Cabot Oil & Gas announced that its board has initiated a stock repurchase plan on Friday, February 23rd that authorizes the company to repurchase 30,000,000 shares.
The 25 analysts offering 12-month price forecasts for Cabot Oil & Gas Corp have a median target of 32.00, with a high estimate of 37.50 and a low estimate of 26.00. The stock increased 2.28% or $0.57 during the last trading session, reaching $25.52. About 6.31M shares traded.
Cabot Oil & Gas Corporation has distance from 20-day Simple Moving Average (SMA20) of 5.01%, Distance from 50-Day Simple Moving Average of SMA50 percent and Distance from 200-Day Simple Moving Average of -1.34%. It has underperformed by 15.45% the S&P500.
Buckhead Capital Management Llc increased its stake in Aes Corp (AES) by 83.33% based on its latest 2017Q3 regulatory filing with the SEC. Advisors Asset Management Inc. bought a new stake in shares of Cabot Oil & Gas during the third quarter valued at approximately $130,000. The oil and gas exploration company reported $0.13 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.09 by $0.04. It improved, as 40 investors sold PCAR shares while 147 reduced holdings.
Wendell David Associates Inc increased its stake in Henry Schein (HSIC) by 95.54% based on its latest 2017Q3 regulatory filing with the SEC.
Since October 30, 2017, it had 2 buys, and 2 insider sales for $1.88 million activity. Blackhawk Network Holdings, Inc. (NYSE:HD) has risen 18.65% since March 12, 2017 and is uptrending. It has outperformed by 17.71% the S&P500. Cornerstone Investment Partners LLC grew its position in BP by 101.6% during the 4th quarter. Bank of New York Mellon Corp boosted its stake in shares of Cabot Oil & Gas by 66.9% during the fourth quarter.
Investors sentiment increased to 1.14 in 2017 Q3. Valero Energy Corporation has P/S value of 0.43 while its P/B value stands at 1.87.
Several large investors have recently added to or reduced their stakes in COG. 121 funds opened positions while 587 raised stakes. 435.56 million shares or 1.02% less from 440.03 million shares in 2017Q2 were reported. BMO Capital Markets maintained Cabot Oil & Gas Corporation (NYSE:COG) rating on Friday, July 28. Columbia Prtnrs L L C Invest Management accumulated 16,713 shares or 0.06% of the stock.
Shares of Oil States International (OIS) traded up $0.20 during trading hours on Wednesday, hitting $26.35. Tortoise Cap Advsrs Limited Liability Corp holds 693,177 shares. Cabot's exploration, development and production operations are primarily concentrated in two unconventional plays-the Marcellus Shale in northeast Pennsylvania and the Eagle Ford Shale in south Texas. Andra Ap reported 31,200 shares. 213,634 were accumulated by Zurcher Kantonalbank (Zurich Cantonalbank). Daiwa Sb Invs has invested 2.97% of its portfolio in The Home Depot, Inc. Stephens Invest Group Ltd Liability accumulated 524,550 shares. Glg Ltd Partnership owns 93,780 shares. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. Therefore 45% are positive. The Home Depot Inc. had 115 analyst reports since August 19, 2015 according to SRatingsIntel. RBC Capital Markets maintained The AES Corporation (NYSE:AES) on Sunday, September 10 with "Hold" rating. BMO Capital Markets maintained Cabot Oil & Gas Corporation (NYSE:COG) rating on Tuesday, October 10. Principal Fin Group holds 0.06% in ONEOK, Inc. The rating was downgraded by Drexel Hamilton to "Hold" on Tuesday, November 7. Finally, Tudor Pickering upgraded shares of Cabot Oil & Gas from a hold rating to a buy rating in a research report on Monday, February 12th. With these types of results to display analysts, are more optimistic than before, leading 19 of analysts who cover Cabot Oil & Gas Corporation (NYSE:COG) advice their clients to include it in their buy candidate list. Morgan Stanley maintained Cabot Oil & Gas Corporation (NYSE:COG) rating on Wednesday, October 18. The rating was maintained by Barclays Capital with "Equal Weight" on Monday, May 2. (NASDAQ:HSIC) earned "Hold" rating by Piper Jaffray on Tuesday, August 8. Therefore 62% are positive.
According to Zacks Investment Research, Cabot Oil & Gas Corporation has a Consensus Recommendation of 1.63. (NYSE:OKE) earned "Hold" rating by Jefferies on Monday, April 3. The stock of ONEOK, Inc. On Sunday, August 27 the stock rating was maintained by RBC Capital Markets with "Hold". The stock has "Hold" rating by Robert W. Baird on Thursday, September 14. Bank of America downgraded the shares of HAWK in report on Friday, October 7 to "Neutral" rating. (NYSE:OKE) earned "Neutral" rating by JP Morgan on Monday, February 12. (NYSE:HD) rating on Wednesday, November 15. The firm has "Outperform" rating by Cowen & Co given on Tuesday, January 12.