WINTON GROUP Ltd trimmed its stake in Cabot Oil & Gas Co. (NYSE:COG) by 16.3% in the fourth quarter, HoldingsChannel reports. The firm owned 11,392 shares of the oil and gas exploration company’s stock after selling 2,214 shares during the quarter. WINTON GROUP Ltd’s holdings in Cabot Oil & Gas were worth $326,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Private Advisor Group LLC lifted its position in shares of Cabot Oil & Gas by 21.3% in the third quarter. Private Advisor Group LLC now owns 9,864 shares of the oil and gas exploration company’s stock valued at $252,000 after buying an additional 1,732 shares during the last quarter. Norinchukin Bank The lifted its position in shares of Cabot Oil & Gas by 6.6% in the third quarter. Norinchukin Bank The now owns 34,424 shares of the oil and gas exploration company’s stock valued at $921,000 after buying an additional 2,119 shares during the last quarter. Thompson Siegel & Walmsley LLC lifted its position in shares of Cabot Oil & Gas by 10.4% in the third quarter. Thompson Siegel & Walmsley LLC now owns 23,300 shares of the oil and gas exploration company’s stock valued at $623,000 after buying an additional 2,200 shares during the last quarter. Comerica Bank lifted its position in shares of Cabot Oil & Gas by 1.6% in the third quarter. Comerica Bank now owns 140,900 shares of the oil and gas exploration company’s stock valued at $3,831,000 after buying an additional 2,259 shares during the last quarter. Finally, Goelzer Investment Management Inc. lifted its position in shares of Cabot Oil & Gas by 0.9% in the fourth quarter. Goelzer Investment Management Inc. now owns 255,760 shares of the oil and gas exploration company’s stock valued at $7,315,000 after buying an additional 2,270 shares during the last quarter. 98.57% of the stock is owned by institutional investors.

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Cabot Oil & Gas Co. (NYSE:COG) opened at $25.64 on Wednesday. The firm has a market capitalization of $11,759.26, a price-to-earnings ratio of 52.08, a price-to-earnings-growth ratio of 0.77 and a beta of 0.45. The company has a quick ratio of 1.20, a current ratio of 1.21 and a debt-to-equity ratio of 0.48. Cabot Oil & Gas Co. has a fifty-two week low of $21.40 and a fifty-two week high of $29.57.

Cabot Oil & Gas (NYSE:COG) last announced its quarterly earnings data on Friday, February 23rd. The oil and gas exploration company reported $0.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.04. Cabot Oil & Gas had a return on equity of 8.60% and a net margin of 5.69%. The firm had revenue of $400.50 million during the quarter, compared to analysts’ expectations of $422.12 million. During the same period in the previous year, the firm earned $0.01 EPS. The company’s quarterly revenue was up 26.5% compared to the same quarter last year. equities research analysts anticipate that Cabot Oil & Gas Co. will post 1.11 earnings per share for the current fiscal year.

Cabot Oil & Gas declared that its Board of Directors has initiated a stock buyback plan on Friday, February 23rd that allows the company to repurchase 30,000,000 outstanding shares. This repurchase authorization allows the oil and gas exploration company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its stock is undervalued.

A number of analysts have recently issued reports on the company. Zacks Investment Research cut Cabot Oil & Gas from a “buy” rating to a “hold” rating in a research report on Tuesday. UBS Group began coverage on Cabot Oil & Gas in a report on Wednesday, March 7th. They set a “neutral” rating and a $28.00 price target for the company. BMO Capital Markets reissued a “buy” rating and set a $31.00 price target on shares of Cabot Oil & Gas in a report on Tuesday, February 27th. KeyCorp set a $30.00 price target on Cabot Oil & Gas and gave the stock a “buy” rating in a report on Saturday, November 25th. Finally, Scotiabank reissued a “buy” rating on shares of Cabot Oil & Gas in a report on Wednesday, November 22nd. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $31.21.

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Cabot Oil & Gas 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.

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

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