Meeder Asset Management Has Increased Cabot (CBT) Position by $888,221 as Shares Declined; Netflix (NFLX) Holder Grubman Wealth Management Cut Its Holding by $556,956

May 21, 2018 - By Steve Bissell

Netflix, Inc. (NASDAQ:NFLX) Logo

Grubman Wealth Management decreased its stake in Netflix Inc (NFLX) by 73.45% based on its latest 2017Q4 regulatory filing with the SEC. Grubman Wealth Management sold 2,916 shares as the company’s stock rose 58.31% while stock markets declined. The institutional investor held 1,054 shares of the consumer services company at the end of 2017Q4, valued at $202,000, down from 3,970 at the end of the previous reported quarter. Grubman Wealth Management who had been investing in Netflix Inc for a number of months, seems to be less bullish one the $140.92B market cap company. The stock decreased 0.32% or $1.04 during the last trading session, reaching $324.18. About 2.95M shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 108.73% since May 21, 2017 and is uptrending. It has outperformed by 97.18% the S&P500.

Meeder Asset Management Inc increased its stake in Cabot Corporation (CBT) by 958.59% based on its latest 2017Q4 regulatory filing with the SEC. Meeder Asset Management Inc bought 14,561 shares as the company’s stock declined 11.84% with the market. The institutional investor held 16,080 shares of the major chemicals company at the end of 2017Q4, valued at $990,000, up from 1,519 at the end of the previous reported quarter. Meeder Asset Management Inc who had been investing in Cabot Corporation for a number of months, seems to be bullish on the $3.74 billion market cap company. The stock decreased 1.37% or $0.84 during the last trading session, reaching $60.57. About 606,491 shares traded or 24.80% up from the average. Cabot Corporation (NYSE:CBT) has declined 5.91% since May 21, 2017 and is downtrending. It has underperformed by 17.46% the S&P500.

Investors sentiment increased to 1.07 in Q4 2017. Its up 0.08, from 0.99 in 2017Q3. It increased, as 16 investors sold CBT shares while 96 reduced holdings. 41 funds opened positions while 79 raised stakes. 51.73 million shares or 0.23% less from 51.85 million shares in 2017Q3 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Cabot Corporation (NYSE:CBT). Weaver C Barksdale & Associate reported 0.02% stake. Wellington Llp reported 2.08M shares. Bailard, California-based fund reported 14,500 shares. Invesco Limited reported 0% in Cabot Corporation (NYSE:CBT). Tiaa Cref Lc accumulated 98,823 shares. Snyder Capital Management LP has invested 1.99% of its portfolio in Cabot Corporation (NYSE:CBT). Regions Finance Corp reported 0% of its portfolio in Cabot Corporation (NYSE:CBT). Federated Investors Pa reported 0.01% of its portfolio in Cabot Corporation (NYSE:CBT). Moreover, Oregon Employees Retirement Fund has 0.02% invested in Cabot Corporation (NYSE:CBT) for 23,032 shares. Ing Groep Nv has invested 0.01% in Cabot Corporation (NYSE:CBT). Point72 Asia (Hong Kong) Limited, Hong Kong-based fund reported 613 shares. Northwestern Mutual Wealth reported 990 shares. Kbc Group Nv holds 16,088 shares. Fmr Limited Com reported 0% in Cabot Corporation (NYSE:CBT).

Meeder Asset Management Inc, which manages about $3.85 billion and $1.18B US Long portfolio, decreased its stake in Amc Networks Inc. (NASDAQ:AMCX) by 6,032 shares to 429 shares, valued at $23,000 in 2017Q4, according to the filing. It also reduced its holding in Southwestern Energy (NYSE:SWN) by 60,541 shares in the quarter, leaving it with 13,348 shares, and cut its stake in Masco Corp. (NYSE:MAS).

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 firm has “Buy” rating by Jefferies given on Thursday, June 8. The rating was maintained by Robert W. Baird on Tuesday, April 17 with “Hold”. The stock of Cabot Corporation (NYSE:CBT) earned “Buy” rating by SunTrust on Tuesday, December 19. The firm has “Buy” rating by Jefferies given on Thursday, February 8. Deutsche Bank maintained the stock with “Hold” rating in Friday, August 12 report. The rating was downgraded by KeyBanc Capital Markets on Monday, April 11 to “Sector Weight”. The stock of Cabot Corporation (NYSE:CBT) earned “Buy” rating by BB&T Capital on Thursday, December 10. The firm has “Neutral” rating given on Tuesday, August 2 by SunTrust. The firm has “Sell” rating by Zacks given on Tuesday, September 1. As per Tuesday, August 15, the company rating was upgraded by J.P. Morgan.

Since May 14, 2018, it had 0 insider buys, and 3 selling transactions for $9.18 million activity. von Gottberg Friedrich sold $612,300 worth of Cabot Corporation (NYSE:CBT) on Monday, May 14. $7.64 million worth of stock was sold by Prevost Patrick M. on Monday, May 14.

More notable recent Cabot Corporation (NYSE:CBT) news were published by: Businesswire.com which released: “Cabot Corporation to Expand Global Carbon Black Capacity by over 300000 Metric Tons” on May 21, 2018, also Newsok.com with their article: “Cabot Corporation Introduces Activated Carbons Optimized for Catalyst Support Applications at ACHEMA 2018” published on May 16, 2018, Globenewswire.com published: “Report: Exploring Fundamental Drivers Behind Micronet Enertec Technologies, Everbridge, Visteon, Commerce …” on May 17, 2018. More interesting news about Cabot Corporation (NYSE:CBT) were released by: Benzinga.com and their article: “Baird Upgrades Cabot Corp.: ‘We Believe Valuation Remains Attractive'” published on May 09, 2018 as well as Seekingalpha.com‘s news article titled: “Cabot’s (CBT) CEO Sean Keohane on Q2 2018 Results – Earnings Call Transcript” with publication date: May 12, 2018.

More notable recent Netflix, Inc. (NASDAQ:NFLX) news were published by: Seekingalpha.com which released: “Netflix: Still A Strong Buy” on May 02, 2018, also Seekingalpha.com with their article: “Danger Zone: Investors Who Trust Wall Street” published on May 08, 2018, Finance.Yahoo.com published: “Monday’s Vital Data: Apple Inc. (AAPL), Micron Technology, Inc. (MU) and Netflix, Inc. (NFLX)” on April 30, 2018. More interesting news about Netflix, Inc. (NASDAQ:NFLX) were released by: Seekingalpha.com and their article: “I Could Still Be Wrong About Netflix” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “Alphabet: Has Google’s Growth Slowed?” with publication date: May 21, 2018.

Since December 11, 2017, it had 0 buys, and 39 selling transactions for $159.56 million activity. Peters Gregory K sold 8,358 shares worth $2.13 million. The insider HASTINGS REED sold 75,558 shares worth $24.53 million. $175,770 worth of Netflix, Inc. (NASDAQ:NFLX) was sold by KILGORE LESLIE J. $1.31M worth of Netflix, Inc. (NASDAQ:NFLX) was sold by FRIEDLAND JONATHAN on Tuesday, January 23. WELLS DAVID B had sold 1,000 shares worth $191,200 on Monday, December 18. $3.10M worth of Netflix, Inc. (NASDAQ:NFLX) was sold by BATTLE A GEORGE.

Investors sentiment increased to 1.31 in Q4 2017. Its up 0.19, from 1.12 in 2017Q3. It is positive, as 53 investors sold NFLX shares while 244 reduced holdings. 107 funds opened positions while 281 raised stakes. 344.43 million shares or 3.28% less from 356.10 million shares in 2017Q3 were reported. Moreover, Wexford Cap LP has 0.02% invested in Netflix, Inc. (NASDAQ:NFLX) for 1,137 shares. Williams Jones & Assocs Limited Co invested in 0.01% or 1,882 shares. Pnc Fincl Service Inc stated it has 117,524 shares. 47,877 were reported by Sector Pension Investment Board. Sterling Cap Mngmt Lc invested 0% in Netflix, Inc. (NASDAQ:NFLX). Rosenblum Silverman Sutton S F Ca has invested 2.67% in Netflix, Inc. (NASDAQ:NFLX). Hoertkorn Richard Charles invested in 55 shares or 0.01% of the stock. Amer Natl Registered Inv Advisor stated it has 0.27% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Firsthand Management invested in 35,000 shares. Bridgeway Cap Management, a Texas-based fund reported 74,900 shares. Utah Retirement owns 76,324 shares or 0.31% of their US portfolio. San Francisco Sentry Investment Grp (Ca) holds 0.43% or 7,723 shares in its portfolio. Gam Ag invested in 0.02% or 2,797 shares. The New York-based Clearbridge Invs Limited Liability Company has invested 0% in Netflix, Inc. (NASDAQ:NFLX). Daiwa Secs Grp Inc Inc invested in 36,462 shares or 0.05% of the stock.

Among 58 analysts covering Netflix (NASDAQ:NFLX), 39 have Buy rating, 2 Sell and 17 Hold. Therefore 67% are positive. Netflix had 261 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Netflix, Inc. (NASDAQ:NFLX) has “Buy” rating given on Friday, October 13 by Goldman Sachs. The firm earned “Buy” rating on Tuesday, July 18 by Oppenheimer. On Tuesday, October 17 the stock rating was maintained by Loop Capital with “Buy”. BMO Capital Markets initiated it with “Market Perform” rating and $115 target in Friday, October 9 report. Cantor Fitzgerald maintained Netflix, Inc. (NASDAQ:NFLX) rating on Tuesday, June 6. Cantor Fitzgerald has “Buy” rating and $19000 target. On Friday, April 13 the stock rating was upgraded by Deutsche Bank to “Buy”. The firm has “Buy” rating given on Tuesday, July 18 by Bank of America. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Hold” rating by Mizuho on Monday, September 21. On Tuesday, August 4 the stock rating was initiated by Guggenheim with “Buy”. The rating was maintained by JP Morgan with “Overweight” on Tuesday, April 19.

Cabot Corporation (NYSE:CBT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Steve Bissell

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: