Big Money Sentiment About Cabot Corp (NYSE:CBT) Falls to 0.84

June 29, 2018 - By Toni Killen

Cabot Corporation (NYSE:CBT) Corporate Logo

“Big money” Positions

In Q1 2018 Cabot Corp (NYSE:CBT) big money sentiment decreased to 0.84, according to Securities and Exchange Commission filings. That’s down -0.23, from 2017Q4’s 1.07. 105 hedge funds increased and started new holdings, while 125 sold and reduced equity positions in Cabot Corp so the sentiment turned 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. 13 Investors Sold All; 112 Reduced Holdings; 71 increased stakes while 34 hedge funds bought stakes.

Largest Cabot Corp Investors

Cabot owns 354,012 shares in Cabot Corp as of Q1 2018. As of Q1 2018, 1.30 million shares of Cabot Corp are owned by Fiduciary Trust Co. Snyder Capital Management L P reported 740,516 shares. Zpr Investment Management revealed 23,482 shares position 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 firm is valued at $3.85 billion. 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.Currently it has 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.

The stock increased 1.40% or $0.86 during the last trading session, reaching $62.26.Currently Cabot Corporation is uptrending after 11.28% change in last June 29, 2017. CBT has 72,852 shares volume. CBT underperformed the S&P500 by 1.29%.

Cabot Corporation (NYSE:CBT)’s earnings report is expected on August, 7., according to Zacks. EPS of $1.04 is 28.40 % up from 2017’s $0.81 EPS. CBT’s profit could hit $64.29 million if the current EPS of $1.04 is accurate. Wall Street sees 0.00 % EPS growth as of August, 7.

Vident Investment Advisory Ltd Co reported 0.03% in Cabot Corporation (NYSE:CBT). 53,850 were reported by Price T Rowe Md. Teachers Retirement System Of The State Of Kentucky reported 12,653 shs stake. Sensible Planning And Mngmt Ltd Liability stated it has 16,887 shs. Old Mutual Glob (Uk) invested in 119,368 shs. Acadian Asset Ltd Limited Liability Company holds 0% or 8,600 shs. Evercore Wealth Mngmt Limited Liability holds 0.01% of its capital in Cabot Corporation (NYSE:CBT) for 6,600 shs. Loring Wolcott And Coolidge Fiduciary Llp Ma accumulated 376,986 shs. Texas Permanent School Fund owns 40,917 shs. Ajo Lp, a Pennsylvania-based fund reported 1.56M shs. Zpr Invest Mgmt has invested 1.89% in Cabot Corporation (NYSE:CBT). Moreover, Macquarie Gp Ltd has 0% invested in Cabot Corporation (NYSE:CBT). Sei Invests has 0.01% invested in Cabot Corporation (NYSE:CBT) for 69,527 shs. Fiduciary invested 2.23% in Cabot Corporation (NYSE:CBT). Captrust Fincl Advsr holds 0% of its capital in Cabot Corporation (NYSE:CBT) for 196 shs.

Cabot Corporation had 10 selling transactions and 1 insider purchase since May 14, 2018. This’s net activity of $23.86 million. The insider Morrow Michael M bought 2,000 shs worth $123,580. von Gottberg Friedrich had sold 10,000 shs worth $612,300. 4,149 shs were sold by Kalkstein Hobart, worth $264,706 on Thursday, June 7. Another trade for 2,500 shs valued at $160,200 was made by Kelly James Patrick on Wednesday, June 6. On Tuesday, June 5 a trade for 59,537 shs valued at $3.75M was made by Keohane Sean D. Prevost Patrick M. sold 155,061 shs worth $9.53 million.

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. 8 are the (NYSE:CBT)’s analyst reports since January 5, 2018 according to StockzIntelligence Inc. On Thursday, February 8 the firm has “Buy” rating by Jefferies given. On Friday, January 5 the stock of Cabot Corporation (NYSE:CBT) has “Buy” rating given by Loop Capital. On Wednesday, May 9 the company was upgraded by Robert W. Baird. On Tuesday, April 17 the rating was maintained by Robert W. Baird with “Hold”. On Monday, February 12 the company was maintained by Northcoast.

Another two news for Cabot Corporation (NYSE:CBT) were briefly released 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 released on June 14, 2018.

Cabot Corporation (NYSE:CBT) Institutional Investors Chart

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