Traders sold shares of Cabot Oil & Gas Corp. (NYSE:COG) on strength during trading on Thursday. $19.58 million flowed into the stock on the tick-up and $33.26 million flowed out of the stock on the tick-down, for a money net flow of $13.68 million out of the stock. Of all stocks tracked, Cabot Oil & Gas Corp. had the 0th highest net out-flow for the day. Cabot Oil & Gas Corp. traded up $1.05 for the day and closed at $26.06

COG has been the topic of several recent analyst reports. Zacks Investment Research upgraded Cabot Oil & Gas Corp. from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a research report on Monday, August 8th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Cabot Oil & Gas Corp. in a research report on Monday, May 16th. Scotiabank upgraded Cabot Oil & Gas Corp. from a “sector perform” rating to a “sector outperform” rating and set a $30.00 target price on the stock in a research report on Saturday, August 13th. Deutsche Bank AG reduced their target price on Cabot Oil & Gas Corp. from $24.00 to $23.00 and set a “hold” rating on the stock in a research report on Tuesday, June 14th. Finally, Capital One Financial Corp. upgraded Cabot Oil & Gas Corp. from an “equal weight” rating to an “overweight” rating in a research report on Friday, July 29th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $27.00.

The stock’s market cap is $12.08 billion. The company has a 50-day moving average price of $24.84 and a 200-day moving average price of $23.38.

Cabot Oil & Gas Corp. (NYSE:COG) last released its quarterly earnings data on Friday, July 29th. The oil and gas exploration company reported ($0.07) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.01. The firm had revenue of $246.80 million for the quarter, compared to analyst estimates of $270.13 million. During the same period in the previous year, the business posted $0.03 EPS. Cabot Oil & Gas Corp.’s revenue for the quarter was down 19.4% on a year-over-year basis. On average, analysts expect that Cabot Oil & Gas Corp. will post ($0.15) earnings per share 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 given 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 yield of 0.31%.

In related news, General Counsel George Kevin Cunningham sold 6,178 shares of Cabot Oil & Gas Corp. stock in a transaction 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 completion of the sale, the general counsel now owns 38,990 shares of the company’s stock, valued at $987,226.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Other hedge funds recently made changes to their positions in the company. Bridgewater Associates LP boosted its stake in shares of 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 worth $2,218,000 after buying an additional 7,900 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Cabot Oil & Gas Corp. during the fourth quarter worth $4,315,000. BNP Paribas Arbitrage SA boosted 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. Schwab Charles Investment Management Inc. boosted 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. Finally, BlackRock Advisors LLC boosted its stake in shares of Cabot Oil & Gas Corp. by 8.3% in the fourth quarter. BlackRock Advisors LLC now owns 1,741,684 shares of the oil and gas exploration company’s stock worth $30,810,000 after buying an additional 132,914 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.