Cable One, Inc. (NYSE:CABO) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its position in Cable One, Inc. (NYSE:CABO) by 3.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,753 shares of the company’s stock after selling 63 shares during the period. Yousif Capital Management LLC’s holdings in Cable One were worth $635,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Sound Income Strategies LLC acquired a new stake in shares of Cable One in the 4th quarter worth approximately $50,000. KBC Group NV grew its holdings 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 buying an additional 50 shares during the last quarter. Public Employees Retirement System of Ohio grew its holdings in Cable One by 20.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 171 shares of the company’s stock valued at $60,000 after buying an additional 29 shares during the last quarter. Nisa Investment Advisors LLC grew its holdings in Cable One by 523.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 262 shares of the company’s stock valued at $95,000 after buying an additional 220 shares during the last quarter. Finally, Pacer Advisors Inc. grew its holdings in Cable One by 102.0% during the 4th quarter. Pacer Advisors Inc. now owns 414 shares of the company’s stock valued at $150,000 after buying an additional 209 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. lowered their target price on Cable One from $480.00 to $470.00 and set a “neutral” rating on the stock in a report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $554.40.

Cable One Trading Up 3.1 %

NYSE:CABO opened at $293.94 on Monday. The business’s 50-day moving average is $339.49 and its two-hundred day moving average is $357.64. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.93 and a quick ratio of 0.93. The firm has a market capitalization of $1.65 billion, a PE ratio of 6.80 and a beta of 0.89. Cable One, Inc. has a 12 month low of $271.18 and a 12 month high of $505.99.

Cable One Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Tuesday, February 18th will be paid a $2.95 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $11.80 dividend on an annualized basis and a yield of 4.01%. Cable One’s dividend payout ratio (DPR) is 27.29%.

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.