Cabot Oil & Gas Corp. (NYSE:COG) shares were up 4% during trading on Thursday . The company traded as high as $26.00 and last traded at $26.00, with a volume of 2,558,705 shares trading hands. The stock had previously closed at $25.01.

A number of research analysts recently commented on COG shares. Morgan Stanley dropped their price target on Cabot Oil & Gas Corp. from $21.00 to $20.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 26th. Barclays PLC boosted their price target on Cabot Oil & Gas Corp. from $19.00 to $20.00 and gave the company an “equal weight” rating in a research note on Monday, May 2nd. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Cabot Oil & Gas Corp. in a research note on Tuesday, May 3rd. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Cabot Oil & Gas Corp. in a research note on Monday, May 16th. Finally, Deutsche Bank AG dropped their price target on Cabot Oil & Gas Corp. from $24.00 to $23.00 and set a “hold” rating for the company in a research note on Tuesday, June 14th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $27.00.

The stock’s 50-day moving average is $24.82 and its 200 day moving average is $23.32. The firm’s market cap is $12.12 billion.

Cabot Oil & Gas Corp. (NYSE:COG) last released its quarterly earnings results on Friday, July 29th. The oil and gas exploration company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.01. The business earned $246.80 million during the quarter, compared to analysts’ expectations of $270.13 million. The business’s revenue was down 19.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.03 EPS. On average, equities research analysts anticipate that Cabot Oil & Gas Corp. will post ($0.15) EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 24th. Investors of record on Wednesday, August 10th will be issued a dividend of $0.02 per share. The ex-dividend date is Monday, August 8th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.31%.

In related news, General Counsel George Kevin Cunningham sold 6,178 shares of the firm’s stock in a transaction that occurred on Tuesday, June 21st. The stock was sold at an average price of $25.32, for a total transaction of $156,426.96. Following the transaction, the general counsel now directly owns 38,990 shares in the company, valued at approximately $987,226.80. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Other institutional investors recently bought and sold shares of the company. Bridgewater Associates LP raised its position in Cabot Oil & Gas Corp. by 6.7% in the fourth quarter. Bridgewater Associates LP now owns 125,400 shares of the oil and gas exploration company’s stock valued at $2,218,000 after buying an additional 7,900 shares during the last quarter. Aberdeen Asset Management PLC UK raised 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 worth $1,640,000 after buying an additional 10,831 shares in the last quarter. Andra AP fonden raised its stake in shares of Cabot Oil & Gas Corp. by 79.9% in the fourth quarter. Andra AP fonden now owns 129,700 shares of the oil and gas exploration company’s stock worth $2,294,000 after buying an additional 57,600 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Cabot Oil & Gas Corp. by 112.2% in the fourth quarter. BNP Paribas Arbitrage SA now owns 293,464 shares of the oil and gas exploration company’s stock worth $5,191,000 after buying an additional 155,158 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Cabot Oil & Gas Corp. by 6.3% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,224,700 shares of the oil and gas exploration company’s stock worth $21,665,000 after buying an additional 72,914 shares in 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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