Landscape Capital Management L.L.C. Makes New Investment in Cable One, Inc. (NYSE:CABO)

Landscape Capital Management L.L.C. bought a new position in shares of Cable One, Inc. (NYSE:CABO - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,388 shares of the company's stock, valued at approximately $865,000.

Other large investors have also recently modified their holdings of the company. AlphaQuest LLC purchased a new stake in shares of Cable One during the fourth quarter worth $49,000. Sound Income Strategies LLC purchased a new stake in shares of Cable One during the 4th quarter worth $50,000. Public Employees Retirement System of Ohio boosted its holdings in Cable One by 20.4% in the third quarter. Public Employees Retirement System of Ohio now owns 171 shares of the company's stock valued at $60,000 after purchasing an additional 29 shares in the last quarter. KBC Group NV lifted its stake in Cable One by 45.0% in the fourth quarter. KBC Group NV now owns 232 shares of the company's stock valued at $84,000 after buying an additional 72 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its position in Cable One by 523.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 262 shares of the company's stock worth $95,000 after purchasing an additional 220 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company's stock.

Analysts Set New Price Targets

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

Cable One Price Performance

NYSE CABO traded up $5.57 on Friday, reaching $265.63. The company's stock had a trading volume of 97,153 shares, compared to its average volume of 116,825. The business has a 50-day moving average price of $266.90 and a 200 day moving average price of $329.91. 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 52 week low of $225.94 and a 52 week high of $437.00. The firm has a market cap of $1.49 billion, a PE ratio of 6.14 and a beta of 1.07.

Cable One Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Tuesday, February 18th were issued a dividend of $2.95 per share. This represents a $11.80 dividend on an annualized basis and a yield of 4.44%. The ex-dividend date was Tuesday, February 18th. Cable One's dividend payout ratio is presently 229.57%.

Insider Buying and Selling

In other news, Director Wallace R. Weitz acquired 1,000 shares of the firm's stock in a transaction dated Tuesday, March 4th. The stock was bought at an average price of $244.02 per share, with a total value of $244,020.00. Following the transaction, the director now directly owns 5,584 shares in the company, valued at approximately $1,362,607.68. The trade was a 21.82 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.70% of the stock is owned by insiders.

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.