Cable One, Inc. (NYSE:CABO) Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC boosted its position in shares of Cable One, Inc. (NYSE:CABO) by 10.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,598 shares of the company’s stock after acquiring an additional 153 shares during the quarter. Sanctuary Advisors LLC’s holdings in Cable One were worth $579,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Eagle Asset Management Inc. boosted its stake in shares of Cable One by 24.9% in the third quarter. Eagle Asset Management Inc. now owns 42,966 shares of the company’s stock valued at $15,029,000 after purchasing an additional 8,563 shares during the period. Point72 Asset Management L.P. boosted its position in Cable One by 476.9% in the 3rd quarter. Point72 Asset Management L.P. now owns 9,000 shares of the company’s stock valued at $3,148,000 after buying an additional 7,440 shares during the period. Markel Group Inc. boosted its position in Cable One by 11.6% in the 3rd quarter. Markel Group Inc. now owns 60,050 shares of the company’s stock valued at $21,005,000 after buying an additional 6,250 shares during the period. Speece Thorson Capital Group Inc. grew its stake in shares of Cable One by 24.6% in the third quarter. Speece Thorson Capital Group Inc. now owns 27,348 shares of the company’s stock worth $9,566,000 after acquiring an additional 5,394 shares in the last quarter. Finally, Rothschild & Co Wealth Management UK Ltd increased its position in shares of Cable One by 1.5% during the fourth quarter. Rothschild & Co Wealth Management UK Ltd now owns 294,400 shares of the company’s stock worth $106,608,000 after acquiring an additional 4,352 shares during the period. 89.92% of the stock is owned by institutional investors and hedge funds.

Cable One Stock Down 2.4 %

CABO stock opened at $260.18 on Friday. The stock has a market cap of $1.46 billion, a P/E ratio of 6.02 and a beta of 0.89. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.84. Cable One, Inc. has a twelve month low of $250.08 and a twelve month high of $475.00. The company’s 50 day moving average is $319.90 and its two-hundred day moving average is $349.54.

Cable One Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Tuesday, February 18th will be issued a dividend of $2.95 per share. This represents a $11.80 annualized dividend and a dividend yield of 4.54%. The ex-dividend date of this dividend is Tuesday, February 18th. Cable One’s payout ratio is 27.29%.

Analysts Set New Price Targets

Several research analysts recently commented on CABO shares. Wells Fargo & Company lowered their target price on Cable One from $340.00 to $240.00 and set an “underweight” rating for the company in a research note on Friday. JPMorgan Chase & Co. decreased their price objective on Cable One from $480.00 to $470.00 and set a “neutral” rating for the company in a research note on Tuesday, November 12th. Finally, KeyCorp lowered their price target on shares of Cable One from $825.00 to $650.00 and set an “overweight” rating for the company in a report on Friday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Cable One presently has a consensus rating of “Hold” and an average price target of $486.20.

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.