Natixis Advisors L.P. increased its position in Cabot Oil & Gas Co. (NYSE:COG) by 104.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 203,495 shares of the oil and gas exploration company’s stock after acquiring an additional 104,057 shares during the period. Natixis Advisors L.P.’s holdings in Cabot Oil & Gas were worth $4,548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Whittier Trust Co. raised its stake in Cabot Oil & Gas by 97.2% in the 4th quarter. Whittier Trust Co. now owns 1,430 shares of the oil and gas exploration company’s stock worth $32,000 after acquiring an additional 705 shares during the last quarter. Lavaca Capital LLC purchased a new position in Cabot Oil & Gas in the 4th quarter worth $45,000. Oregon Public Employees Retirement Fund raised its stake in Cabot Oil & Gas by 2,028.1% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,071,615 shares of the oil and gas exploration company’s stock worth $48,000 after acquiring an additional 1,021,260 shares during the last quarter. JOYN Advisors Inc. grew its position in Cabot Oil & Gas by 31.2% during the 4th quarter. JOYN Advisors Inc. now owns 2,151 shares of the oil and gas exploration company’s stock worth $48,000 after purchasing an additional 511 shares during the period. Finally, Meeder Asset Management Inc. grew its position in Cabot Oil & Gas by 1,244.7% during the 4th quarter. Meeder Asset Management Inc. now owns 2,528 shares of the oil and gas exploration company’s stock worth $57,000 after purchasing an additional 2,340 shares during the period. Institutional investors own 99.98% of the company’s stock.

NYSE:COG opened at $25.93 on Friday. Cabot Oil & Gas Co. has a 52 week low of $20.94 and a 52 week high of $27.40. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.86 and a current ratio of 1.90. The stock has a market cap of $11.01 billion, a PE ratio of 22.95, a price-to-earnings-growth ratio of 0.34 and a beta of 0.62.

Cabot Oil & Gas (NYSE:COG) last posted its earnings results on Friday, February 22nd. The oil and gas exploration company reported $0.55 EPS for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.03). Cabot Oil & Gas had a net margin of 25.46% and a return on equity of 23.35%. The business had revenue of $716.30 million for the quarter, compared to analyst estimates of $659.51 million. During the same quarter last year, the business earned $0.13 earnings per share. Cabot Oil & Gas’s revenue was up 78.9% on a year-over-year basis. As a group, analysts expect that Cabot Oil & Gas Co. will post 1.77 EPS for the current fiscal year.

Several brokerages have weighed in on COG. Goldman Sachs Group downgraded Cabot Oil & Gas from a “buy” rating to a “neutral” rating and set a $29.00 price target on the stock. in a research report on Tuesday, November 20th. Morgan Stanley set a $27.00 price target on Cabot Oil & Gas and gave the stock a “hold” rating in a research report on Tuesday, January 29th. Zacks Investment Research downgraded Cabot Oil & Gas from a “buy” rating to a “hold” rating in a research report on Tuesday, November 20th. JPMorgan Chase & Co. set a $32.00 price target on Cabot Oil & Gas and gave the stock a “buy” rating in a research report on Friday, December 7th. Finally, Williams Capital set a $27.00 price target on Cabot Oil & Gas and gave the stock a “hold” rating in a research report on Wednesday, December 12th. Ten analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $28.07.

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About Cabot Oil & Gas

Cabot Oil & Gas Corporation, an independent oil and gas company, explores for, exploits, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States. It primarily focuses on the Marcellus Shale with approximately 172,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; and the Eagle Ford Shale with approximately 79,000 net acres in the oil window of the play located in Atascosa, Frio, and La Salle Counties, Texas.

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Institutional Ownership by Quarter for Cabot Oil & Gas (NYSE:COG)

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