Hantz Financial Services Inc. Buys 2,282 Shares of Cable One, Inc. (NYSE:CABO)

Hantz Financial Services Inc. boosted its stake in Cable One, Inc. (NYSE:CABO) by 50.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,779 shares of the company’s stock after acquiring an additional 2,282 shares during the period. Hantz Financial Services Inc.’s holdings in Cable One were worth $2,455,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Marshall Wace LLP bought a new stake in shares of Cable One in the 2nd quarter worth approximately $1,410,000. Speece Thorson Capital Group Inc. raised its stake 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 during the period. MetLife Investment Management LLC raised its stake in shares of Cable One by 129.0% in the third quarter. MetLife Investment Management LLC now owns 3,259 shares of the company’s stock valued at $1,140,000 after buying an additional 1,836 shares during the period. Private Management Group Inc. lifted its position in shares of Cable One by 2.1% during the 3rd quarter. Private Management Group Inc. now owns 115,999 shares of the company’s stock valued at $40,575,000 after buying an additional 2,358 shares during the last quarter. Finally, Creative Planning grew its stake in shares of Cable One by 209.3% during the 2nd quarter. Creative Planning now owns 3,532 shares of the company’s stock worth $1,250,000 after acquiring an additional 2,390 shares during the period. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. dropped their price objective on shares of Cable One from $480.00 to $470.00 and set a “neutral” rating on the stock in a report on Tuesday, November 12th. One 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 currently has an average rating of “Hold” and an average target price of $554.40.

Cable One Stock Performance

NYSE:CABO opened at $302.01 on Friday. The business’s fifty day moving average is $368.58 and its 200 day moving average is $364.23. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of 6.98 and a beta of 0.89. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.93 and a current ratio of 0.93. Cable One, Inc. has a 52-week low of $297.52 and a 52-week high of $566.88.

Cable One Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 3rd were given a dividend of $2.95 per share. This represents a $11.80 annualized dividend and a dividend yield of 3.91%. The ex-dividend date of this dividend was Tuesday, December 3rd. Cable One’s dividend payout ratio is presently 27.29%.

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.