Cabot Corporation (CBT) filed 8-K

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Cabot Corporation (CBT) files 8-K in a filing on Wednesday, May 08 accessible here.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers (d) On May 6, 2019, Brian A. Berube, Cabot Corporation’s Senior Vice President and General Counsel, announced that he would be leaving Cabot. Mr. Berube will step down from these positions effective June 3, 2019 and will remain an employee of the Company until July 14, 2019.

(d) On May 6, 2019, Brian A. Berube, Cabot Corporation’s Senior Vice President and General Counsel, announced that he would be leaving Cabot. Mr. Berube will step down from these positions effective June 3, 2019 and will remain an employee of the Company until July 14, 2019.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

The stock decreased 0.49% or $0.23 during the last trading session, reaching $46.92. About 207,768 shares traded. Cabot Corporation (NYSE:CBT) has declined 21.03% since May 8, 2018 and is downtrending. It has underperformed by 25.40% the S&P500.

Cabot Corporation operates as a specialty chemicals and performance materials company. The company has market cap of $2.79 billion. The firm offers rubber grade carbon blacks used in tires as a rubber reinforcing agent and performance additive, as well as in industrial products, such as hoses, belts, extruded profiles, and molded goods; and compounds of carbon black and rubber. It has a 10.44 P/E ratio. It also provides specialty grades of carbon black used in inks, coatings, plastics, adhesives, toners, batteries, and displays applications; masterbatch and conductive compound products for use in automotive, industrial, packaging, consumer products, and electronics industries; inkjet colorants used in the inkjet printing applications; fumed silica used in adhesives, sealants, cosmetics, batteries, inks, toners, silicone elastomers, coatings, polishing slurries, and pharmaceuticals; fumed alumina used in various products, including inkjet media, lighting, coatings, cosmetics, and polishing slurries; and aerogel, a hydrophobic, silica particle for use in various thermal insulation and specialty chemical applications.

Investors sentiment decreased to 0.86 in Q4 2018. Its down 0.32, from 1.18 in 2018Q3. It dived, as 33 investors sold Cabot Corporation shares while 99 reduced holdings. 48 funds opened positions while 65 raised stakes. 49.73 million shares or 2.13% less from 50.81 million shares in 2018Q3 were reported.
Sei Invs holds 0.01% or 57,650 shares in its portfolio. Moreover, National Bank Of Montreal Can has 0% invested in Cabot Corporation (NYSE:CBT) for 41,915 shares. Evercore Wealth Mgmt Llc invested in 0.01% or 6,856 shares. Ajo Lp holds 917,146 shares. Ing Groep Nv accumulated 9,202 shares. Captrust Financial Advisors holds 505 shares or 0% of its portfolio. Comerica National Bank stated it has 100,870 shares. Canada Pension Plan Inv Board holds 0.01% or 80,000 shares in its portfolio. Loring Wolcott & Coolidge Fiduciary Advsrs Ltd Liability Partnership Ma has 0.25% invested in Cabot Corporation (NYSE:CBT) for 317,934 shares. Ubs Asset Americas reported 0% stake. Btim Corporation holds 7,773 shares or 0.01% of its portfolio. Signaturefd Limited Liability Corp reported 116 shares. Jacobs Levy Equity Incorporated has 0.22% invested in Cabot Corporation (NYSE:CBT). North Star Corporation has 0% invested in Cabot Corporation (NYSE:CBT) for 800 shares. Moreover, Hbk Investments Lp has 0.02% invested in Cabot Corporation (NYSE:CBT).

More notable recent Cabot Corporation (NYSE:CBT) news were published by: Seekingalpha.com which released: “More on Cabot Q2 earnings – Seeking Alpha” on May 07, 2019, also Finance.Yahoo.com with their article: “Cabot Corp (CBT) Q2 2019 Earnings Call Transcript – Yahoo Finance” published on May 07, 2019, Finance.Yahoo.com published: “Here’s What Hedge Funds Think About Cabot Corporation (CBT) – Yahoo Finance” on April 29, 2019. More interesting news about Cabot Corporation (NYSE:CBT) were released by: Benzinga.com and their article: “Earnings Scheduled For May 6, 2019 – Benzinga” published on May 06, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is BancorpSouth Bank (BXS) A Good Stock To Buy? – Yahoo Finance” with publication date: April 29, 2019.

Cabot Corporation (NYSE:CBT) Institutional Positions Chart

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