XTX Topco Ltd Purchases 1,307 Shares of Cable One, Inc. (NYSE:CABO)

XTX Topco Ltd increased its position in Cable One, Inc. (NYSE:CABO - Free Report) by 45.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,160 shares of the company's stock after buying an additional 1,307 shares during the quarter. XTX Topco Ltd owned 0.07% of Cable One worth $1,455,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of CABO. Raymond James Trust N.A. increased its position in Cable One by 2.1% during the 2nd quarter. Raymond James Trust N.A. now owns 1,581 shares of the company's stock valued at $560,000 after purchasing an additional 33 shares during the period. Bfsg LLC increased its position in shares of Cable One by 3.5% during the third quarter. Bfsg LLC now owns 971 shares of the company's stock valued at $340,000 after buying an additional 33 shares during the period. SummerHaven Investment Management LLC raised its stake in Cable One by 3.6% in the second quarter. SummerHaven Investment Management LLC now owns 1,185 shares of the company's stock worth $419,000 after buying an additional 41 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Cable One by 32.2% in the third quarter. GAMMA Investing LLC now owns 197 shares of the company's stock worth $69,000 after buying an additional 48 shares during the period. Finally, KBC Group NV boosted its position in Cable One by 45.5% during the 3rd quarter. KBC Group NV now owns 160 shares of the company's stock valued at $56,000 after acquiring an additional 50 shares in the last quarter. 89.92% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. decreased their target price on Cable One from $480.00 to $470.00 and set a "neutral" rating for the company in a research report on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $554.40.

Cable One Stock Down 5.0 %

NYSE:CABO traded down $20.88 during mid-day trading on Monday, hitting $400.85. 77,172 shares of the company's stock were exchanged, compared to its average volume of 102,322. The company has a market cap of $2.25 billion, a PE ratio of 9.27 and a beta of 0.87. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.93 and a quick ratio of 0.93. Cable One, Inc. has a one year low of $311.28 and a one year high of $574.53. The business has a fifty day moving average price of $376.25 and a 200 day moving average price of $365.65.

Cable One Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Tuesday, December 3rd will be paid a dividend of $2.95 per share. This represents a $11.80 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date of this dividend is Tuesday, December 3rd. Cable One's payout ratio is 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.