozentrale has 0.02% invested in Cabot Oil & Gas Corporation (NYSE:COG) for 100,982 shares. Asset Mgmt One Ltd holds 0.04% or 743,635 shares.

Since May 17, 2018, it had 1 insider buy, and 1 insider sale for $1.09 million activity. Another trade for 50,000 shares valued at $1.11M was made by KELLEY ROBERT on Tuesday, May 29.

Cabot Oil & Gas (NYSE:COG) Stock Upgrade

In a note issued to clients on 7 September, Evercore ISI announced that they have decided to upgrade shares of Cabot Oil & Gas (NYSE:COG) stock from a “In-line” to a “Outperform”.

Cabot Oil & Gas Corporation (NYSE:COG) Ratings Coverage

Among 10 analysts covering Cabot Oil & Gas (NYSE:COG), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. Cabot Oil & Gas has $36.0 highest and $2500 lowest target. $28.80’s average target is 31.87% above currents $21.84 stock price. Cabot Oil & Gas had 15 analyst reports since March 14, 2018 according to SRatingsIntel. Morgan Stanley maintained Cabot Oil & Gas Corporation (NYSE:COG) on Thursday, July 12 with “Overweight” rating. Piper Jaffray maintained the stock with “Buy” rating in Wednesday, March 14 report. As per Monday, May 21, the company rating was maintained by Williams Capital Group. The company was maintained on Friday, April 27 by Ladenburg. The rating was maintained by Jefferies on Monday, March 19 with “Hold”. The firm earned “Overweight” rating on Monday, April 30 by Morgan Stanley. The company was maintained on Friday, April 20 by Morgan Stanley. The stock of Cabot Oil & Gas Corporation (NYSE:COG) has “Hold” rating given on Tuesday, April 17 by Citigroup. The rating was maintained by Williams Capital Group on Friday, April 27 with “Hold”. The stock has “Hold” rating by Susquehanna on Thursday, April 19.

The stock decreased 0.32% or $0.07 during the last trading session, reaching $21.84. About 6.66M shares traded or 18.27% up from the average. Cabot Oil & Gas Corporation (NYSE:COG) has declined 1.53% since September 8, 2017 and is downtrending. It has underperformed by 14.10% the S&P500.

Analysts await Cabot Oil & Gas Corporation (NYSE:COG) to report earnings on October, 26. They expect $0.25 earnings per share, up 316.67 % or $0.19 from last year’s $0.06 per share. COG’s profit will be $110.29M for 21.84 P/E if the $0.25 EPS becomes a reality. After $0.13 actual earnings per share reported by Cabot Oil & Gas Corporation for the previous quarter, Wall Street now forecasts 92.31 % EPS growth.

Cabot Oil & Gas Corporation, an independent gas and oil company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States. The company has market cap of $9.64 billion. The firm primarily focuses on the Marcellus Shale with approximately 179,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; and the Eagle Ford Shale with approximately 84,000 net acres in the oil window of the play located in Atascosa, Frio, and La Salle Counties, Texas. It has a 75.57 P/E ratio. It also transports, stores, gathers, and purchases natural gas for resale.

Cabot Oil & Gas Corporation (NYSE:COG) Institutional Positions Chart

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 FREE daily email newsletter.