Cabot Oil & Gas (COG) Reaches $24.11 After 4.00% Up Move; Shorts at INVESTEC PLC ORDINARY SHARES (IVTJF) Raised By 1.39%

February 22, 2018 - By Clifton Ray

INVESTEC PLC ORDINARY SHARES (OTCMKTS:IVTJF) had an increase of 1.39% in short interest. IVTJF’s SI was 21,900 shares in February as released by FINRA. Its up 1.39% from 21,600 shares previously. With 500 avg volume, 44 days are for INVESTEC PLC ORDINARY SHARES (OTCMKTS:IVTJF)’s short sellers to cover IVTJF’s short positions. It closed at $8.18 lastly. It is down 0.00% since February 22, 2017 and is . It has underperformed by 16.70% the S&P500.

The stock of Cabot Oil & Gas Corporation (NYSE:COG) is a huge mover today! The stock increased 3.68% or $0.855 during the last trading session, reaching $24.105. About 3.54 million shares traded. Cabot Oil & Gas Corporation (NYSE:COG) has risen 1.25% since February 22, 2017 and is uptrending. It has underperformed by 15.45% the S&P500.The move comes after 5 months positive chart setup for the $11.15B company. It was reported on Feb, 22 by Barchart.com. We have $25.07 PT which if reached, will make NYSE:COG worth $445.96 million more.

Among 33 analysts covering Cabot Oil & Gas (NYSE:COG), 21 have Buy rating, 1 Sell and 11 Hold. Therefore 64% are positive. Cabot Oil & Gas has $39 highest and $2 lowest target. $30.77’s average target is 27.65% above currents $24.105 stock price. Cabot Oil & Gas had 106 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, January 30 by Jefferies. Cowen & Co initiated it with “Market Perform” rating and $33 target in Tuesday, July 21 report. Bank of America upgraded the shares of COG in report on Friday, June 30 to “Buy” rating. Raymond James downgraded the stock to “Outperform” rating in Friday, April 21 report. The firm earned “Equal Weight” rating on Monday, May 2 by Barclays Capital. The rating was upgraded by Macquarie Research on Tuesday, June 6 to “Buy”. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, October 18. The firm earned “Buy” rating on Thursday, October 5 by Piper Jaffray. PiperJaffray maintained Cabot Oil & Gas Corporation (NYSE:COG) rating on Monday, September 18. PiperJaffray has “Overweight” rating and $31 target. RBC Capital Markets initiated it with “Buy” rating and $31 target in Tuesday, February 2 report.

Investors sentiment decreased to 1.07 in Q3 2017. Its down 0.02, from 1.09 in 2017Q2. It turned negative, as 39 investors sold Cabot Oil & Gas Corporation shares while 160 reduced holdings. 60 funds opened positions while 153 raised stakes. 435.56 million shares or 1.02% less from 440.03 million shares in 2017Q2 were reported. Moreover, X Management Ltd Liability Corporation has 0.01% invested in Cabot Oil & Gas Corporation (NYSE:COG). Sumitomo Mitsui Asset Mgmt Co reported 35,855 shares or 0.01% of all its holdings. Meeder Asset Management has 0.12% invested in Cabot Oil & Gas Corporation (NYSE:COG) for 40,414 shares. Royal Commercial Bank Of Canada owns 1.63M shares. Trexquant Invest Limited Partnership invested in 44,048 shares or 0.3% of the stock. San Francisco Sentry Investment Gp (Ca) holds 0% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG) for 187 shares. Parkwood Limited Com, a Ohio-based fund reported 187,584 shares. Next Group Inc stated it has 400 shares or 0% of all its holdings. Creative Planning has 14,133 shares. Utd Svcs Automobile Association reported 604,284 shares. Lpl Financial Limited Com owns 45,915 shares. Cleararc Incorporated holds 0.05% in Cabot Oil & Gas Corporation (NYSE:COG) or 11,871 shares. Gabelli Funds Ltd Limited Liability Company reported 160,500 shares or 0.02% of all its holdings. Dynamic Management owns 0.55% invested in Cabot Oil & Gas Corporation (NYSE:COG) for 72,160 shares. Bessemer Grp, a New Jersey-based fund reported 145,476 shares.

Cabot Oil & Gas Corporation, an independent gas and oil company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States. The company has market cap of $11.15 billion. The firm primarily focuses on the Marcellus Shale with approximately 179,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; and the Eagle Ford Shale with approximately 84,000 net acres in the oil window of the play located in Atascosa, Frio, and La Salle Counties, Texas. It currently has negative earnings. It also transports, stores, gathers, and purchases natural gas for resale.

Analysts await Cabot Oil & Gas Corporation (NYSE:COG) to report earnings on February, 23 before the open. They expect $0.09 earnings per share, up 800.00% or $0.08 from last year’s $0.01 per share. COG’s profit will be $41.63 million for 66.96 P/E if the $0.09 EPS becomes a reality. After $0.06 actual earnings per share reported by Cabot Oil & Gas Corporation for the previous quarter, Wall Street now forecasts 50.00% EPS growth.

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