Cable One, Inc. (NYSE:CABO) Shares Sold by XTX Topco Ltd

XTX Topco Ltd decreased its position in shares of Cable One, Inc. (NYSE:CABO) by 52.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,975 shares of the company’s stock after selling 2,185 shares during the period. XTX Topco Ltd’s holdings in Cable One were worth $715,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio increased its holdings in shares of 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 during the period. Summit Investment Advisors Inc. increased its stake in Cable One by 6.7% in the fourth quarter. Summit Investment Advisors Inc. now owns 590 shares of the company’s stock valued at $214,000 after purchasing an additional 37 shares during the period. Sanctuary Advisors LLC raised its holdings in shares of Cable One by 3.1% in the third quarter. Sanctuary Advisors LLC now owns 1,445 shares of the company’s stock valued at $505,000 after buying an additional 43 shares during the last quarter. Global Retirement Partners LLC boosted its stake in shares of Cable One by 15.5% during the fourth quarter. Global Retirement Partners LLC now owns 343 shares of the company’s stock worth $124,000 after buying an additional 46 shares during the period. Finally, Illinois Municipal Retirement Fund grew its holdings in shares of Cable One by 2.3% during the fourth quarter. Illinois Municipal Retirement Fund now owns 2,690 shares of the company’s stock worth $974,000 after buying an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Insider Buying and Selling at Cable One

In related news, Director Wallace R. Weitz bought 1,000 shares of the company’s stock in a transaction on Tuesday, March 4th. The stock was bought at an average cost of $244.02 per share, with a total value of $244,020.00. Following the completion of the acquisition, the director now owns 5,584 shares in the company, valued at approximately $1,362,607.68. This represents a 21.82 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on CABO shares. Wells Fargo & Company decreased their price objective on Cable One from $340.00 to $240.00 and set an “underweight” rating for the company in a research report on Friday, February 28th. KeyCorp lowered their price objective on shares of Cable One from $825.00 to $650.00 and set an “overweight” rating on the stock in a research report on Friday, February 28th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Cable One from $420.00 to $325.00 and set a “neutral” rating for the company in a research report on Monday, March 3rd.

Cable One Stock Performance

Shares of CABO stock opened at $255.48 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.84. The stock has a 50 day simple moving average of $264.88 and a 200-day simple moving average of $327.52. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 5.91 and a beta of 1.07. Cable One, Inc. has a 12-month low of $225.94 and a 12-month high of $437.00.

Cable One Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Tuesday, February 18th were given a $2.95 dividend. This represents a $11.80 annualized dividend and a yield of 4.62%. The ex-dividend date was Tuesday, February 18th. Cable One’s payout ratio is 229.57%.

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.