This Metric Says You Are Smart to Buy Cabot Oil & Gas Corporation (COG)

Page 1 of 2

What’s a smart Cabot Oil & Gas Corporation (NYSE:COG) investor to do?

In the financial world, there are dozens of methods shareholders can use to track their holdings. A pair of the most underrated are hedge fund and insider trading interest. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the top hedge fund managers can outclass the market by a healthy margin (see just how much).

Equally as crucial, bullish insider trading sentiment is another way to look at the marketplace. There are a variety of motivations for an executive to downsize shares of his or her company, but just one, very simple reason why they would buy. Plenty of empirical studies have demonstrated the impressive potential of this tactic if you understand what to do (learn more here).

Now that that’s out of the way, we’re going to discuss the recent info about Cabot Oil & Gas Corporation (NYSE:COG).

Cabot Oil & Gas Corporation (NYSE:COG)

How are hedge funds trading Cabot Oil & Gas Corporation (NYSE:COG)?

Heading into Q3, a total of 43 of the hedge funds we track were long in this stock, a change of 23% from the previous quarter. With the smart money’s sentiment swirling, there exists a select group of noteworthy hedge fund managers who were increasing their holdings significantly.

According to our 13F database, Citadel Investment Group, managed by Ken Griffin, holds the most valuable position in Cabot Oil & Gas Corporation (NYSE:COG). Citadel Investment Group has a $317.2 million position in the stock, comprising 0.5% of its 13F portfolio. Coming in second is Donald Chiboucis of Columbus Circle Investors, with a $106.5 million position; the fund has 0.9% of its 13F portfolio invested in the stock. Remaining peers with similar optimism include Sean Cullinan’s Point State Capital, Dan Loeb’s Third Point and John Overdeck and David Siegel’s Two Sigma Advisors.

Consequently, specific money managers have been driving this bullishness. Citadel Investment Group, managed by Ken Griffin, initiated the most valuable position in Cabot Oil & Gas Corporation (NYSE:COG). Citadel Investment Group had 317.2 million invested in the company at the end of the quarter. Donald Chiboucis’s Columbus Circle Investors also initiated a $106.5 million position during the quarter. The other funds with new positions in the stock are Sean Cullinan’s Point State Capital, Dan Loeb’s Third Point, and John Overdeck and David Siegel’s Two Sigma Advisors.

What do corporate executives and insiders think about Cabot Oil & Gas Corporation (NYSE:COG)?

Insider buying is most useful when the company in question has seen transactions within the past 180 days. Over the last half-year time frame, Cabot Oil & Gas Corporation (NYSE:COG) has seen zero unique insiders purchasing, and 1 insider sales (see the details of insider trades here).

We’ll also examine the relationship between both of these indicators in other stocks similar to Cabot Oil & Gas Corporation (NYSE:COG). These stocks are Talisman Energy Inc. (USA) (NYSE:TLM), Southwestern Energy Company (NYSE:SWN), Range Resources Corp. (NYSE:RRC), Chesapeake Energy Corporation (NYSE:CHK), and Nexen Inc. (USA) (NYSE:NXY). This group of stocks belong to the independent oil & gas industry and their market caps match COG’s market cap.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!