Economy

Robert Kelley Acquires 2000 Shares of Cabot Oil & Gas Corporation (COG) Stock

Cabot Oil & Gas Corporation (NYSE:COG) on November 1, 2017 saw a modest increase, closing the day at $27.70, or a increase of $0.21 or (0.76%).Volume levels spiked and COG actually managed a breakout which translated to 7.15 million shares changing hands on the day. The firm now has a hold rating on the oil and gas exploration company's stock.

Several other research analysts also recently issued reports on COG. Finally, Zacks Investment Research upgraded Cabot Oil & Gas Corporation from a "sell" rating to a "hold" rating in a report on Wednesday, October 25th. Currently, Cabot Oil & Gas Corporation net profit margin for the 12 months is at -8.8%. Johnson Rice upgraded Cabot Oil & Gas Corporation from an "accumulate" rating to a "buy" rating in a report on Monday. The firm has "Hold" rating by Williams Capital Group given on Tuesday, July 18. Current trade price levels places COG's stock about -0.32% away from the 52-week high and closed 39.41% away from the 52-week low.

The consensus analysts recommendation at this point stands at 2.20 on this stock. COG stock price revealed optimistic move of 15.29% comparing average price of last 200 days. The stock of Cabot Oil & Gas Corporation (NYSE:COG) has "Buy" rating given on Monday, October 26 by Topeka Capital Markets. In this case, shares are 24.03% higher, the worst price in 52 weeks suffered on November 03, 2016, but are collecting gains at -1.14% for the past six months. Envestnet Asset Mngmt invested 0% in Cabot Oil & Gas Corporation (NYSE:COG). Covering sell-side analysts are estimating company growth for next year to be 58.61%. During the same period past year, the company earned $0.03 earnings per share. The company's quarterly revenue was up 24.2% on a year-over-year basis.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. If you are viewing this piece on another publication, it was copied illegally and reposted in violation of US and global trademark & copyright legislation. The original version of this piece can be read at https://www.dispatchtribunal.com/2017/11/03/bp-plc-purchases-shares-of-55000-cabot-oil-gas-corporation-cog.html. Investors of record on Wednesday, November 8th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.71%.

Investors may be interested in checking on some technical signals for Cabot Oil & Gas Corp (COG). The shares were acquired at an average price of $27.47 per share, for a total transaction of $54,940.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

In other Cabot Oil & Gas Corp. news, insider George Kevin Cunningham sold 3,000 shares of the stock in a transaction that occurred on Tuesday, September 13th. In similar to other moving averages way, the TEMA indicator is used to identify trends and generate trading signals. Following the completion of the transaction, the director now directly owns 619,500 shares in the company, valued at $17,017,665. The disclosure for this purchase can be found here.

Analysts look for public financial statements, listen in on conference calls and talk to managers and customers of a company in order to reach an opinion and communicate the value of a stock. Sanders Capital LLC lifted its stake in shares of Cabot Oil & Gas Corporation by 7.2% in the third quarter. Cadence Capital Management LLC now owns 17,285 shares of the oil and gas exploration company's stock valued at $434,000 after buying an additional 127 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Cabot Oil & Gas Corp.by 3.2% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 165,521 shares of the oil and gas exploration company's stock valued at $4,151,000 after purchasing an additional 61,978 shares during the period. Thrivent Financial For Lutherans increased its holdings in shares of Cabot Oil & Gas Corporation by 1.8% in the 2nd quarter. Cadence Capital Management LLC increased its holdings in shares of Cabot Oil & Gas Corporation by 0.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 9,917 shares of the oil and gas exploration company's stock valued at $249,000 after purchasing an additional 271 shares during the period. The most recent shifts in number of shares owned by institutions came on June 30, 2017 when Blackrock Inc. sold 436564 shares from its total ownership of 32.54 million.



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