Cable One, Inc. (NYSE:CABO) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP lessened its holdings in Cable One, Inc. (NYSE:CABO - Free Report) by 66.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 727 shares of the company's stock after selling 1,418 shares during the period. Quantbot Technologies LP's holdings in Cable One were worth $254,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of CABO. Abich Financial Wealth Management LLC acquired a new position in shares of Cable One in the 2nd quarter valued at $45,000. GAMMA Investing LLC raised its holdings in shares of Cable One by 964.3% in the 2nd quarter. GAMMA Investing LLC now owns 149 shares of the company's stock valued at $53,000 after buying an additional 135 shares during the period. KBC Group NV raised its holdings in shares of Cable One by 45.5% in the 3rd quarter. KBC Group NV now owns 160 shares of the company's stock valued at $56,000 after buying an additional 50 shares during the period. Innealta Capital LLC purchased a new stake in shares of Cable One in the 2nd quarter valued at $65,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Cable One in the 2nd quarter valued at $72,000. Institutional investors and hedge funds own 89.92% of the company's stock.

Cable One Stock Up 1.7 %

NYSE CABO traded up $7.04 during trading hours on Thursday, hitting $416.35. 58,241 shares of the company were exchanged, compared to its average volume of 102,613. The company has a 50 day moving average of $373.88 and a two-hundred day moving average of $364.79. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.84. Cable One, Inc. has a 52-week low of $311.28 and a 52-week high of $574.53. The firm has a market cap of $2.34 billion, a price-to-earnings ratio of 9.63 and a beta of 0.87.

Cable One Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Tuesday, December 3rd will be issued a dividend of $2.95 per share. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $11.80 annualized dividend and a yield of 2.83%. Cable One's dividend payout ratio (DPR) is 27.29%.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. cut their price objective on Cable One from $480.00 to $470.00 and set a "neutral" rating on the stock in a report on Tuesday, November 12th. One 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 company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $554.40.

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.