Do Big Money Love Cabot Corp (NYSE:CBT), Sentiment at 0.84

June 29, 2018 - By Rebecca Betts

Cabot Corporation (NYSE:CBT) Corporate Logo

Cabot Corp’s Sentiment

In 2018 Q1 Cabot Corp (NYSE:CBT) big money sentiment decreased to 0.84, SEC filings reveal. So its down -0.23, from 2017Q4’s 1.07. 105 investment professionals opened new or increased positions, while 125 sold and decreased positions in Cabot Corp so the sentiment fall. 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.

Significant Cabot Corp Shareholders

Cabot owns 354,012 shares in Cabot Corp as of 2018 Q1. As of 2018 Q1, 1.30 million shares of Cabot Corp are owned by Fiduciary Trust Co. Snyder Capital Management L P reported 740,516 shares. The Florida-based fund Zpr Investment Management have invested about 1.89% of the investment professional’s stock portfolio in Cabot Corp. The Texas-based fund Hillcrest Asset Management Llc holds 148,507 shares or 1.66% of their stocks portfolio.

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.

Ticker’s shares touched $62.26 during the last trading session after 1.40% change.Cabot Corporation has volume of 72,852 shares. Since June 29, 2017 CBT has risen 11.28% and is uptrending. CBT underperformed the S&P 500 by 1.29%.

On August, 7 WallStreet anticipated Cabot Corporation (NYSE:CBT)’s earnings report, according to Faxor. Analysts expect change of 28.40 % or $0.23 from previous year’s $0.81 EPS compared to current’s $1.04 EPS. This could hit $64.29 million profit for CBT assuming the current $1.04 EPS will become reality. Wall Street forecasts 0.00 % EPS growth as of August, 7.

Hillcrest Asset Management Ltd Llc invested 1.66% in Cabot Corporation (NYSE:CBT). Barclays Public Ltd Company, a United Kingdom-based fund reported 33,718 shs. Whittier Company reported 96 shs stake. Great West Life Assurance Can has invested 0% in Cabot Corporation (NYSE:CBT). Neuberger Berman Gp Ltd Company holds 0% or 11,599 shs. Bbva Compass Savings Bank holds 9,951 shs. Renaissance Tech Limited Com has invested 0.01% in Cabot Corporation (NYSE:CBT). Teachers Retirement Of The State Of Kentucky accumulated 12,653 shs. The Texas-based United Service Automobile Association has invested 0% in Cabot Corporation (NYSE:CBT). Moreover, Fuller And Thaler Asset has 1.34% invested in Cabot Corporation (NYSE:CBT). Howe & Rusling, a New York-based fund reported 53 shs. California State Teachers Retirement System has 0.01% invested in Cabot Corporation (NYSE:CBT) for 98,481 shs. 1St Source Retail Bank has invested 0.08% in Cabot Corporation (NYSE:CBT). Rhumbline Advisers invested in 114,345 shs. Qs Invsts Ltd Liability Com has 7 shs for 0% of their capital.

Cabot Corporation registered $23.86 million net activity with 1 insider buy and 10 insider sales since May 14, 2018. Shares for $937,416 were sold by Cross Nicholas S. on Monday, May 14. 123,883 shs valued at $7.64M were sold by Prevost Patrick M. on Monday, May 14. On Thursday, May 31 BERUBE BRIAN A sold $440,853 worth of Cabot Corporation (NYSE:CBT). Kalkstein Hobart sold $264,706 worth of Cabot Corporation (NYSE:CBT) or 4,149 shs on Thursday, June 7. 59,537 shs were sold by Keohane Sean D, worth $3.75 million on Tuesday, June 5. On Wednesday, June 6 Kelly James Patrick sold $160,200 worth of Cabot Corporation (NYSE:CBT) or 2,500 shs.

Cabot Corporation (NYSE:CBT) Ratings Coverage

Total analysts of 6 have positions in Cabot (NYSE:CBT) as follows: 6 rated it a “Buy”, 0 with “Sell” and 0 with “Hold”. The positive are 100%. Since January 5, 2018 according to StockzIntelligence Inc Cabot has 8 analyst reports. On Monday, February 12 the stock has “Buy” rating by Northcoast. On Thursday, February 8 the firm has “Buy” rating given by Jefferies. The company rating was upgraded by Loop Capital on Friday, January 5. On Wednesday, May 9 the stock of Cabot Corporation (NYSE:CBT) earned “Buy” rating by Robert W. Baird. On Tuesday, April 17 Robert W. Baird maintained the shares of CBT in report with “Hold” rating.

Another two news for Cabot Corporation (NYSE:CBT) were recently brought out 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 brought out on June 14, 2018.

Cabot Corporation (NYSE:CBT) Institutional Investors Chart

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