Cabot Corp (NYSE:CBT) Sentiment Falls to 0.84, Because

June 29, 2018 - By Anthony Rauscher

Cabot Corporation (NYSE:CBT) Corporate Logo

Positions for Cabot Corp (NYSE:CBT)

In 2018 Q1 Cabot Corp (NYSE:CBT) big money sentiment decreased to 0.84, according to SEC.gov filings. So its down -0.23, from 2017Q4’s 1.07. 105 funds started new or increased holdings, while 125 trimmed and sold stakes in Cabot Corp so the sentiment is negative. Funds own 51.35 million shares, down from 51.73 million shares in 2017Q4. Funds holding Cabot Corp in top 10 decreased from 3 to 2 for a decrease of 1. In total 13 funds closed positions, 112 reduced and 71 increased. Also 34 funds bought new Cabot Corp stakes.

Biggest Cabot Corp Investors

As of 2018 Q1 Cabot has 14.52% invested in Cabot Corp. Cabot Corp’s shareholder Fiduciary Trust Co owns 1.30 million shares as of 2018 Q1. Moreover, Snyder Capital Management L P reported 740,516 shares in Cabot Corp equivalent to 2.04% of its stocks portfolio. Zpr Investment Management revealed 23,482 shares position in Cabot Corp. The Texas-based fund Hillcrest Asset Management Llc looks positive on Cabot Corp, having 148,507 shares.

Cabot Corporation operates as a specialty chemicals and performance materials company.The company has $3.85 billion market cap. The firm offers carbon black, a form of elemental carbon used to enhance the physical properties of the systems and applications in which it is incorporated; and rubber blacks for use as a rubber reinforcing agent and performance additive in tires, hoses, belts, extruded profiles, and molded goods.Last it reported negative earnings. It also provides compounds of carbon black and rubber primarily for tire applications; and cesium formate, a drilling and completion fluid for use in high pressure and high temperature gas and oil well construction.

CBT touched $62.26 during the last trading session after $0.86 change.Currently Cabot Corporation is uptrending after 11.28% change in last June 29, 2017. CBT has 72,852 shares volume. CBT underperformed the S&P 500 by 1.29%.

On August, 7. Investors wait Cabot Corporation (NYSE:CBT) to report its quarterly earnings, according to RTT. The earnings per share diference is $0.23 or 28.40 % up from last years number. Previous year: $0.81; Analysts forcast: $1.04. If earnings per share of $1.04 is published the profit of CBT could hit $64.29M giving it 14.97 P/E. Wall Street predicts 0.00 % EPS growth as of August, 7.

North Star Investment Management Corp has invested 0.01% in Cabot Corporation (NYSE:CBT). Royal Bancorporation Of Canada stated it has 0% of its capital in Cabot Corporation (NYSE:CBT). Eaton Vance holds 0% or 14,265 shs in its capital. Oregon Pub Employees Retirement Fund, a Oregon-based fund reported 23,438 shs. Oakbrook Invests Ltd Liability invested 0.02% in Cabot Corporation (NYSE:CBT). Mason Street Limited Liability Company has invested 0.04% of its capital in Cabot Corporation (NYSE:CBT). Huntington Bank & Trust holds 0% or 250 shs in its capital. Prudential Financial holds 0% in Cabot Corporation (NYSE:CBT) or 47,857 shs. Raymond James Associates holds 0% of its capital in Cabot Corporation (NYSE:CBT) for 4,683 shs. Aqr Capital Mngmt Ltd Liability Corporation holds 0.07% or 1.13M shs in its capital. Axa accumulated 160,870 shs. Pnc Financial Svcs Group Inc holds 0% or 5,918 shs. 10,000 were accumulated by Wright Invsts Ser. Bnp Paribas Arbitrage Sa has 0% invested in Cabot Corporation (NYSE:CBT) for 3,154 shs. Jacobs Levy Equity Mngmt Incorporated invested 0.15% in Cabot Corporation (NYSE:CBT).

Cabot Corporation registered $23.86 million net activity with 1 insider purchase and 10 sales since May 14, 2018. $259,080 worth of Cabot Corporation (NYSE:CBT) was sold by von Gottberg Friedrich. The insider Prevost Patrick M. sold $394,218. On Thursday, June 7 Shares for $264,706 were sold by Kalkstein Hobart. Another trade for 15,370 shs valued at $937,416 was sold by Cross Nicholas S.. On Tuesday, June 5 59,537 shs were sold by Keohane Sean D, worth $3.75 million. Morrow Michael M bought 2,000 shs worth $123,580.

Cabot Corporation (NYSE:CBT) Ratings Coverage

A total of 6 analysts rate Cabot (NYSE:CBT) as follows: 6 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. (NYSE:CBT) has 8 ratings reports on 29 Jun 2018 according to StockzIntelligence. The company rating was maintained by Jefferies on Thursday, February 8. On Tuesday, April 17 the stock has “Hold” rating by Robert W. Baird. On Friday, January 5 the firm has “Buy” rating by Loop Capital given. On Wednesday, May 9 the stock has “Buy” rating by Robert W. Baird. The company rating was maintained by Northcoast on Monday, February 12.

Another two news for Cabot Corporation (NYSE:CBT) were briefly posted by: Nasdaq.com on June 29, 2018 with title “Report: Exploring Fundamental Drivers Behind Ashford Hospitality Trust, Apogee Enterprises, Airgain, Cabot …”. The other Nasdaq.com‘s article was titled “Nexeo Solutions Named Distributor in Canada for Cabot Corporation” and posted on June 14, 2018.

Cabot Corporation (NYSE:CBT) Institutional Investors Chart

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