Intech Investment Management LLC Has $663,000 Stock Holdings in Cable One, Inc. (NYSE:CABO)

Intech Investment Management LLC raised its holdings in Cable One, Inc. (NYSE:CABO) by 66.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,830 shares of the company’s stock after buying an additional 733 shares during the quarter. Intech Investment Management LLC’s holdings in Cable One were worth $663,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. AlphaQuest LLC bought a new stake in shares of Cable One in the fourth quarter valued at approximately $49,000. Sound Income Strategies LLC acquired a new position in Cable One during the 4th quarter valued at $50,000. KBC Group NV boosted its holdings in Cable One by 45.5% in the 3rd quarter. KBC Group NV now owns 160 shares of the company’s stock valued at $56,000 after purchasing an additional 50 shares during the period. Public Employees Retirement System of Ohio grew its position in Cable One by 20.4% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 171 shares of the company’s stock worth $60,000 after purchasing an additional 29 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its holdings in shares of Cable One by 523.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 262 shares of the company’s stock worth $95,000 after purchasing an additional 220 shares during the period. 89.92% of the stock is owned by institutional investors.

Analyst Ratings Changes

CABO has been the subject of several research reports. Wells Fargo & Company reduced their target price on shares of Cable One from $340.00 to $240.00 and set an “underweight” rating for the company in a research note on Friday, February 28th. JPMorgan Chase & Co. reduced their price objective on Cable One from $420.00 to $325.00 and set a “neutral” rating for the company in a research report on Monday, March 3rd. Finally, KeyCorp lowered their price objective on Cable One from $825.00 to $650.00 and set an “overweight” rating on the stock in a research report on Friday, February 28th.

Cable One Stock Performance

NYSE CABO opened at $256.56 on Monday. Cable One, Inc. has a twelve month low of $225.94 and a twelve month high of $441.00. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.84. The stock has a market cap of $1.44 billion, a P/E ratio of 5.93 and a beta of 0.93. The company’s 50-day simple moving average is $287.49 and its 200 day simple moving average is $339.01.

Cable One Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Tuesday, February 18th were given a dividend of $2.95 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $11.80 annualized dividend and a dividend yield of 4.60%. Cable One’s dividend payout ratio (DPR) is presently 229.57%.

Insider Activity at Cable One

In related news, Director Wallace R. Weitz acquired 1,000 shares of the business’s stock in a transaction on Tuesday, March 4th. The stock was bought at an average cost of $244.02 per share, with a total value of $244,020.00. Following the completion of the acquisition, the director now owns 5,584 shares in the company, valued at $1,362,607.68. The trade was a 21.82 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.70% of the stock is owned by insiders.

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.