Rothschild & Co Wealth Management UK Ltd Buys 4,352 Shares of Cable One, Inc. (NYSE:CABO)

Rothschild & Co Wealth Management UK Ltd raised its stake in Cable One, Inc. (NYSE:CABO) by 1.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 294,400 shares of the company’s stock after buying an additional 4,352 shares during the period. Cable One makes up about 1.9% of Rothschild & Co Wealth Management UK Ltd’s investment portfolio, making the stock its 12th biggest position. Rothschild & Co Wealth Management UK Ltd owned approximately 0.05% of Cable One worth $106,608,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Public Sector Pension Investment Board bought a new stake in Cable One during the 2nd quarter valued at $3,554,000. Marshall Wace LLP bought a new stake in shares of Cable One in the 2nd quarter valued at about $1,410,000. Speece Thorson Capital Group Inc. lifted its position in shares of Cable One by 24.6% in the 3rd quarter. Speece Thorson Capital Group Inc. now owns 27,348 shares of the company’s stock worth $9,566,000 after purchasing an additional 5,394 shares during the period. Dimensional Fund Advisors LP increased its holdings in Cable One by 6.6% during the second quarter. Dimensional Fund Advisors LP now owns 134,998 shares of the company’s stock valued at $47,788,000 after buying an additional 8,339 shares during the period. Finally, Hantz Financial Services Inc. lifted its holdings in Cable One by 116.4% during the third 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. 89.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. dropped their price objective on Cable One from $480.00 to $470.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 12th. One 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $554.40.

Cable One Stock Performance

Shares of CABO stock opened at $323.62 on Thursday. The business has a fifty day moving average of $377.22 and a 200 day moving average of $364.57. 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 $1.82 billion, a price-to-earnings ratio of 7.48 and a beta of 0.89. Cable One, Inc. has a 1 year low of $311.28 and a 1 year high of $573.03.

Cable One Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 3rd were issued a $2.95 dividend. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $11.80 annualized dividend and a yield of 3.65%. Cable One’s dividend payout ratio (DPR) is presently 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.