7,155 Shares in Cabot Oil & Gas Co. (COG) Acquired by Waratah Capital Advisors Ltd.

Waratah Capital Advisors Ltd. acquired a new position in shares of Cabot Oil & Gas Co. (NYSE:COG) in the 4th quarter, HoldingsChannel reports. The fund acquired 7,155 shares of the oil and gas exploration company’s stock, valued at approximately $205,000.

Several other large investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its holdings in shares of Cabot Oil & Gas by 2.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,276,143 shares of the oil and gas exploration company’s stock valued at $32,004,000 after purchasing an additional 28,390 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of Cabot Oil & Gas by 127.2% in the 2nd quarter. Stifel Financial Corp now owns 44,262 shares of the oil and gas exploration company’s stock valued at $1,126,000 after purchasing an additional 24,777 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Cabot Oil & Gas by 108.9% in the 2nd quarter. Janus Henderson Group PLC now owns 133,457 shares of the oil and gas exploration company’s stock valued at $3,348,000 after purchasing an additional 69,563 shares during the last quarter. Cubist Systematic Strategies LLC lifted its holdings in shares of Cabot Oil & Gas by 379.6% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 20,211 shares of the oil and gas exploration company’s stock valued at $507,000 after purchasing an additional 15,997 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Cabot Oil & Gas by 78.2% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 16,172 shares of the oil and gas exploration company’s stock valued at $406,000 after purchasing an additional 7,099 shares during the last quarter. 99.16% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently weighed in on COG. Tudor Pickering raised Cabot Oil & Gas from a “hold” rating to a “buy” rating in a report on Monday, February 12th. ValuEngine downgraded Cabot Oil & Gas from a “hold” rating to a “sell” rating in a report on Monday, February 5th. Zacks Investment Research raised Cabot Oil & Gas from a “hold” rating to a “strong-buy” rating and set a $33.00 target price for the company in a report on Wednesday, January 24th. KeyCorp set a $35.00 target price on Cabot Oil & Gas and gave the company a “buy” rating in a report on Sunday, January 21st. Finally, Susquehanna Bancshares reissued a “neutral” rating and issued a $32.00 target price on shares of Cabot Oil & Gas in a report on Wednesday, January 17th. Three analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. Cabot Oil & Gas currently has a consensus rating of “Hold” and an average price target of $31.53.

Cabot Oil & Gas Co. (NYSE COG) opened at $23.89 on Monday. The stock has a market capitalization of $11,049.33, a P/E ratio of -77.06, a PEG ratio of 0.64 and a beta of 0.39. Cabot Oil & Gas Co. has a one year low of $21.40 and a one year high of $29.57. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.61 and a current ratio of 1.64.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 7th. Stockholders of record on Wednesday, January 24th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.00%. This is an increase from Cabot Oil & Gas’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Tuesday, January 23rd. Cabot Oil & Gas’s dividend payout ratio is -77.42%.

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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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