Moody Lynn & Lieberson LLC increased its holdings in Cabot Oil & Gas Corporation (NYSE:COG) by 191.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 552,874 shares of the oil and gas exploration company’s stock after buying an additional 362,874 shares during the period. Cabot Oil & Gas Corporation accounts for 1.8% of Moody Lynn & Lieberson LLC’s investment portfolio, making the stock its 19th biggest position. Moody Lynn & Lieberson LLC owned approximately 0.12% of Cabot Oil & Gas Corporation worth $14,789,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in COG. Capital World Investors boosted its holdings in Cabot Oil & Gas Corporation by 157.8% in the 2nd quarter. Capital World Investors now owns 27,084,300 shares of the oil and gas exploration company’s stock valued at $679,274,000 after purchasing an additional 16,579,300 shares during the period. PointState Capital LP boosted its holdings in Cabot Oil & Gas Corporation by 60.9% in the 2nd quarter. PointState Capital LP now owns 18,011,889 shares of the oil and gas exploration company’s stock valued at $451,738,000 after purchasing an additional 6,818,389 shares during the period. FMR LLC boosted its holdings in Cabot Oil & Gas Corporation by 16.5% in the 2nd quarter. FMR LLC now owns 29,661,972 shares of the oil and gas exploration company’s stock valued at $743,923,000 after purchasing an additional 4,192,976 shares during the period. Boston Partners bought a new position in Cabot Oil & Gas Corporation in the 3rd quarter valued at $64,249,000. Finally, Neuberger Berman Group LLC boosted its holdings in Cabot Oil & Gas Corporation by 11.3% in the 2nd quarter. Neuberger Berman Group LLC now owns 20,664,730 shares of the oil and gas exploration company’s stock valued at $518,271,000 after purchasing an additional 2,095,126 shares during the period. 97.54% of the stock is owned by institutional investors.

Shares of Cabot Oil & Gas Corporation (COG) traded up $0.43 during trading hours on Monday, reaching $28.99. 6,005,300 shares of the company were exchanged, compared to its average volume of 6,105,146. The stock has a market cap of $13,450.00, a PE ratio of 76.29, a PEG ratio of 1.83 and a beta of 0.51. Cabot Oil & Gas Corporation has a one year low of $20.55 and a one year high of $29.06. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.61 and a current ratio of 1.64.

Cabot Oil & Gas Corporation (NYSE:COG) last issued its earnings results on Friday, October 27th. The oil and gas exploration company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). Cabot Oil & Gas Corporation had a positive return on equity of 6.63% and a negative net margin of 8.80%. The business had revenue of $385.40 million during the quarter, compared to analysts’ expectations of $400.85 million. During the same quarter in the previous year, the business earned ($0.04) EPS. Cabot Oil & Gas Corporation’s revenue for the quarter was up 24.2% compared to the same quarter last year. equities research analysts predict that Cabot Oil & Gas Corporation will post 0.53 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 17th. Shareholders of record on Wednesday, November 8th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date is Tuesday, November 7th. Cabot Oil & Gas Corporation’s payout ratio is -62.50%.

Several research analysts have commented on COG shares. Williams Capital downgraded shares of Cabot Oil & Gas Corporation from a “buy” rating to a “hold” rating and set a $30.00 price target for the company. in a report on Tuesday, July 18th. Zacks Investment Research downgraded shares of Cabot Oil & Gas Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. William Blair downgraded shares of Cabot Oil & Gas Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 18th. Cowen and Company set a $30.00 price target on shares of Cabot Oil & Gas Corporation and gave the company a “buy” rating in a report on Tuesday, July 18th. Finally, BidaskClub downgraded shares of Cabot Oil & Gas Corporation from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have assigned a buy rating to the stock. Cabot Oil & Gas Corporation currently has an average rating of “Buy” and a consensus target price of $30.06.

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In other Cabot Oil & Gas Corporation news, insider Jeffrey W. Hutton sold 11,918 shares of the business’s stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $26.79, for a total value of $319,283.22. Following the transaction, the insider now owns 635,124 shares in the company, valued at $17,014,971.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert Kelley acquired 2,000 shares of the firm’s stock in a transaction on Tuesday, October 31st. The stock was purchased at an average price of $27.47 per share, for a total transaction of $54,940.00. Following the transaction, the director now directly owns 619,500 shares of the company’s stock, valued at approximately $17,017,665. The disclosure for this purchase can be found here. 1.60% of the stock is currently owned by insiders.

Cabot Oil & Gas Corporation Company Profile

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.

Institutional Ownership by Quarter for Cabot Oil & Gas Corporation (NYSE:COG)

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