US Bancorp DE Has $407,000 Stock Holdings in Cable One, Inc. (NYSE:CABO)

US Bancorp DE decreased its position in Cable One, Inc. (NYSE:CABOGet Rating) by 14.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 477 shares of the company’s stock after selling 82 shares during the period. US Bancorp DE’s holdings in Cable One were worth $407,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Rothschild & Co Wealth Management UK Ltd raised its stake in shares of Cable One by 35.2% in the third quarter. Rothschild & Co Wealth Management UK Ltd now owns 251,250 shares of the company’s stock valued at $214,329,000 after purchasing an additional 65,395 shares in the last quarter. Capital International Investors raised its stake in shares of Cable One by 74.9% in the 1st quarter. Capital International Investors now owns 204,285 shares of the company’s stock valued at $300,489,000 after buying an additional 87,503 shares in the last quarter. Artisan Partners Limited Partnership bought a new position in shares of Cable One during the 2nd quarter worth about $68,746,000. Massachusetts Financial Services Co. MA boosted its position in shares of Cable One by 4.0% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 123,947 shares of the company’s stock valued at $159,808,000 after acquiring an additional 4,785 shares in the last quarter. Finally, Parnassus Investments LLC increased its stake in Cable One by 30.1% in the second quarter. Parnassus Investments LLC now owns 122,122 shares of the company’s stock valued at $157,454,000 after acquiring an additional 28,253 shares during the period. Institutional investors own 90.08% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on CABO shares. Wells Fargo & Company cut their price target on shares of Cable One from $1,200.00 to $850.00 and set an “equal weight” rating for the company in a research note on Friday, November 4th. KeyCorp decreased their price target on Cable One from $1,725.00 to $1,300.00 and set an “overweight” rating on the stock in a research note on Friday, November 4th. Finally, StockNews.com assumed coverage on Cable One in a research report on Wednesday, October 12th. They issued a “hold” rating on the stock. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Cable One presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,420.00.

Insiders Place Their Bets

In related news, Director Thomas Sinnickson Gayner bought 5,000 shares of Cable One stock in a transaction dated Monday, November 14th. The shares were bought at an average cost of $714.72 per share, for a total transaction of $3,573,600.00. Following the completion of the transaction, the director now owns 26,700 shares of the company’s stock, valued at $19,083,024. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.20% of the company’s stock.

Cable One Stock Performance

NYSE:CABO opened at $800.32 on Tuesday. The stock has a market capitalization of $4.65 billion, a P/E ratio of 13.33 and a beta of 0.78. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 1.99. Cable One, Inc. has a 1 year low of $620.57 and a 1 year high of $1,586.83. The firm has a 50 day moving average of $721.87 and a 200-day moving average of $951.60.

Cable One (NYSE:CABOGet Rating) last issued its quarterly earnings data on Thursday, November 3rd. The company reported $11.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $12.61 by ($1.08). The business had revenue of $424.72 million during the quarter, compared to the consensus estimate of $431.82 million. Cable One had a net margin of 21.96% and a return on equity of 20.32%. As a group, sell-side analysts anticipate that Cable One, Inc. will post 61.12 EPS for the current fiscal year.

Cable One Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 16th. Investors of record on Tuesday, November 29th were given a dividend of $2.85 per share. The ex-dividend date of this dividend was Monday, November 28th. This represents a $11.40 annualized dividend and a yield of 1.42%. Cable One’s dividend payout ratio (DPR) is 18.99%.

Cable One Company Profile

(Get Rating)

Cable One, Inc, together with its subsidiaries, provides data, video, and voice services in the United States. The company offers residential data services, a service to enhance Wi-Fi signal throughout the home. It also provides residential video services, such as local networks; local community programming that includes governmental and public access; and other channels, as well as digital video services, including national and regional cable networks, music channels, and an interactive and electronic programming guide with parental controls.

Recommended Stories

Want to see what other hedge funds are holding CABO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cable One, Inc. (NYSE:CABOGet Rating).

Institutional Ownership by Quarter for Cable One (NYSE:CABO)

Receive News & Ratings for Cable One Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cable One and related companies with MarketBeat.com's FREE daily email newsletter.