Cabot Oil & Gas (COG) Holder Mountain Lake Investment Management Trimmed Its Stake as Stock Value Declined; Firsthand Capital Management Raised Its Guidewire Software (GWRE) Holding by $3.70 Million

April 24, 2018 - By Clifton Ray

Cabot Oil & Gas Corporation (NYSE:COG) Logo

Firsthand Capital Management Inc increased its stake in Guidewire Software Inc. (GWRE) by 1000% based on its latest 2017Q4 regulatory filing with the SEC. Firsthand Capital Management Inc bought 50,000 shares as the company’s stock rose 8.79% while stock markets declined. The institutional investor held 55,000 shares of the technology company at the end of 2017Q4, valued at $4.08M, up from 5,000 at the end of the previous reported quarter. Firsthand Capital Management Inc who had been investing in Guidewire Software Inc. for a number of months, seems to be bullish on the $6.83B market cap company. The stock increased 0.01% or $0.0125 during the last trading session, reaching $85.4725. About 52,929 shares traded. Guidewire Software, Inc. (NYSE:GWRE) has risen 42.07% since April 24, 2017 and is uptrending. It has outperformed by 30.52% the S&P500.

Mitch Cantor decreased its stake in Cabot Oil & Gas Corp (COG) by 39.02% based on its latest 2017Q4 regulatory filing with the SEC. Mountain Lake Investment Management Llc sold 80,000 shares as the company’s stock declined 13.77% with the market. The hedge fund run by Mitch Cantor held 125,000 shares of the oil & gas production company at the end of 2017Q4, valued at $3.58 million, down from 205,000 at the end of the previous reported quarter. Mountain Lake Investment Management Llc who had been investing in Cabot Oil & Gas Corp for a number of months, seems to be less bullish one the $10.85B market cap company. The stock increased 0.92% or $0.22 during the last trading session, reaching $23.53. About 727,473 shares traded. Cabot Oil & Gas Corporation (NYSE:COG) has risen 2.54% since April 24, 2017 and is uptrending. It has underperformed by 9.01% the S&P500.

Among 34 analysts covering Cabot Oil & Gas (NYSE:COG), 20 have Buy rating, 1 Sell and 13 Hold. Therefore 59% are positive. Cabot Oil & Gas had 115 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating by Tudor Pickering given on Friday, April 15. As per Thursday, August 11, the company rating was upgraded by Howard Weil. The rating was upgraded by Citigroup to “Buy” on Wednesday, January 3. The firm has “Hold” rating given on Thursday, December 21 by Williams Capital Group. Cowen & Co initiated the shares of COG in report on Tuesday, July 21 with “Market Perform” rating. The firm has “Overweight” rating by Barclays Capital given on Monday, January 23. Barclays Capital maintained it with “Equal-Weight” rating and $23 target in Thursday, September 1 report. Drexel Hamilton maintained the stock with “Buy” rating in Monday, August 15 report. As per Tuesday, February 28, the company rating was downgraded by Bernstein. The stock of Cabot Oil & Gas Corporation (NYSE:COG) has “Buy” rating given on Wednesday, December 20 by Piper Jaffray.

Analysts await Cabot Oil & Gas Corporation (NYSE:COG) to report earnings on April, 27 before the open. They expect $0.24 EPS, up 41.18% or $0.07 from last year’s $0.17 per share. COG’s profit will be $110.70M for 24.51 P/E if the $0.24 EPS becomes a reality. After $0.12 actual EPS reported by Cabot Oil & Gas Corporation for the previous quarter, Wall Street now forecasts 100.00% EPS growth.

Investors sentiment increased to 1.28 in Q4 2017. Its up 0.21, from 1.07 in 2017Q3. It is positive, as 35 investors sold COG shares while 148 reduced holdings. 69 funds opened positions while 165 raised stakes. 443.27 million shares or 1.77% more from 435.56 million shares in 2017Q3 were reported. Wetherby Asset Mngmt has invested 0.03% in Cabot Oil & Gas Corporation (NYSE:COG). Amalgamated Bank & Trust has 0.04% invested in Cabot Oil & Gas Corporation (NYSE:COG). Reilly Fincl Advisors Limited Liability Corporation has invested 0% in Cabot Oil & Gas Corporation (NYSE:COG). Stifel Fincl reported 0% stake. State Of Tennessee Treasury Department reported 1.03M shares stake. Bluemountain Capital Limited Com accumulated 154,028 shares or 0.09% of the stock. Price T Rowe Md holds 0.01% or 1.12M shares in its portfolio. Rafferty Asset Management Limited reported 50,776 shares. Raymond James And Associate has invested 0% in Cabot Oil & Gas Corporation (NYSE:COG). Element Capital Management Limited Com owns 2.14M shares. Tiverton Asset Mngmt Ltd Liability invested in 6,155 shares or 0.01% of the stock. Moreover, Rockefeller Fincl Svcs has 0.58% invested in Cabot Oil & Gas Corporation (NYSE:COG). Segment Wealth Limited Liability Company reported 181,344 shares. Susquehanna Group Limited Liability Partnership owns 0% invested in Cabot Oil & Gas Corporation (NYSE:COG) for 20,163 shares. 189 were accumulated by Plante Moran Fin Ltd.

Investors sentiment increased to 1.48 in Q4 2017. Its up 0.20, from 1.28 in 2017Q3. It is positive, as 33 investors sold GWRE shares while 51 reduced holdings. 42 funds opened positions while 82 raised stakes. 78.53 million shares or 2.80% more from 76.39 million shares in 2017Q3 were reported. Regis Mngmt Co Limited Liability Corporation holds 69,732 shares. Brinker Capital invested in 0.03% or 9,053 shares. Oppenheimer Asset Mgmt owns 11,007 shares for 0.02% of their portfolio. Ubs Asset Management Americas Inc invested 0% of its portfolio in Guidewire Software, Inc. (NYSE:GWRE). Amalgamated Savings Bank owns 0.03% invested in Guidewire Software, Inc. (NYSE:GWRE) for 14,750 shares. Jpmorgan Chase & holds 3.37M shares. Blackrock invested in 0.01% or 3.33M shares. Columbia Wanger Asset Mgmt Ltd reported 226,040 shares. Tiaa Cref Management Limited Liability reported 0.01% stake. Citadel reported 0.01% stake. King Luther invested 0.01% of its portfolio in Guidewire Software, Inc. (NYSE:GWRE). Metropolitan Life Insur Co Ny owns 3,542 shares or 0% of their US portfolio. Century has 0.07% invested in Guidewire Software, Inc. (NYSE:GWRE). The Illinois-based Prudential Pcl has invested 0% in Guidewire Software, Inc. (NYSE:GWRE). State Of Wisconsin Board stated it has 0% in Guidewire Software, Inc. (NYSE:GWRE).

Since December 11, 2017, it had 0 buys, and 39 sales for $13.68 million activity. Brown Andrew William Fraser had sold 2,585 shares worth $199,730 on Friday, January 12. Conway Craig sold 600 shares worth $48,102. 1,114 shares were sold by Hart Richard, worth $81,098. Another trade for 136 shares valued at $11,220 was made by Hung Priscilla on Monday, March 5. On Monday, April 16 Polelle Michael sold $17,192 worth of Guidewire Software, Inc. (NYSE:GWRE) or 209 shares. King James Winston sold 124 shares worth $9,548.

Guidewire Software, Inc. (NYSE:GWRE) Institutional Positions Chart

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