Cable One, Inc. (NYSE:CABO) Shares Sold by Repertoire Partners LP

Repertoire Partners LP lowered its position in shares of Cable One, Inc. (NYSE:CABO - Free Report) by 35.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,328 shares of the company's stock after selling 1,259 shares during the period. Cable One comprises about 0.9% of Repertoire Partners LP's holdings, making the stock its 16th largest position. Repertoire Partners LP's holdings in Cable One were worth $814,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Price T Rowe Associates Inc. MD grew its holdings in shares of Cable One by 7.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 2,500 shares of the company's stock worth $1,058,000 after buying an additional 171 shares during the last quarter. Jane Street Group LLC boosted its holdings in Cable One by 880.9% in the 1st quarter. Jane Street Group LLC now owns 14,870 shares of the company's stock valued at $6,292,000 after purchasing an additional 13,354 shares in the last quarter. Tidal Investments LLC boosted its holdings in Cable One by 38.0% in the 1st quarter. Tidal Investments LLC now owns 962 shares of the company's stock valued at $407,000 after purchasing an additional 265 shares in the last quarter. GAMMA Investing LLC boosted its holdings in 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 purchasing an additional 135 shares in the last quarter. Finally, CWM LLC boosted its holdings in Cable One by 1,038.7% in the 2nd quarter. CWM LLC now owns 353 shares of the company's stock valued at $125,000 after purchasing an additional 322 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company's stock.

Cable One Price Performance

Shares of NYSE:CABO traded up $7.04 during trading on Thursday, hitting $416.35. 58,241 shares of the stock were exchanged, compared to its average volume of 102,613. The company has a fifty day moving average price of $373.88 and a two-hundred day moving average price of $364.79. The company has a market cap of $2.34 billion, a PE ratio of 9.63 and a beta of 0.87. 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 $311.28 and a 12-month high of $574.53.

Cable One Dividend Announcement

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

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. lowered 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 assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $554.40.

About Cable One

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.