Hantz Financial Services Inc. Purchases 2,419 Shares of Cable One, Inc. (NYSE:CABO)

Hantz Financial Services Inc. raised its position in Cable One, Inc. (NYSE:CABO - Free Report) by 116.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,497 shares of the company's stock after purchasing an additional 2,419 shares during the quarter. Hantz Financial Services Inc. owned 0.08% of Cable One worth $1,573,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Price T Rowe Associates Inc. MD raised its holdings in 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 purchasing an additional 171 shares in the last quarter. Jane Street Group LLC boosted its position 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 buying an additional 13,354 shares during the last quarter. Tidal Investments LLC lifted its stake in shares of Cable One by 38.0% in the first quarter. Tidal Investments LLC now owns 962 shares of the company's stock worth $407,000 after acquiring an additional 265 shares in the last quarter. GAMMA Investing LLC raised its stake in Cable One by 964.3% during the second quarter. GAMMA Investing LLC now owns 149 shares of the company's stock valued at $53,000 after buying an additional 135 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in Cable One by 452.4% during the second quarter. Versant Capital Management Inc now owns 116 shares of the company's stock valued at $41,000 after buying an additional 95 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company's stock.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. decreased their price target on Cable One from $480.00 to $470.00 and set a "neutral" rating for the company in a research note on Tuesday, November 12th. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, Cable One currently has an average rating of "Hold" and an average price target of $531.67.

Cable One Stock Performance

Shares of NYSE:CABO traded up $2.71 on Monday, hitting $422.93. The company had a trading volume of 87,222 shares, compared to its average volume of 103,148. The stock has a 50 day moving average price of $368.22 and a 200 day moving average price of $363.76. The stock has a market cap of $2.38 billion, a price-to-earnings ratio of 9.72 and a beta of 0.84. Cable One, Inc. has a 1-year low of $311.28 and a 1-year high of $574.53. 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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Tuesday, December 3rd will be given a dividend of $2.95 per share. This represents a $11.80 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date is Tuesday, December 3rd. Cable One's dividend payout ratio is presently 27.29%.

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.