Fiduciary Trust Company Stake in Cabot Corp (CBT) Increased as Shares Declined

June 27, 2018 - By Georgina Andrews

Cabot Corporation (NYSE:CBT) Corporate LogoDuring Q1 2018 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 turned negative. 71 rose stakes while 34 funds amassed stakes. Funds hold 51.35 million shares thus 0.74% less from 2017Q4’s 51.73 million shares. 421 were accumulated by Barrow Hanley Mewhinney And Strauss Lc. Brown Brothers Harriman Com accumulated 0.02% or 62,313 shs. Northern Tru stated it has 0.01% in Cabot Corporation (NYSE:CBT). Guggenheim Cap Limited Liability Company reported 0.01% in Cabot Corporation (NYSE:CBT). Dean Invest Assoc Limited Liability Co holds 0.5% or 60,845 shs in its capital. First Citizens Bancorp & holds 5,477 shs or 0.04% of its capital. Hbk Invs Lp holds 0.04% in Cabot Corporation (NYSE:CBT) or 71,000 shs. Opus Cap Group Inc Lc stated it has 35,024 shs or 0.49% of all its holdings. Tudor Corporation Et Al stated it has 19,287 shs. Michigan-based Comerica Bancorporation has invested 0.05% in Cabot Corporation (NYSE:CBT). Axa reported 160,870 shs. Oppenheimer Asset Management has 26,643 shs for 0.04% of their capital. Amundi Pioneer Asset Management holds 57,232 shs or 0.01% of its capital. Campbell And Com Adviser Limited Co, Maryland-based fund reported 4,425 shs. Quantitative Invest Mngmt Ltd Limited Liability Company holds 0.06% of its capital in Cabot Corporation (NYSE:CBT) for 65,800 shs.

CBT registered $23.86 million net activity with 1 buy and 10 selling transactions since May 14, 2018. Prevost Patrick M. had sold 155,061 shs worth $9.53 million on Wednesday, May 16. $937,416 worth of Cabot Corporation (NYSE:CBT) was sold by Cross Nicholas S. on Monday, May 14. On Thursday, May 31 BERUBE BRIAN A had sold 7,311 shs worth $440,853. The insider von Gottberg Friedrich sold $259,080. Kalkstein Hobart sold $264,706 worth of stock or 4,149 shs. On Tuesday, June 5 $3.75 million worth of stock was sold by Keohane Sean D.

In Cabot Corp (CBT) was upped the stake held by Fiduciary Trust Company. The reduction is 12.04% according to 2018Q1 Securities and Exchange form. The company’s stock sank 8.91% while Fiduciary Trust Company bought 139,192 shares. The major chemicals company announced $72.18M value for the 2018Q1. Now the institutional investor is holding 1.30M shares, compared to the 1.16M from the previous quarter. For a total of 192,105 shares it reduced its holding in Vanguard Whitehall Fds Inc Emerg Mkt Bd (VWOB) by 164,546 shares in the quarter, and has cut its stake in Ishares Tr (IVV).

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 price target Cabot has $84.40 average price target 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. In Thursday, February 8 report Jefferies maintained the stock with “Buy” rating. On Tuesday, April 17 the firm earned “Hold” rating by Robert W. Baird. On Friday, January 5 the firm earned “Buy” rating by Loop Capital. The stock rating was upgraded by Robert W. Baird to “Buy” on Wednesday, May 9. On Monday, February 12 the stock of Cabot Corporation (NYSE:CBT) earned “Buy” rating by Northcoast.

Cabot Corporation (NYSE:CBT) Institutional Investors Chart

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