Cable One, Inc. (NYSE:CABO) Shares Sold by Speece Thorson Capital Group Inc.

Speece Thorson Capital Group Inc. reduced its position in Cable One, Inc. (NYSE:CABO - Free Report) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,292 shares of the company's stock after selling 1,056 shares during the quarter. Speece Thorson Capital Group Inc. owned about 0.47% of Cable One worth $9,521,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. AlphaQuest LLC acquired a new position in Cable One during the 4th quarter valued at approximately $49,000. Sound Income Strategies LLC purchased a new stake in shares of Cable One during the fourth quarter valued at $50,000. Public Employees Retirement System of Ohio increased its position in shares of Cable One by 20.4% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 171 shares of the company's stock valued at $60,000 after acquiring an additional 29 shares during the period. Federated Hermes Inc. raised its stake in Cable One by 201.8% in the 4th quarter. Federated Hermes Inc. now owns 166 shares of the company's stock worth $60,000 after acquiring an additional 111 shares during the last quarter. Finally, KBC Group NV lifted its position in Cable One by 45.0% during the 4th quarter. KBC Group NV now owns 232 shares of the company's stock worth $84,000 after acquiring an additional 72 shares during the period. 89.92% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Cable One

In other Cable One news, Director Wallace R. Weitz purchased 1,000 shares of the stock in a transaction on Tuesday, March 4th. The shares were bought at an average price of $244.02 per share, for a total transaction of $244,020.00. Following the completion of the transaction, the director now owns 5,584 shares of the company's stock, valued at $1,362,607.68. This trade represents a 21.82 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.90% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

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

Cable One Stock Performance

Shares of NYSE CABO traded up $0.39 during midday trading on Thursday, reaching $258.24. 129,230 shares of the stock were exchanged, compared to its average volume of 111,824. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.84. The firm has a market cap of $1.45 billion, a price-to-earnings ratio of 5.97 and a beta of 1.07. The firm has a 50-day simple moving average of $262.55 and a two-hundred day simple moving average of $325.00. Cable One, Inc. has a twelve month low of $225.94 and a twelve month high of $437.00.

Cable One Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Tuesday, February 18th were given a dividend of $2.95 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $11.80 annualized dividend and a yield of 4.57%. Cable One's dividend payout ratio is presently 229.57%.

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.