Cable One, Inc. (NYSE:CABO) Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp lessened its position in Cable One, Inc. (NYSE:CABO - Free Report) by 5.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 64,372 shares of the company's stock after selling 4,049 shares during the quarter. Boston Trust Walden Corp owned about 1.15% of Cable One worth $22,517,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Cable One by 11.0% in the first quarter. Vanguard Group Inc. now owns 490,178 shares of the company's stock valued at $207,409,000 after acquiring an additional 48,513 shares in the last quarter. Burgundy Asset Management Ltd. lifted its position in Cable One by 42.4% during the second quarter. Burgundy Asset Management Ltd. now owns 290,662 shares of the company's stock worth $102,894,000 after buying an additional 86,581 shares in the last quarter. Canada Pension Plan Investment Board lifted its position in Cable One by 28.1% during the second quarter. Canada Pension Plan Investment Board now owns 205,611 shares of the company's stock worth $72,786,000 after buying an additional 45,115 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Cable One by 6.6% during the second quarter. Dimensional Fund Advisors LP now owns 134,998 shares of the company's stock worth $47,788,000 after buying an additional 8,339 shares in the last quarter. Finally, Private Management Group Inc. lifted its position in Cable One by 70.7% during the second quarter. Private Management Group Inc. now owns 113,641 shares of the company's stock worth $40,229,000 after buying an additional 47,082 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company's stock.

Cable One Trading Down 0.4 %

CABO stock traded down $1.35 during midday trading on Friday, hitting $343.65. 37,374 shares of the company's stock were exchanged, compared to its average volume of 103,843. The business has a 50-day simple moving average of $344.83 and a two-hundred day simple moving average of $364.10. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 1.87. The stock has a market capitalization of $1.93 billion, a PE ratio of 7.87 and a beta of 0.84. Cable One, Inc. has a 1-year low of $311.28 and a 1-year high of $618.44.

Cable One (NYSE:CABO - Get Free Report) last posted its earnings results on Thursday, August 1st. The company reported $8.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.36 by ($2.20). The business had revenue of $394.46 million for the quarter, compared to analyst estimates of $400.64 million. Cable One had a return on equity of 12.04% and a net margin of 15.31%. Cable One's revenue was down 7.0% compared to the same quarter last year. During the same period last year, the business earned $10.43 EPS. On average, sell-side analysts predict that Cable One, Inc. will post 30.99 EPS for the current fiscal year.

Cable One Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Tuesday, August 27th were paid a $2.95 dividend. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $11.80 dividend on an annualized basis and a dividend yield of 3.43%. Cable One's payout ratio is presently 27.02%.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. lifted their price objective on Cable One from $470.00 to $480.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 6th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $533.33.

Cable One Company 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.