Cabot (CBT) Market Valuation Declined While Sensible Financial Planning & Management Raised Holding by $647,350; As Third Pt Reins LTD (TPRE) Market Valuation Declined, Apg Asset Management Nv Has Raised by $1.64 Million Its Position

August 12, 2018 - By Richard Slagle

Cabot Corporation (NYSE:CBT) Logo

Apg Asset Management Nv increased its stake in Third Pt Reins Ltd (TPRE) by 105.36% based on its latest 2018Q1 regulatory filing with the SEC. Apg Asset Management Nv bought 149,300 shares as the company’s stock declined 6.36% with the market. The institutional investor held 291,000 shares of the property-casualty insurers company at the end of 2018Q1, valued at $3.30M, up from 141,700 at the end of the previous reported quarter. Apg Asset Management Nv who had been investing in Third Pt Reins Ltd for a number of months, seems to be bullish on the $1.31 billion market cap company. It closed at $13.15 lastly. It is up 4.33% since August 12, 2017 and is uptrending. It has underperformed by 8.24% the S&P500. Some Historical TPRE News: 04/05/2018 – THIRD POINT SAYS UTX SPLIT WOULD UNLOCK MORE THAN $20B IN VALUE; 15/05/2018 – Third Point Exits Macerich, Honeywell, Time Warner; Adds Wynn; 26/03/2018 – Third Point Offshore Investors Ltd: Conversion of Securities; 15/05/2018 – THIRD POINT ADDED UTX, WYNN, PAGS, EA, MPC IN 1Q: 13F; 10/05/2018 – Yahoo! Finance: Exclusive: Hedge fund Third Point seeks to launch ‘blank-check’ company; 09/05/2018 – THIRD POINT RE 1Q GROSS WRITTEN PREMIUM $378.4M; 10/05/2018 – EXCLUSIVE-Hedge fund Third Point seeks to launch ‘blank-check’ company; 09/05/2018 – THIRD POINT REINSURANCE LTD – QTRLY NET PREMIUMS EARNED $142.5 MLN VS $138 MLN; 04/05/2018 – UNITED TECHNOLOGIES SAYS DISAGREES WITH SEVERAL OF ASSERTIONS CONTAINED IN THIRD POINT LETTER; 22/05/2018 – Third Point to raise $400 mln for SPAC, Farley to run it

Sensible Financial Planning & Management Llc increased its stake in Cabot Corp (CBT) by 230.02% based on its latest 2018Q1 regulatory filing with the SEC. Sensible Financial Planning & Management Llc bought 11,770 shares as the company’s stock declined 8.91% with the market. The institutional investor held 16,887 shares of the major chemicals company at the end of 2018Q1, valued at $941,000, up from 5,117 at the end of the previous reported quarter. Sensible Financial Planning & Management Llc who had been investing in Cabot Corp for a number of months, seems to be bullish on the $3.97B market cap company. The stock decreased 0.95% or $0.62 during the last trading session, reaching $64.53. About 225,375 shares traded. Cabot Corporation (NYSE:CBT) has risen 11.28% since August 12, 2017 and is uptrending. It has underperformed by 1.29% the S&P500. Some Historical CBT News: 23/05/2018 – CABOT ENERGY – CO ASSESSING POTENTIAL WELL REINSTATEMENT PROGRAMME DURING SUMMER OF 2018 ON A NUMBER OF EXISTING WELLS TO INCREASE PRODUCTION; 07/05/2018 – CABOT – IN PERFORMANCE CHEMICALS, EXPECT TO MAINTAIN MARGINS WHILE CO DRIVES VOLUME GROWTH THROUGH SECOND HALF OF YEAR; 19/03/2018 – Venado Oil & Gas and KKR Acquire Cabot Eagle Ford Assets; 19/03/2018 – PRESS RELEASE – VENADO OIL & GAS AND KKR ACQUIRE CABOT EAGLE FORD ASSETS; 17/04/2018 – MIDWEST ENERGY EMISSIONS- UNDER AGREEMENT, CABOT HAS EXCLUSIVE ACCESS TO ME(2)C’S EXTENSIVE PATENTED TECHNOLOGIES FOR DEVELOPING MARKETS ACROSS EUROPE; 26/03/2018 – Cabot Corporation Receives Responsible Care RC14001® Certification in Tianjin, China; 17/04/2018 – Cabot Corporation Expands Specialty Compounds Business Globally; 08/05/2018 – Encore Announces Agreement to Acquire the Remaining Interest in Cabot; 07/05/2018 – CABOT – EXPECT HIGHER SEASONAL VOLUMES AND LOWER VARIABLE COSTS IN SECOND HALF OF YEAR IN PURIFICATION SOLUTIONS SEGMENT; 19/04/2018 – Cabot Energy Reports Widened Pretax Loss in 2017

Apg Asset Management Nv, which manages about $51.72B US Long portfolio, decreased its stake in Gilead Sciences Inc (NASDAQ:GILD) by 275,900 shares to 5.50 million shares, valued at $337.34M in 2018Q1, according to the filing. It also reduced its holding in National Instrs Corp (NASDAQ:NATI) by 48,200 shares in the quarter, leaving it with 376,300 shares, and cut its stake in Qualcomm Inc (NASDAQ:QCOM).

Among 6 analysts covering Third Point Reinsurance (NYSE:TPRE), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Third Point Reinsurance had 16 analyst reports since August 7, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Third Point Reinsurance Ltd. (NYSE:TPRE) on Monday, December 4 with “Hold” rating. Keefe Bruyette & Woods maintained the shares of TPRE in report on Tuesday, October 10 with “Buy” rating. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, May 10. The rating was maintained by Compass Point on Wednesday, September 2 with “Buy”. The firm earned “Equal-Weight” rating on Friday, November 10 by Morgan Stanley. Wood maintained Third Point Reinsurance Ltd. (NYSE:TPRE) rating on Thursday, October 1. Wood has “Market Perform” rating and $15 target. The stock of Third Point Reinsurance Ltd. (NYSE:TPRE) has “Hold” rating given on Monday, October 16 by Keefe Bruyette & Woods. The firm has “Buy” rating by Keefe Bruyette & Woods given on Friday, September 8. The stock of Third Point Reinsurance Ltd. (NYSE:TPRE) has “Outperform” rating given on Friday, May 11 by Wood. Keefe Bruyette & Woods maintained Third Point Reinsurance Ltd. (NYSE:TPRE) rating on Thursday, August 3. Keefe Bruyette & Woods has “Buy” rating and $16.5000 target.

Since March 20, 2018, it had 0 insider purchases, and 1 sale for $1.47 million activity.

Investors sentiment decreased to 1.34 in 2018 Q1. Its down 1.92, from 3.26 in 2017Q4. It dived, as 16 investors sold TPRE shares while 43 reduced holdings. 19 funds opened positions while 60 raised stakes. 70.59 million shares or 53.40% less from 151.48 million shares in 2017Q4 were reported. Teachers Retirement System Of The State Of Kentucky has invested 0.01% in Third Point Reinsurance Ltd. (NYSE:TPRE). Meeder Asset holds 0% or 148 shares. The New York-based Engineers Gate Manager LP has invested 0.02% in Third Point Reinsurance Ltd. (NYSE:TPRE). Aqr Capital Management Llc holds 0.02% of its portfolio in Third Point Reinsurance Ltd. (NYSE:TPRE) for 1.38M shares. Numerixs Invest Technologies owns 2,400 shares for 0.01% of their portfolio. Rhumbline Advisers holds 191,813 shares or 0.01% of its portfolio. 7,170 were reported by Quantbot Limited Partnership. Pnc Group holds 0% of its portfolio in Third Point Reinsurance Ltd. (NYSE:TPRE) for 1,956 shares. 68,700 are owned by Strs Ohio. Ubs Asset Management Americas holds 59,826 shares or 0% of its portfolio. Profund Limited Liability Company has 16,970 shares. Aviance Limited Co has 118,920 shares for 0.5% of their portfolio. Voya Investment Mgmt Limited Liability Company accumulated 0.01% or 207,985 shares. Jane Street Gp Limited Liability Com has 10,455 shares for 0% of their portfolio. 11,442 are held by Ls Limited.

More important recent Cabot Corporation (NYSE:CBT) news were published by: Newsok.com which released: “Cabot Corporation Introduces a Series of Advanced Activated Carbons for Vapor Capture in Gasoline Fueled Vehicles” on July 17, 2018, also Newsok.com published article titled: “Cabot Corporation Announces Segment Management Changes”, Benzinga.com published: “Earnings Scheduled For August 6, 2018” on August 06, 2018. More interesting news about Cabot Corporation (NYSE:CBT) was released by: Businesswire.com and their article: “Cabot Corporation to Present at the Jefferies 2018 Industrials Conference” with publication date: July 24, 2018.

Among 13 analysts covering Cabot (NYSE:CBT), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. Cabot had 29 analyst reports since August 13, 2015 according to SRatingsIntel. The stock of Cabot Corporation (NYSE:CBT) has “Buy” rating given on Thursday, June 8 by Jefferies. The firm earned “Sector Weight” rating on Monday, April 11 by KeyBanc Capital Markets. As per Thursday, February 8, the company rating was maintained by Jefferies. The firm has “Hold” rating given on Friday, August 12 by Deutsche Bank. The stock of Cabot Corporation (NYSE:CBT) earned “Buy” rating by Jefferies on Tuesday, October 10. The stock of Cabot Corporation (NYSE:CBT) has “Buy” rating given on Thursday, December 10 by BB&T Capital. As per Tuesday, August 15, the company rating was upgraded by JP Morgan. Robert W. Baird maintained Cabot Corporation (NYSE:CBT) rating on Tuesday, April 17. Robert W. Baird has “Hold” rating and $6700 target. Deutsche Bank maintained Cabot Corporation (NYSE:CBT) on Wednesday, November 11 with “Buy” rating. Jefferies maintained the shares of CBT in report on Thursday, November 2 with “Buy” rating.

Since May 14, 2018, it had 1 buying transaction, and 10 insider sales for $23.86 million activity. Morrow Michael M also bought $123,580 worth of Cabot Corporation (NYSE:CBT) on Friday, June 1. On Wednesday, June 6 Kelly James Patrick sold $160,200 worth of Cabot Corporation (NYSE:CBT) or 2,500 shares. Kalkstein Hobart sold $264,706 worth of stock or 4,149 shares. $937,416 worth of Cabot Corporation (NYSE:CBT) shares were sold by Cross Nicholas S.. BERUBE BRIAN A also sold $440,853 worth of Cabot Corporation (NYSE:CBT) on Thursday, May 31. von Gottberg Friedrich had sold 4,212 shares worth $259,080.

Investors sentiment decreased to 0.84 in 2018 Q1. Its down 0.23, from 1.07 in 2017Q4. It is negative, as 13 investors sold CBT shares while 112 reduced holdings. 34 funds opened positions while 71 raised stakes. 51.35 million shares or 0.74% less from 51.73 million shares in 2017Q4 were reported. Arizona State Retirement System accumulated 41,789 shares or 0.02% of the stock. Laurion Cap Mngmt Ltd Partnership has invested 0% in Cabot Corporation (NYSE:CBT). Shelton Mgmt owns 4,329 shares or 0.02% of their US portfolio. Schroder Invest holds 14,981 shares or 0% of its portfolio. 261,186 are held by First Advisors L P. Utd Service Automobile Association invested in 0% or 9,923 shares. Profund Ltd Company reported 9,246 shares stake. Metropolitan Life New York owns 17,796 shares. First Citizens National Bank & Trust And Trust reported 5,477 shares. 42,200 are owned by State Of Tennessee Treasury Department. Goldman Sachs holds 0.01% or 833,122 shares. Stanley has invested 0.4% of its portfolio in Cabot Corporation (NYSE:CBT). Zpr Investment Mngmt stated it has 1.89% in Cabot Corporation (NYSE:CBT). Schwab Charles holds 0.02% or 399,829 shares in its portfolio. 172 were accumulated by Gemmer Asset Ltd Liability.

Cabot Corporation (NYSE:CBT) Institutional Positions Chart

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