Cable One, Inc. (NYSE:CABO) Stock Holdings Lessened by Bfsg LLC

Bfsg LLC lowered its stake in Cable One, Inc. (NYSE:CABO) by 9.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 884 shares of the company’s stock after selling 87 shares during the period. Bfsg LLC’s holdings in Cable One were worth $320,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of CABO. Eagle Asset Management Inc. increased its holdings in shares of Cable One by 24.9% in the third quarter. Eagle Asset Management Inc. now owns 42,966 shares of the company’s stock valued at $15,029,000 after buying an additional 8,563 shares in the last quarter. Point72 Asset Management L.P. increased its holdings in shares of Cable One by 476.9% in the third quarter. Point72 Asset Management L.P. now owns 9,000 shares of the company’s stock valued at $3,148,000 after buying an additional 7,440 shares in the last quarter. Markel Group Inc. increased its holdings in shares of Cable One by 11.6% in the third quarter. Markel Group Inc. now owns 60,050 shares of the company’s stock valued at $21,005,000 after buying an additional 6,250 shares in the last quarter. Speece Thorson Capital Group Inc. increased its holdings in shares of Cable One by 24.6% in the third quarter. Speece Thorson Capital Group Inc. now owns 27,348 shares of the company’s stock valued at $9,566,000 after buying an additional 5,394 shares in the last quarter. Finally, Rothschild & Co Wealth Management UK Ltd grew its position in Cable One by 1.5% during the 4th quarter. Rothschild & Co Wealth Management UK Ltd now owns 294,400 shares of the company’s stock worth $106,608,000 after purchasing an additional 4,352 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.

Cable One Trading Down 1.9 %

NYSE CABO opened at $289.54 on Wednesday. Cable One, Inc. has a twelve month low of $271.18 and a twelve month high of $495.00. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market cap of $1.63 billion, a price-to-earnings ratio of 6.70 and a beta of 0.89. The firm’s 50 day moving average price is $337.35 and its two-hundred day moving average price is $356.87.

Cable One Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Tuesday, February 18th will be issued a dividend of $2.95 per share. This represents a $11.80 annualized dividend and a dividend yield of 4.08%. The ex-dividend date of this dividend is Tuesday, February 18th. Cable One’s dividend payout ratio is currently 27.29%.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. lowered their price objective on shares of Cable One from $480.00 to $470.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $554.40.

Cable One Company 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.