Cabot Corp (CBT) Shareholder Fiduciary Trust Company Increased Its Stake

June 27, 2018 - By Theresa McIntyre

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 dived due to CBT positioning: 13 sold and 112 reduced. 34 funds bought stakes and 71 increased stakes. Investors holded 51.73 million in 2017Q4 but now own 51.35 million shares or 0.74% less. Lombard Odier Asset Mngmt (Usa), New York-based fund reported 21,000 shs. Wright Invsts Serv has invested 0.19% in Cabot Corporation (NYSE:CBT). Zebra Cap Mgmt Limited Co holds 0.45% of its capital in Cabot Corporation (NYSE:CBT) for 22,707 shs. Louisiana State Employees Retirement System stated it has 16,200 shs or 0.04% of all its holdings. The Connecticut-based Tudor Inv Et Al has invested 0.03% in Cabot Corporation (NYSE:CBT). Parallax Volatility Advisers Limited Partnership has 0% invested in Cabot Corporation (NYSE:CBT) for 15 shs. Dreman Value Mgmt L L C reported 6,052 shs or 0.15% of all its holdings. Nomura Hldgs reported 3,806 shs. Keybank National Association Oh holds 0.01% or 17,200 shs. Kennedy Mgmt Inc owns 66,437 shs for 0.07% of their capital. 9,931 were accumulated by Amp Capital Invsts Limited. Wellington Mgmt Gp Ltd Liability Partnership reported 2.23M shs stake. 421 are held by Barrow Hanley Mewhinney Strauss Limited Liability Corp. Axa reported 160,870 shs. Point72 Asia (Hong Kong) Ltd accumulated 1,248 shs or 0.04% of the stock.

CBT had 10 insider sales and 1 buy since May 14, 2018. This’s net activity of $23.86 million. 6,151 shs were sold by Prevost Patrick M., worth $394,218 on Tuesday, June 12. On Monday, May 14 von Gottberg Friedrich also sold $612,300 worth of Cabot Corporation (NYSE:CBT). On Thursday, May 31 BERUBE BRIAN A also sold $440,853 worth of Cabot Corporation (NYSE:CBT). The insider Keohane Sean D sold 59,537 shs worth $3.75 million. Another trade for 4,149 shs valued at $264,706 was made by Kalkstein Hobart on Thursday, June 7. 2,500 shs were sold by Kelly James Patrick, worth $160,200.

In Cabot Corp (CBT) was increased the stake owned by Fiduciary Trust Company. The reduction is 12.04% according to 2018Q1 Securities and Exchange form. The company’s stock declined 8.91% with the market as Fiduciary Trust Company bought 139,192 shares. At the end of 2018Q1, the 1.30 million shares of the major chemicals company held by the institutional investor were valued at $72.18M, up from 1.16M at the end of the previous reported 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

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%. The firm has $120.0 highest while $6700 is the lowest PT. The average target $84.40 is 35.47% above the last ($62.3) price. Since January 5, 2018 according to StockzIntelligence Inc Cabot has 8 analyst reports. On Friday, January 5 the stock has “Buy” rating by Loop Capital. On Wednesday, May 9 the firm earned “Buy” rating by Robert W. Baird. On Monday, February 12 the rating was maintained by Northcoast with “Buy”. On Tuesday, April 17 Robert W. Baird maintained Cabot Corporation (NYSE:CBT) rating. Robert W. Baird has “Hold” rating and $6700 target. The stock rating was maintained by Jefferies with “Buy” on Thursday, February 8.

Cabot Corporation (NYSE:CBT) Institutional Investors Chart

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