$0.32 dividends will be a reality for Cabot Corporation (NYSE:CBT)’s shareholders on Dec 8, 2017.

November 21, 2017 - By Darrin Black


Investors sentiment increased to 1.25 in Q2 2017. Its up 0.32, from 0.93 in 2017Q1. It improved, as 29 investors sold Cabot Corp shares while 80 reduced holdings. 46 funds opened positions while 90 raised stakes. 51.70 million shares or 1.98% less from 52.74 million shares in 2017Q1 were reported.
Cubist Systematic Strategies Ltd Com, a Connecticut-based fund reported 21,180 shares. California State Teachers Retirement Systems reported 112,683 shares. The Florida-based Raymond James And Associate has invested 0% in Cabot Corp (NYSE:CBT). Jane Street Grp holds 0% or 20,202 shares. 68,070 are held by Opus Grp Ltd Com. Macquarie holds 0% of its portfolio in Cabot Corp (NYSE:CBT) for 26,400 shares. Fifth Third State Bank holds 0% of its portfolio in Cabot Corp (NYSE:CBT) for 11,117 shares. Wellington Management Llp holds 0.02% of its portfolio in Cabot Corp (NYSE:CBT) for 1.60M shares. 13,895 were accumulated by Symphony Asset Mngmt Ltd. Wells Fargo & Communication Mn reported 136,836 shares or 0% of all its holdings. Hillcrest Asset Management Limited Liability Co owns 155,835 shares. Point72 Asia (Hong Kong) Ltd reported 0% stake. Financial Counselors holds 14,616 shares. Eastern Fincl Bank has invested 0.45% of its portfolio in Cabot Corp (NYSE:CBT). 14,204 are held by Kames Cap Public Limited Com.

Cabot Corporation (NYSE:CBT) is expected to pay $0.32 on Dec 8, 2017. The indicated annual dividend is $1.26. Shareholders owning the stock before Nov 22, 2017 will be eligible to receive the payout. Based on Cabot Corporation’s current price of $60.59, the dividend is 0.52 %. This dividend’s record date is Nov 24, 2017 and the announcement date is Nov 10, 2017. The stock increased 0.08% or $0.05 during the last trading session, reaching $60.59. About shares traded. Cabot Corp (NYSE:CBT) has risen 15.44% since November 21, 2016 and is uptrending. It has underperformed by 1.26% the S&P500.

Cabot Corporation is a global specialty chemicals and performance materials company. The company has market cap of $3.77 billion. The Firm operates through four business divisions: reinforcement materials, performance chemicals, purification solutions and specialty fluids. It has a 25.89 P/E ratio. Reinforcement materials’ rubber grade carbon blacks are used to enhance the physical properties of the systems and applications in which they are incorporated.

Cabot Corp (NYSE:CBT) Ratings Coverage

Among 8 analysts covering Cabot (NYSE:CBT), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Cabot has $74.0 highest and $37.0 lowest target. $57.33’s average target is -5.38% below currents $60.59 stock price. Cabot had 19 analyst reports since August 13, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, October 31 by KeyBanc Capital Markets. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, November 11. The firm has “Overweight” rating given on Tuesday, August 15 by JP Morgan. Jefferies maintained the stock with “Buy” rating in Thursday, June 8 report. Deutsche Bank maintained it with “Hold” rating and $52 target in Friday, August 12 report. The stock has “Neutral” rating by SunTrust on Tuesday, August 2. The firm has “Buy” rating by BB&T Capital given on Thursday, December 10. The firm has “Hold” rating given on Thursday, August 13 by Deutsche Bank. The stock of Cabot Corp (NYSE:CBT) has “Buy” rating given on Monday, August 14 by Jefferies. JP Morgan downgraded it to “Neutral” rating and $47 target in Monday, March 14 report.

More notable recent Cabot Corp (NYSE:CBT) news were published by: Businesswire.com which released: “Cabot Corporation to Announce Fourth Quarter 2017 Operating Results” on October 05, 2017, also Businesswire.com with their article: “Cabot Corporation Announces Plans to Build New Fumed Silica Plant in …” published on May 25, 2017, Streetinsider.com published: “Cabot Corp. (CBT) to Acquire Tech Blend for About $64M” on October 31, 2017. More interesting news about Cabot Corp (NYSE:CBT) were released by: Nasdaq.com and their article: “Cabot Corp (CBT) Q4 Earnings Miss, Revenues Beat Estimates” published on November 06, 2017 as well as Seekingalpha.com‘s news article titled: “Cabot Corporation - Positive Outlook” with publication date: August 18, 2017.

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