Advisory Research Inc. boosted its position in shares of Cabot Oil & Gas Co. (NYSE:COG) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 943,294 shares of the oil and gas exploration company’s stock after buying an additional 59,978 shares during the period. Advisory Research Inc.’s holdings in Cabot Oil & Gas were worth $26,978,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Stifel Financial Corp increased its holdings in shares of Cabot Oil & Gas by 127.2% in the second 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 period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Cabot Oil & Gas by 6.3% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 88,713 shares of the oil and gas exploration company’s stock valued at $2,373,000 after purchasing an additional 5,246 shares during the period. Shell Asset Management Co. increased its holdings in shares of Cabot Oil & Gas by 328.6% in the third quarter. Shell Asset Management Co. now owns 125,242 shares of the oil and gas exploration company’s stock valued at $4,094,000 after purchasing an additional 96,023 shares during the period. Great West Life Assurance Co. Can increased its holdings in shares of Cabot Oil & Gas by 63.0% in the third quarter. Great West Life Assurance Co. Can now owns 535,560 shares of the oil and gas exploration company’s stock valued at $14,330,000 after purchasing an additional 207,011 shares during the period. Finally, Tredje AP fonden acquired a new position in shares of Cabot Oil & Gas in the third quarter valued at approximately $1,030,000. 97.01% of the stock is currently owned by institutional investors.

Cabot Oil & Gas Co. (NYSE COG) opened at $24.00 on Thursday. Cabot Oil & Gas Co. has a twelve month low of $21.40 and a twelve month high of $29.57. The firm has a market capitalization of $10,975.32, a price-to-earnings ratio of -77.42, a P/E/G ratio of 0.63 and a beta of 0.39. The company has a current ratio of 1.64, a quick ratio of 1.61 and a debt-to-equity ratio of 0.49.

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 7th. Shareholders of record on Wednesday, January 24th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a 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 payout ratio is presently -77.42%.

A number of research firms have recently issued reports on COG. KeyCorp set a $30.00 target price on Cabot Oil & Gas and gave the company a “buy” rating in a report on Saturday, November 25th. JPMorgan Chase & Co. set a $37.00 target price on Cabot Oil & Gas and gave the company a “buy” rating in a report on Monday, November 27th. Barclays boosted their target price on Cabot Oil & Gas from $31.00 to $32.00 and gave the company an “overweight” rating in a report on Monday, November 20th. Scotiabank reissued a “buy” rating on shares of Cabot Oil & Gas in a report on Wednesday, November 22nd. Finally, Zacks Investment Research lowered Cabot Oil & Gas from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 4th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Cabot Oil & Gas currently has an average rating of “Hold” and an average target price of $31.53.

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Cabot Oil & Gas 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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