Vanguard Personalized Indexing Management LLC grew its stake in Cable One, Inc. (NYSE:CABO – Free Report) by 22.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,448 shares of the company’s stock after buying an additional 261 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Cable One were worth $891,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the stock. Raymond James Trust N.A. lifted its stake in shares of Cable One by 6.3% during the 1st quarter. Raymond James Trust N.A. now owns 187 shares of the company’s stock valued at $274,000 after buying an additional 11 shares in the last quarter. Personal CFO Solutions LLC lifted its position in shares of Cable One by 4.8% in the second quarter. Personal CFO Solutions LLC now owns 327 shares of the company’s stock valued at $215,000 after acquiring an additional 15 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of Cable One by 0.6% in the fourth quarter. Public Employees Retirement System of Ohio now owns 3,262 shares of the company’s stock worth $2,322,000 after acquiring an additional 18 shares during the period. Toroso Investments LLC grew its position in shares of Cable One by 10.3% during the first quarter. Toroso Investments LLC now owns 203 shares of the company’s stock worth $297,000 after purchasing an additional 19 shares in the last quarter. Finally, Inspire Investing LLC raised its position in shares of Cable One by 5.0% during the third quarter. Inspire Investing LLC now owns 502 shares of the company’s stock valued at $309,000 after buying an additional 24 shares during the last quarter. Institutional investors own 98.60% of the company’s stock.
Analyst Upgrades and Downgrades
CABO has been the topic of a number of research analyst reports. KeyCorp decreased their target price on Cable One from $1,175.00 to $1,110.00 and set an “overweight” rating on the stock in a research report on Friday, November 3rd. BNP Paribas began coverage on shares of Cable One in a research report on Monday, December 4th. They set an “underperform” rating and a $418.00 price objective for the company. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Cable One presently has a consensus rating of “Hold” and an average price target of $793.00.
Cable One Stock Up 1.6 %
Shares of CABO opened at $506.03 on Tuesday. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 2.04. The business has a fifty day moving average of $538.54 and a 200 day moving average of $588.77. The company has a market cap of $2.84 billion, a PE ratio of 40.78 and a beta of 0.87. Cable One, Inc. has a 52-week low of $482.95 and a 52-week high of $801.88.
Cable One Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, March 8th. Stockholders of record on Tuesday, February 20th will be issued a $2.95 dividend. The ex-dividend date of this dividend is Friday, February 16th. This represents a $11.80 annualized dividend and a dividend yield of 2.33%. Cable One’s dividend payout ratio (DPR) is presently 95.08%.
Cable One Profile
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 various residential video services from basic video service to digital services with access to hundreds of channels; and provides a cloud-based DVR feature that does not require the use of a set-top boxes.
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