SG Americas Securities LLC Has $113,000 Stock Position in Cable One, Inc. (NYSE:CABO)

SG Americas Securities LLC trimmed its position in Cable One, Inc. (NYSE:CABO) by 57.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 311 shares of the company’s stock after selling 424 shares during the quarter. SG Americas Securities LLC’s holdings in Cable One were worth $113,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Speece Thorson Capital Group Inc. grew its position in shares of Cable One by 24.6% during the 3rd quarter. Speece Thorson Capital Group Inc. now owns 27,348 shares of the company’s stock worth $9,566,000 after buying an additional 5,394 shares during the period. Hantz Financial Services Inc. grew its position in shares of Cable One by 116.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 4,497 shares of the company’s stock worth $1,573,000 after buying an additional 2,419 shares during the period. MetLife Investment Management LLC grew its position in shares of Cable One by 129.0% during the 3rd quarter. MetLife Investment Management LLC now owns 3,259 shares of the company’s stock worth $1,140,000 after buying an additional 1,836 shares during the period. Private Management Group Inc. grew its position in shares of Cable One by 2.1% during the 3rd quarter. Private Management Group Inc. now owns 115,999 shares of the company’s stock worth $40,575,000 after buying an additional 2,358 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Cable One by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 118,170 shares of the company’s stock worth $41,342,000 after buying an additional 1,839 shares during the period. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Cable One Price Performance

Shares of CABO opened at $279.32 on Thursday. 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 stock has a 50 day simple moving average of $344.68 and a 200 day simple moving average of $359.73. Cable One, Inc. has a 52-week low of $271.18 and a 52-week high of $505.99. The firm has a market capitalization of $1.57 billion, a PE ratio of 6.46 and a beta of 0.89.

Cable One Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Tuesday, February 18th will be given a $2.95 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $11.80 annualized dividend and a dividend yield of 4.22%. Cable One’s dividend payout ratio is presently 27.29%.

Analysts Set New Price Targets

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 issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $554.40.

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.