2,381 Shares in Cable One, Inc. (NYSE:CABO) Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC acquired a new position in Cable One, Inc. (NYSE:CABO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 2,381 shares of the company’s stock, valued at approximately $862,000.

Other institutional investors have also recently bought and sold shares of the company. AlphaQuest LLC acquired a new stake in shares of Cable One in the fourth quarter valued at approximately $49,000. Sound Income Strategies LLC bought a new position in Cable One during the 4th quarter worth $50,000. Public Employees Retirement System of Ohio raised its holdings in Cable One by 20.4% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 171 shares of the company’s stock valued at $60,000 after acquiring an additional 29 shares in the last quarter. KBC Group NV lifted its position in shares of Cable One by 45.0% during the 4th quarter. KBC Group NV now owns 232 shares of the company’s stock valued at $84,000 after acquiring an additional 72 shares during the period. Finally, Nisa Investment Advisors LLC grew its holdings in shares of Cable One by 523.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 262 shares of the company’s stock worth $95,000 after purchasing an additional 220 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.

Insider Buying and Selling at Cable One

In other news, Director Wallace R. Weitz bought 1,000 shares of the company’s stock in a transaction on Tuesday, March 4th. The stock was purchased at an average cost of $244.02 per share, for a total transaction of $244,020.00. Following the completion of the transaction, the director now owns 5,584 shares of the company’s stock, valued at $1,362,607.68. This trade represents a 21.82 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.70% of the company’s stock.

Cable One Stock Down 1.5 %

Shares of NYSE CABO opened at $251.10 on Tuesday. The company has a market cap of $1.41 billion, a price-to-earnings ratio of 5.81 and a beta of 1.07. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.84. Cable One, Inc. has a 12 month low of $225.94 and a 12 month high of $437.00. The stock has a 50-day moving average price of $272.93 and a two-hundred day moving average price of $333.44.

Cable One Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Tuesday, February 18th were paid a $2.95 dividend. This represents a $11.80 annualized dividend and a yield of 4.70%. The ex-dividend date of this dividend was Tuesday, February 18th. Cable One’s payout ratio is 229.57%.

Wall Street Analyst Weigh In

CABO has been the subject of a number of analyst reports. JPMorgan Chase & Co. dropped their price target on Cable One from $420.00 to $325.00 and set a “neutral” rating for the company in a research note on Monday, March 3rd. KeyCorp cut their price target on shares of Cable One from $825.00 to $650.00 and set an “overweight” rating for the company in a report on Friday, February 28th. Finally, Wells Fargo & Company reduced their price target on shares of Cable One from $340.00 to $240.00 and set an “underweight” rating on the stock in a research report on Friday, February 28th.

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.