Dalton Greiner Hartman Maher & Co. Has $21.37 Million Stake in Cabot Oil & Gas Co. (COG)

Dalton Greiner Hartman Maher & Co. increased its stake in Cabot Oil & Gas Co. (NYSE:COG) by 17.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 747,081 shares of the oil and gas exploration company’s stock after acquiring an additional 109,761 shares during the period. Cabot Oil & Gas makes up approximately 1.1% of Dalton Greiner Hartman Maher & Co.’s investment portfolio, making the stock its 27th biggest position. Dalton Greiner Hartman Maher & Co. owned 0.16% of Cabot Oil & Gas worth $21,367,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in COG. Stifel Financial Corp raised its stake in shares of Cabot Oil & Gas by 127.2% during 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 acquiring an additional 24,777 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in 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 worth $2,373,000 after buying an additional 5,246 shares in the last quarter. Shell Asset Management Co. raised its stake in 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 worth $4,094,000 after buying an additional 96,023 shares in the last quarter. Great West Life Assurance Co. Can raised its stake in 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 worth $14,330,000 after buying an additional 207,011 shares in the last quarter. Finally, Tredje AP fonden bought a new position in Cabot Oil & Gas in the third quarter worth approximately $1,030,000. Institutional investors own 96.01% of the company’s stock.

Shares of Cabot Oil & Gas Co. (COG) opened at $26.20 on Friday. Cabot Oil & Gas Co. has a one year low of $20.55 and a one year high of $29.57. The company has a quick ratio of 1.61, a current ratio of 1.64 and a debt-to-equity ratio of 0.49. The firm has a market cap of $12,120.00, a P/E ratio of -81.88, a PEG ratio of 0.82 and a beta of 0.53.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 7th. Investors of record on Wednesday, January 24th will be given a dividend of $0.06 per share. The ex-dividend date is Tuesday, January 23rd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.92%. This is a boost from Cabot Oil & Gas’s previous quarterly dividend of $0.05. Cabot Oil & Gas’s dividend payout ratio (DPR) is presently -75.00%.

Several equities analysts have issued reports on the stock. Susquehanna Bancshares reaffirmed a “neutral” rating and issued a $32.00 price target on shares of Cabot Oil & Gas in a report on Wednesday, January 17th. Williams Capital set a $30.00 price objective on shares of Cabot Oil & Gas and gave the company a “hold” rating in a report on Monday, October 30th. Zacks Investment Research raised shares of Cabot Oil & Gas from a “sell” rating to a “hold” rating in a report on Wednesday, October 25th. Raymond James Financial lowered shares of Cabot Oil & Gas from an “outperform” rating to a “sell” rating in a report on Tuesday, January 2nd. Finally, Barclays upped their price target on shares of Cabot Oil & Gas from $30.00 to $31.00 and gave the company an “overweight” rating in a report on Monday, October 30th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. Cabot Oil & Gas presently has a consensus rating of “Hold” and a consensus price target 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.

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

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