Salesforce Com (CRM) Stock Price Rose While Weiss Asset Management LP Increased Stake; As Cabot Oil & Gas (COG) Market Valuation Declined, Riverpark Advisors Has Raised Stake by $567,663

June 20, 2018 - By Louis Casey

Cabot Oil & Gas Corporation (NYSE:COG) Logo

Andrew Weiss increased its stake in Salesforce Com Inc (CRM) by 11052.8% based on its latest 2018Q1 regulatory filing with the SEC. Weiss Asset Management Lp bought 713,790 shares as the company’s stock rose 9.70% while stock markets declined. The hedge fund run by Andrew Weiss held 720,248 shares of the prepackaged software company at the end of 2018Q1, valued at $83.77 million, up from 6,458 at the end of the previous reported quarter. Weiss Asset Management Lp who had been investing in Salesforce Com Inc for a number of months, seems to be bullish on the $103.96 billion market cap company. The stock increased 0.29% or $0.41 during the last trading session, reaching $139.93. About 2.89M shares traded. salesforce.com, inc. (NYSE:CRM) has risen 40.20% since June 20, 2017 and is uptrending. It has outperformed by 27.63% the S&P500. Some Historical CRM News: 03/04/2018 – iWave Announces Salesforce Integration Available on the Salesforce AppExchange; 02/04/2018 – Salesforce was the sole bidder for MuleSoft and even paid 18 percent more than its original offer; 09/05/2018 – Ideal Tool Group Taps Former Apex Tool Group Director to Lead Salesforce; 20/03/2018 – SALESFORCE TO BUY MULESOFT FOR; 29/05/2018 – Salesforce.com 1Q Adj EPS 74c; 20/03/2018 – Salesforce to Acquire MuleSoft for Enterprise Value of $6.5B; 29/05/2018 – SALESFORCE 1Q BILLINGS GROWTH +17%, EST. +12%; 20/03/2018 – CNBC: Salesforce is in advance talks to buy MuleSoft, sources tell Reuters; 30/05/2018 – Tech Today: Apple’s Gloomy Outlook, Salesforce Rising, Mixed on HP — Barron’s Blog; 26/04/2018 – Salesforce Closes Above 50-Day Moving Average: Technicals

Riverpark Advisors Llc increased its stake in Cabot Oil & Gas Corp (COG) by 38.42% based on its latest 2018Q1 regulatory filing with the SEC. Riverpark Advisors Llc bought 24,681 shares as the company’s stock declined 9.78% with the market. The institutional investor held 88,923 shares of the oil & gas production company at the end of 2018Q1, valued at $2.13M, up from 64,242 at the end of the previous reported quarter. Riverpark Advisors Llc who had been investing in Cabot Oil & Gas Corp for a number of months, seems to be bullish on the $10.85 billion market cap company. The stock increased 0.33% or $0.08 during the last trading session, reaching $24.03. About 3.59 million shares traded. Cabot Oil & Gas Corporation (NYSE:COG) has declined 1.53% since June 20, 2017 and is downtrending. It has underperformed by 14.10% the S&P500. Some Historical COG News: 27/04/2018 – CABOT OIL & GAS CORP – EXCLUDING IMPACT OF DERIVATIVES, FIRST-QUARTER 2018 NATURAL GAS PRICE REALIZATIONS WERE $2.50 PER MCF; 27/04/2018 – CABOT CEO EXPECTS MOXIE FREEDOM TO BE IN SERVICE JUNE 1; 06/03/2018 – CABOT SEES RECEIVING ADDED PROCEEDS OF $52.8 MILLION BY 1Q END; 11/05/2018 – Citadel Adds Cabot Oil, Exits MSC Industrial, Cuts Comcast: 13F; 27/04/2018 – Cabot Oil & Gas 1Q Net $117.2M; 25/04/2018 – Cabot Oil & Gas Corp expected to post earnings of 27 cents a share – Earnings Preview; 27/04/2018 – Cabot Oil & Gas 1Q Discretionary Cash Flow $280.3M; 27/04/2018 – Cabot Oil & Gas 1Q EPS 26c; 02/04/2018 – Neuberger Berman Guardian Adds Comerica, Exits Cabot Oil; 22/05/2018 – UGI ENERGY SERVICES – NEW MARCELLUS SHALE DEVELOPMENT PROJECT WILL TRANSPORT GAS FROM ACREAGE BEING PRODUCED BY CABOT OIL & GAS CORPORATION

Since January 3, 2018, it had 5 insider buys, and 219 insider sales for $166.24 million activity. $14,616 worth of stock was sold by Roos John Victor on Thursday, February 1. Martinez Maria sold 226 shares worth $26,187. Allanson Joe also sold $2.49M worth of salesforce.com, inc. (NYSE:CRM) on Friday, January 12. BLOCK KEITH also sold $1.29 million worth of salesforce.com, inc. (NYSE:CRM) shares. Weaver Amy E sold $55,626 worth of salesforce.com, inc. (NYSE:CRM) on Sunday, April 22. Harris Parker sold $163,364 worth of stock or 1,297 shares.

Weiss Asset Management Lp, which manages about $1.80 billion and $1.24B US Long portfolio, decreased its stake in Modern Media Acquisition by 344,500 shares to 497,500 shares, valued at $4.94 million in 2018Q1, according to the filing. It also reduced its holding in Videocon D2h Ltd by 678,138 shares in the quarter, leaving it with 1.26 million shares, and cut its stake in Kayne Anderson Acquisition.

Among 57 analysts covering Salesforce.com (NYSE:CRM), 51 have Buy rating, 0 Sell and 6 Hold. Therefore 89% are positive. Salesforce.com had 249 analyst reports since August 21, 2015 according to SRatingsIntel. As per Wednesday, May 30, the company rating was maintained by Robert W. Baird. On Thursday, May 19 the stock rating was maintained by Jefferies with “Hold”. The company was maintained on Wednesday, May 30 by Barclays Capital. The stock of salesforce.com, inc. (NYSE:CRM) has “Buy” rating given on Wednesday, August 19 by Vetr. The rating was maintained by Guggenheim with “Buy” on Thursday, March 1. The stock of salesforce.com, inc. (NYSE:CRM) earned “Buy” rating by UBS on Thursday, May 19. Wunderlich maintained salesforce.com, inc. (NYSE:CRM) rating on Thursday, September 1. Wunderlich has “Buy” rating and $101 target. The firm earned “Buy” rating on Tuesday, February 20 by Deutsche Bank. S&P Research maintained the stock with “Buy” rating in Monday, August 24 report. Morgan Stanley maintained salesforce.com, inc. (NYSE:CRM) on Wednesday, May 30 with “Overweight” rating.

More notable recent salesforce.com, inc. (NYSE:CRM) news were published by: Seekingalpha.com which released: “Salesforce.com: Impressive Quarter – Expect More” on June 01, 2018, also Seekingalpha.com with their article: “Salesforce.com: Is It Too Late?” published on June 19, 2018, Seekingalpha.com published: “Salesforce: Just A Wealth Of Superlatives” on June 01, 2018. More interesting news about salesforce.com, inc. (NYSE:CRM) were released by: Seekingalpha.com and their article: “Ignore Salesforce’s Valuation” published on May 24, 2018 as well as Bizjournals.com‘s news article titled: “Salesforce unveils new offices in San Francisco’s tallest building, Salesforce Tower” with publication date: May 22, 2018.

Investors sentiment increased to 1.44 in 2018 Q1. Its up 0.25, from 1.19 in 2017Q4. It increased, as 48 investors sold CRM shares while 254 reduced holdings. 132 funds opened positions while 304 raised stakes. 608.53 million shares or 0.05% more from 608.21 million shares in 2017Q4 were reported. Public Sector Pension Inv Board holds 38,244 shares. Cibc Bankshares Usa owns 2,815 shares. Apg Asset Management Nv accumulated 388,053 shares. Miracle Mile Ltd Liability reported 26,309 shares. Japan-based Nomura Inc has invested 0.03% in salesforce.com, inc. (NYSE:CRM). Intact Invest Management reported 4,300 shares. Moreover, Nippon Life Global Americas has 0.43% invested in salesforce.com, inc. (NYSE:CRM). Wetherby Asset Mgmt stated it has 0.22% of its portfolio in salesforce.com, inc. (NYSE:CRM). The New York-based Cibc World Corporation has invested 0.13% in salesforce.com, inc. (NYSE:CRM). Strategic Advsrs Limited Liability Co invested 0.08% of its portfolio in salesforce.com, inc. (NYSE:CRM). Waverton Mngmt Limited holds 2.1% or 308,621 shares in its portfolio. Horizon Kinetics reported 0.01% stake. State Of Alaska Department Of Revenue, a Alaska-based fund reported 87,370 shares. Birinyi Inc accumulated 10,300 shares or 0.49% of the stock. Brighton Jones Limited Liability Corporation invested in 0.08% or 5,020 shares.

Since May 17, 2018, it had 1 insider buy, and 1 insider sale for $1.09 million activity. On Tuesday, May 29 the insider KELLEY ROBERT bought $1.11 million.

Riverpark Advisors Llc, which manages about $2.88 billion and $519.42 million US Long portfolio, decreased its stake in Alphabet Inc by 14,713 shares to 19,147 shares, valued at $19.86M in 2018Q1, according to the filing. It also reduced its holding in Ebay Inc (NASDAQ:EBAY) by 24,812 shares in the quarter, leaving it with 77,506 shares, and cut its stake in Schlumberger Ltd (NYSE:SLB).

Another recent and important Cabot Oil & Gas Corporation (NYSE:COG) news was published by Benzinga.com which published an article titled: “Benzinga’s Insider Buys Of The Week: Cabot, CBOE, Salesforce And More” on June 04, 2018.

Among 35 analysts covering Cabot Oil & Gas (NYSE:COG), 20 have Buy rating, 2 Sell and 13 Hold. Therefore 57% are positive. Cabot Oil & Gas had 121 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Cabot Oil & Gas Corporation (NYSE:COG) earned “Hold” rating by Jefferies on Tuesday, January 30. On Wednesday, December 9 the stock rating was maintained by Deutsche Bank with “Hold”. The firm has “Overweight” rating by Morgan Stanley given on Friday, April 20. The company was upgraded on Thursday, August 11 by Howard Weil. The rating was downgraded by Raymond James on Tuesday, January 2 to “Underperform”. As per Monday, January 23, the company rating was upgraded by Barclays Capital. The stock of Cabot Oil & Gas Corporation (NYSE:COG) earned “Underperform” rating by Bank of America on Wednesday, January 4. As per Friday, March 24, the company rating was initiated by Stifel Nicolaus. On Monday, September 25 the stock rating was maintained by Piper Jaffray with “Buy”. Jefferies maintained the stock with “Hold” rating in Monday, March 19 report.

salesforce.com, inc. (NYSE:CRM) Institutional Positions Chart

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