As Cabot Corp (CBT) Shares Declined, Shareholder Fiduciary Trust Company Increased Its Stake

June 27, 2018 - By Bridget Boland

Cabot Corporation (NYSE:CBT) Corporate LogoDuring 2018 Q1 the big money sentiment decreased to 0.84. That’s change of 0.23, from 2017Q4’s 1.07. 13 investors sold all, 112 reduced holdings as CBT ratio fall. 71 rose positions while 34 funds acquired positions. Funds hold 51.35 million shares thus 0.74% less from 2017Q4’s 51.73 million shares. Earnest Limited Liability holds 0.81% or 1.54 million shs in its capital. United Automobile Association holds 9,923 shs. Tiaa Cref Investment Lc accumulated 0% or 90,612 shs. Moreover, Voya Inv Management Ltd Co has 0.01% invested in Cabot Corporation (NYSE:CBT). First Personal Fincl stated it has 617 shs or 0.01% of all its holdings. Stratos Wealth Prtnrs Ltd holds 0% of its capital in Cabot Corporation (NYSE:CBT) for 6 shs. Moreover, Hillcrest Asset Ltd Liability Company has 1.66% invested in Cabot Corporation (NYSE:CBT). Public Employees Retirement Of Ohio holds 0.02% in Cabot Corporation (NYSE:CBT) or 53,153 shs. Northwestern Mutual Wealth Mngmt invested 0% of its capital in Cabot Corporation (NYSE:CBT). 96 were accumulated by Whittier Tru Comm. Dean Invest Assocs Ltd Com invested in 0.5% or 60,845 shs. Bridgewater Assoc Ltd Partnership holds 0% or 9,067 shs. Us Financial Bank De holds 23,233 shs. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys owns 16,665 shs or 0.01% of their US capital. Bank Of Montreal Can owns 49,404 shs.

CBT had 10 sales and 1 buy since May 14, 2018. This’s net activity of $23.86 million. 6,151 shs were sold by Prevost Patrick M., worth $394,218 on Tuesday, June 12. BERUBE BRIAN A also sold $440,853 worth of Cabot Corporation (NYSE:CBT) on Thursday, May 31. Shares for $937,416 were sold by Cross Nicholas S. on Monday, May 14. 2,500 Cabot Corporation (NYSE:CBT) shs with value of $160,200 were sold by Kelly James Patrick. 4,149 Cabot Corporation (NYSE:CBT) shs with value of $264,706 were sold by Kalkstein Hobart. $3.75M worth of Cabot Corporation (NYSE:CBT) was sold by Keohane Sean D.

Fiduciary Trust Company upped its holdings by 12.04% in Cabot Corp (CBT), according to 2018Q1 Securities and Exchange form. The company’s stock declined 8.91% with the market as Fiduciary Trust Company bought 139,192 shares. At the end of 2018Q1, the 1.30 million shares of the major chemicals company held by the institutional investor were valued at $72.18M, up from 1.16M at the end of the previous reported quarter. For a total of 529,510 shares it reduced its holding in Ishares Tr (CSJ) by 57,387 shares in the quarter, and has cut its stake in Ishares Tr (GVI).

Cabot Corporation (NYSE:CBT) Ratings Coverage

In total 6 analysts cover Cabot (NYSE:CBT). “Buy” rating has 6, “Sell” are 0, while 0 are “Hold”. 100% are bullish. With $120.0 highest and $6700 lowest target price Cabot has $84.40 average target price or 35.47% above the current ($62.3) price. 8 are the (NYSE:CBT)’s analyst reports since January 5, 2018 according to StockzIntelligence Inc. On Wednesday, May 9 the company was upgraded by Robert W. Baird. On Tuesday, April 17 Robert W. Baird maintained the shares of CBT in report with “Hold” rating. On Monday, February 12 the rating was maintained by Northcoast with “Buy”. On Thursday, February 8 the firm has “Buy” rating given by Jefferies. In Friday, January 5 report Loop Capital upgraded the stock to “Buy” rating.

Cabot Corporation (NYSE:CBT) Institutional Investors Chart

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