Jane Street Group LLC Has $1.47 Million Stock Holdings in Cable One, Inc. (NYSE:CABO)

Jane Street Group LLC lowered its position in shares of Cable One, Inc. (NYSE:CABO - Free Report) by 92.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,193 shares of the company's stock after selling 48,526 shares during the quarter. Jane Street Group LLC owned 0.07% of Cable One worth $1,467,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Abich Financial Wealth Management LLC bought a new position in shares of Cable One in the second quarter valued at $45,000. KBC Group NV raised its position in shares of Cable One by 45.5% during the third quarter. KBC Group NV now owns 160 shares of the company's stock worth $56,000 after purchasing an additional 50 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Cable One by 32.2% during the third quarter. GAMMA Investing LLC now owns 197 shares of the company's stock valued at $69,000 after purchasing an additional 48 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Cable One in the 2nd quarter valued at $72,000. Finally, Signaturefd LLC increased its stake in Cable One by 663.8% in the 2nd quarter. Signaturefd LLC now owns 359 shares of the company's stock worth $127,000 after purchasing an additional 312 shares in the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Cable One Stock Down 0.8 %

Shares of CABO stock traded down $2.85 on Friday, reaching $370.57. 64,661 shares of the company's stock traded hands, compared to its average volume of 101,033. The company has a market capitalization of $2.08 billion, a P/E ratio of 8.57 and a beta of 0.87. Cable One, Inc. has a 12-month low of $311.28 and a 12-month high of $574.53. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.93 and a current ratio of 0.93. The business's 50 day moving average price is $384.27 and its two-hundred day moving average price is $365.47.

Cable One Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 3rd were issued a $2.95 dividend. The ex-dividend date was Tuesday, December 3rd. This represents a $11.80 dividend on an annualized basis and a dividend yield of 3.18%. Cable One's dividend payout ratio is 27.29%.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reduced their price objective on shares of Cable One from $480.00 to $470.00 and set a "neutral" rating for the company in a research note on Tuesday, November 12th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Cable One presently has an average rating of "Hold" and a consensus target price 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.