*Fiduciary Trust Company Continues to Hold Stake in Cabot Corp (CBT)

June 27, 2018 - By Noel Courtney

Cabot Corporation (NYSE:CBT) Corporate LogoBig Money Sentiment decreased to 0.84 in Q1 2018. It has change of 0.23, from 2017Q4’s 1.07. The ratio worsened due to CBT positioning: 13 sold and 112 reduced. 34 funds took holdings and 71 increased holdings. Investors holded 51.73 million in 2017Q4 but now own 51.35 million shares or 0.74% less. Fmr Limited Liability Corp holds 0.01% or 1.39 million shs. Natixis reported 0.04% stake. 10,267 were accumulated by Gideon Advsr. Bridgewater Associates Lp reported 9,067 shs. Comerica Savings Bank has 0.05% invested in Cabot Corporation (NYSE:CBT). Nomura Holdg has invested 0% in Cabot Corporation (NYSE:CBT). Amundi Pioneer Asset Management accumulated 0.01% or 57,232 shs. Proshare Advsrs holds 0% of its capital in Cabot Corporation (NYSE:CBT) for 10,180 shs. Bnp Paribas Arbitrage Sa holds 0% of its capital in Cabot Corporation (NYSE:CBT) for 3,154 shs. 17 were accumulated by Cornerstone Advsrs Inc. Los Angeles Management Equity Research Inc holds 0.03% or 81,112 shs. Thrivent For Lutherans reported 14,047 shs. Smithfield holds 0% in Cabot Corporation (NYSE:CBT) or 45 shs. Ubs Asset Americas reported 76,395 shs. Citigroup reported 0% stake.

CBT registered $23.86 million net activity with 1 buying transaction and 10 sales since May 14, 2018. On Tuesday, June 12 Shares for $394,218 were sold by Prevost Patrick M.. BERUBE BRIAN A sold $440,853 worth of Cabot Corporation (NYSE:CBT) on Thursday, May 31. Kelly James Patrick sold $160,200 worth of stock. On Monday, May 14 $937,416 worth of stock was sold by Cross Nicholas S.. 4,212 Cabot Corporation (NYSE:CBT) shs with value of $259,080 were sold by von Gottberg Friedrich. The insider Kalkstein Hobart sold $264,706.

Fiduciary Trust Company rose its stake by 12.04% in Cabot Corp (CBT), according to 2018Q1 Securities and Exchange filling. The company’s stock declined 8.91% with the market as Fiduciary Trust Company bought 139,192 shares. The major chemicals company at the end of 2018Q1 was priced at $72.18M. It’s up from 1.16M at the end of the previous reported quarter. Now it had 1.30M shares held by the institutional investor . Fiduciary Trust Company has cut its stake in Ishares Tr (CSJ) and also reduced its holding in Ishares Tr (GVI) by 815,808 shares in the quarter, for a total of 47,743 shares.

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 Robert W. Baird upgraded the shares of CBT in report to “Buy” rating. On Tuesday, April 17 the rating was maintained by Robert W. Baird with “Hold”. On Thursday, February 8 the firm earned “Buy” rating by Jefferies. In Monday, February 12 report Northcoast maintained the stock with “Buy” rating. On Friday, January 5 the rating was upgraded by Loop Capital to “Buy”.

Cabot Corporation (NYSE:CBT) Institutional Investors Chart

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