As Cabot Oil & Gas (COG) Market Value Declined, Tobam Has Trimmed Stake by $1.16 Million; General Electric Co (GE) Shareholder Town & Country Bank & Trust Company Dba First Bankers Trust Company Has Trimmed Stake by $348,725 as Stock Price Declined

June 15, 2018 - By Adrian Mccoy

Cabot Oil & Gas Corporation (NYSE:COG) Logo

Tobam decreased its stake in Cabot Oil & Gas Corp (COG) by 51.61% based on its latest 2018Q1 regulatory filing with the SEC. Tobam sold 50,305 shares as the company’s stock declined 9.78% with the market. The institutional investor held 47,169 shares of the oil & gas production company at the end of 2018Q1, valued at $1.13 million, down from 97,474 at the end of the previous reported quarter. Tobam who had been investing in Cabot Oil & Gas Corp for a number of months, seems to be less bullish one the $10.66 billion market cap company. The stock decreased 1.01% or $0.24 during the last trading session, reaching $23.61. About 4.77 million shares traded. Cabot Oil & Gas Corporation (NYSE:COG) has declined 1.53% since June 15, 2017 and is downtrending. It has underperformed by 14.10% the S&P500.

Town & Country Bank & Trust Company Dba First Bankers Trust Company decreased its stake in General Electric Co (GE) by 21.89% based on its latest 2018Q1 regulatory filing with the SEC. Town & Country Bank & Trust Company Dba First Bankers Trust Company sold 26,825 shares as the company’s stock declined 0.14% with the market. The institutional investor held 95,692 shares of the consumer electronics and appliances company at the end of 2018Q1, valued at $1.29 million, down from 122,517 at the end of the previous reported quarter. Town & Country Bank & Trust Company Dba First Bankers Trust Company who had been investing in General Electric Co for a number of months, seems to be less bullish one the $118.47B market cap company. The stock decreased 1.80% or $0.25 during the last trading session, reaching $13.64. About 60.67M shares traded. General Electric Company (NYSE:GE) has declined 46.78% since June 15, 2017 and is downtrending. It has underperformed by 59.35% the S&P500. Some Historical GE News: 17/04/2018 – ITALY’S GOVERNMENT SAYS HAS DECIDED TO USE SPECIAL POWERS ON LICENCE GIVEN BY AVIO SPA AND GE AVIO TO ARIANEGROUP FOR THE DEVELOPMENT OF AEROSPACE MATERIAL; 26/03/2018 – Retail Al Software Provider Fract Announces Partnership with Current, Powered by GE; 20/04/2018 – General Electric 1Q Adjusted Industrial Operating Margin 10.2%, Up 60 Basis Points; 27/03/2018 – GE (GE) Gains as Warren Buffett Rumors Swirl; 09/03/2018 – GE IS SAID TO EXPLORE SALE OF ELECTRICAL ENGINEERING UNIT: RTRS; 13/04/2018 – GE – FOR LONG-TERM SERVICE AGREEMENTS, TO CONTINUE TO RECOGNIZE REV USING PCT OF COMPLETION BASED ON COSTS INCURRED RELATIVE TO TOTAL ESTIMATED COSTS; 12/03/2018 – GE: BOARD WEIGHED CEO/CHAIR SPLIT, OPTED TO KEEP ROLES COMBINED; 11/04/2018 – FLYNAS SIGNS AGREEMENT WITH CFM INTERNATIONAL FOR LEAP-1A ENGINES; 16/04/2018 – GENERAL ELECTRIC CO – GE’S POWER SERVICES BUSINESS ANNOUNCED IT WILL SERVICE POWER GENERATION EQUIPMENT IN 11 POWER PLANTS OWNED BY PETROBRAS; 14/03/2018 – GE AVIATION – SEES 2018 SALES GROWTH OF ABOUT 7 PCT TO 10 PCT

Another recent and important Cabot Oil & Gas Corporation (NYSE:COG) news was published by Benzinga.com which published an article titled: “Benzinga’s Insider Buys Of The Week: Cabot, CBOE, Salesforce And More” on June 04, 2018.

Since May 17, 2018, it had 1 buy, and 1 sale for $1.09 million activity. The insider KELLEY ROBERT bought $1.11M.

Tobam, which manages about $5.57 billion and $2.43 billion US Long portfolio, upped its stake in C.H. Robinson Worldwide Inc (NASDAQ:CHRW) by 53,360 shares to 538,475 shares, valued at $50.46M in 2018Q1, according to the filing. It also increased its holding in Limited Brands Inc (LTD) by 155,058 shares in the quarter, for a total of 358,558 shares, and has risen its stake in Mattel Inc (NASDAQ:MAT).

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.35, from 1.28 in 2017Q4. It fall, as 58 investors sold COG shares while 157 reduced holdings. 53 funds opened positions while 146 raised stakes. 417.12 million shares or 5.90% less from 443.27 million shares in 2017Q4 were reported. Colony Gp Limited Liability invested in 0.07% or 55,638 shares. Kbc Grp Nv holds 274,738 shares or 0.06% of its portfolio. Tarbox Family Office has 228 shares for 0% of their portfolio. 4.96 million were reported by Millennium Ltd Liability Corporation. The Massachusetts-based Cambridge Commerce has invested 0.04% in Cabot Oil & Gas Corporation (NYSE:COG). 248,506 are owned by Toronto Dominion Natl Bank. 188 are held by Winslow Evans Crocker. Metropolitan Life Insurance Ny reported 0% in Cabot Oil & Gas Corporation (NYSE:COG). Dimensional Fund Advsrs Ltd Partnership invested in 1.24M shares or 0.01% of the stock. Princeton Port Strategies Group Lc holds 0.79% or 115,600 shares. Earnest Ptnrs Llc holds 0% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG) for 348 shares. Natl Bank Of The West holds 0.03% in Cabot Oil & Gas Corporation (NYSE:COG) or 9,527 shares. Teacher Retirement Sys Of Texas holds 102,399 shares or 0.02% of its portfolio. Ls Investment Advsrs Limited Liability Company has 0.02% invested in Cabot Oil & Gas Corporation (NYSE:COG) for 16,819 shares. Brown Brothers Harriman And reported 2,376 shares.

Among 35 analysts covering Cabot Oil & Gas (NYSE:COG), 20 have Buy rating, 2 Sell and 13 Hold. Therefore 57% are positive. Cabot Oil & Gas had 121 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Underperform” rating by Bank of America given on Wednesday, January 4. The company was maintained on Tuesday, February 23 by Topeka Capital Markets. The firm earned “Buy” rating on Friday, November 10 by Cowen & Co. The rating was reinitiated by Piper Jaffray on Monday, May 1 with “Overweight”. As per Friday, April 27, the company rating was maintained by Williams Capital Group. The firm earned “Overweight” rating on Monday, January 23 by Barclays Capital. The company was maintained on Tuesday, October 10 by BMO Capital Markets. Credit Suisse initiated Cabot Oil & Gas Corporation (NYSE:COG) on Monday, December 11 with “Hold” rating. The firm has “Equal-Weight” rating given on Thursday, September 1 by Barclays Capital. Citigroup maintained it with “Neutral” rating and $26 target in Monday, September 14 report.

Analysts await Cabot Oil & Gas Corporation (NYSE:COG) to report earnings on July, 26. They expect $0.18 EPS, up 28.57% or $0.04 from last year’s $0.14 per share. COG’s profit will be $81.27M for 32.79 P/E if the $0.18 EPS becomes a reality. After $0.27 actual EPS reported by Cabot Oil & Gas Corporation for the previous quarter, Wall Street now forecasts -33.33% negative EPS growth.

Town & Country Bank & Trust Company Dba First Bankers Trust Company, which manages about $190.07 million US Long portfolio, upped its stake in Brown Forman Corp (NYSE:BF.B) by 19,795 shares to 60,177 shares, valued at $3.27M in 2018Q1, according to the filing.

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 20. They expect $0.17 earnings per share, down 39.29% or $0.11 from last year’s $0.28 per share. GE’s profit will be $1.48B for 20.06 P/E if the $0.17 EPS becomes a reality. After $0.16 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts 6.25% EPS growth.

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company had 104 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Hold” rating by CFRA on Friday, July 21. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by BMO Capital Markets on Thursday, March 23. Tigress Financial maintained the shares of GE in report on Thursday, December 28 with “Hold” rating. J.P. Morgan maintained General Electric Company (NYSE:GE) rating on Thursday, March 29. J.P. Morgan has “Sell” rating and $1100 target. The stock of General Electric Company (NYSE:GE) has “Underweight” rating given on Monday, February 12 by JP Morgan. On Tuesday, January 30 the stock rating was maintained by Stifel Nicolaus with “Hold”. The rating was upgraded by TheStreet to “Buy” on Tuesday, July 21. Stifel Nicolaus maintained General Electric Company (NYSE:GE) on Thursday, February 15 with “Hold” rating. As per Monday, October 19, the company rating was maintained by Stifel Nicolaus. Credit Suisse maintained General Electric Company (NYSE:GE) rating on Thursday, October 5. Credit Suisse has “Outperform” rating and $30 target.

More notable recent General Electric Company (NYSE:GE) news were published by: 247Wallst.com which released: “General Electric Announces Venture to Manage Drone Traffic” on June 07, 2018, also Fool.com with their article: “Rolls-Royce Jet Engine Flaws Spell Opportunity for GE” published on June 15, 2018, Seekingalpha.com published: “General Electric’s Digital Growth Is Impressive” on June 13, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Globenewswire.com and their article: “GE Introduces New Femto DLynx IIâ„¢ Buck Converters with Company’s Smallest-to-Date Footprint” published on June 12, 2018 as well as Seekingalpha.com‘s news article titled: “Either GE Or Its Dividend, And Possibly Both, Are Set To Shrink” with publication date: June 12, 2018.

General Electric Company (NYSE:GE) Institutional Positions Chart

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