Shares of Cabot Oil & Gas Corp. (NYSE:COG) were down 1.6% during trading on Thursday . The stock traded as low as $25.21 and last traded at $25.28, with a volume of 992,824 shares changing hands. The stock had previously closed at $25.70.

Several analysts recently commented on COG shares. Jefferies Group raised their target price on Cabot Oil & Gas Corp. from $42.00 to $47.00 and gave the company a “buy” rating in a research report on Monday, March 28th. Tudor Pickering cut Cabot Oil & Gas Corp. from a “buy” rating to a “hold” rating in a research report on Friday, April 15th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Cabot Oil & Gas Corp. in a research report on Monday, May 16th. Deutsche Bank AG reiterated a “hold” rating and set a $24.00 price target (up from $23.00) on shares of Cabot Oil & Gas Corp. in a research report on Wednesday, March 23rd. Finally, Citigroup Inc. lifted their price target on Cabot Oil & Gas Corp. from $20.00 to $23.00 and gave the company a “neutral” rating in a research report on Thursday, April 7th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $26.64.

The stock’s 50 day moving average price is $25.04 and its 200-day moving average price is $22.16. The stock’s market capitalization is $11.72 billion.

Cabot Oil & Gas Corp. (NYSE:COG) last posted its quarterly earnings data on Friday, April 29th. The oil and gas exploration company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.01. The firm had revenue of $281.90 million for the quarter, compared to analyst estimates of $273.48 million. During the same period in the prior year, the company posted $0.12 EPS. The firm’s quarterly revenue was down 39.4% compared to the same quarter last year. Equities analysts forecast that Cabot Oil & Gas Corp. will post ($0.25) EPS for the current year.

In other news, Director Robert S. Boswell acquired 5,000 shares of Cabot Oil & Gas Corp. stock in a transaction on Thursday, May 5th. The shares were purchased at an average price of $24.35 per share, with a total value of $121,750.00. Following the acquisition, the director now owns 15,360 shares in the company, valued at $374,016. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, General Counsel George Kevin Cunningham sold 8,500 shares of the company’s stock in a transaction on Thursday, May 5th. The stock was sold at an average price of $24.26, for a total value of $206,210.00. Following the transaction, the general counsel now directly owns 45,168 shares in the company, valued at approximately $1,095,775.68. The disclosure for this sale can be found here.

Other hedge funds and institutional investors have recently bought and sold shares of the company. Gulf International Bank UK Ltd increased its position in Cabot Oil & Gas Corp. by 0.8% in the fourth quarter. Gulf International Bank UK Ltd now owns 119,224 shares of the oil and gas exploration company’s stock valued at $2,109,000 after buying an additional 980 shares in the last quarter. TD Asset Management Inc. boosted its stake in shares of Cabot Oil & Gas Corp. by 1.4% in the fourth quarter. TD Asset Management Inc. now owns 205,420 shares of the oil and gas exploration company’s stock valued at $3,634,000 after buying an additional 2,800 shares during the last quarter. GAM Holding AG boosted its stake in shares of Cabot Oil & Gas Corp. by 6.9% in the fourth quarter. GAM Holding AG now owns 100,378 shares of the oil and gas exploration company’s stock valued at $1,776,000 after buying an additional 6,500 shares during the last quarter. New York State Common Retirement Fund boosted its stake in shares of Cabot Oil & Gas Corp. by 0.8% in the fourth quarter. New York State Common Retirement Fund now owns 956,700 shares of the oil and gas exploration company’s stock valued at $16,924,000 after buying an additional 7,800 shares during the last quarter. Finally, Aberdeen Asset Management PLC UK boosted its stake in shares of Cabot Oil & Gas Corp. by 17.1% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 74,235 shares of the oil and gas exploration company’s stock valued at $1,640,000 after buying an additional 10,831 shares during the last quarter.

Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. The Company operates in the segment of natural gas and oil development, exploitation, exploration and production, in the continental United States. Its assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs.

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