GSA Capital Partners LLP decreased its holdings in Cable One, Inc. (NYSE:CABO - Free Report) by 65.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 779 shares of the company's stock after selling 1,470 shares during the quarter. GSA Capital Partners LLP's holdings in Cable One were worth $272,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also added to or reduced their stakes in the stock. Raymond James Trust N.A. lifted its position in shares of Cable One by 2.1% in the 2nd quarter. Raymond James Trust N.A. now owns 1,581 shares of the company's stock worth $560,000 after purchasing an additional 33 shares during the period. Bfsg LLC raised its stake in Cable One by 3.5% in the third quarter. Bfsg LLC now owns 971 shares of the company's stock worth $340,000 after buying an additional 33 shares in the last quarter. SummerHaven Investment Management LLC lifted its holdings 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 during the period. GAMMA Investing LLC boosted its position in Cable One by 32.2% during the 3rd quarter. GAMMA Investing LLC now owns 197 shares of the company's stock valued at $69,000 after acquiring an additional 48 shares in the last quarter. Finally, Harbor Capital Advisors Inc. boosted its position in Cable One by 17.5% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 491 shares of the company's stock valued at $172,000 after acquiring an additional 73 shares in the last quarter. Institutional investors own 89.92% of the company's stock.
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. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, Cable One has a consensus rating of "Hold" and a consensus target price of $531.67.
View Our Latest Stock Analysis on Cable One
NYSE:CABO opened at $416.55 on Friday. Cable One, Inc. has a one year low of $311.28 and a one year high of $574.53. The company's 50-day simple moving average is $360.33 and its 200 day simple moving average is $363.29. The firm has a market capitalization of $2.34 billion, a P/E ratio of 9.63 and a beta of 0.84. 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 business also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Tuesday, December 3rd will be paid a $2.95 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $11.80 annualized dividend and a dividend yield of 2.83%. Cable One's payout ratio is currently 27.29%.
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.
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