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

Rothschild & Co Wealth Management UK Ltd grew its holdings in Cable One, Inc. (NYSE:CABO) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 294,400 shares of the company’s stock after purchasing an additional 4,352 shares during the period. Cable One makes up about 1.9% of Rothschild & Co Wealth Management UK Ltd’s holdings, making the stock its 12th biggest position. Rothschild & Co Wealth Management UK Ltd owned about 5.24% of Cable One worth $106,608,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of CABO. Abich Financial Wealth Management LLC purchased a new position in Cable One in the 2nd quarter worth $45,000. KBC Group NV grew its stake in shares of Cable One by 45.5% during the third 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 increased its holdings in shares of Cable One by 20.4% in the third quarter. Public Employees Retirement System of Ohio now owns 171 shares of the company’s stock worth $60,000 after buying an additional 29 shares during the period. GAMMA Investing LLC lifted its stake in shares of Cable One by 32.2% in 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 during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in Cable One during the 2nd quarter valued at about $72,000. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. cut 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 research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $554.40.

Cable One Price Performance

Shares of Cable One stock opened at $323.62 on Thursday. The company has a market capitalization of $1.82 billion, a price-to-earnings ratio of 7.48 and a beta of 0.89. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.84. Cable One, Inc. has a 52 week low of $311.28 and a 52 week high of $573.03. The stock’s 50-day simple moving average is $377.22 and its 200-day simple moving average is $364.57.

Cable One Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 3rd were given a dividend of $2.95 per share. The ex-dividend date was Tuesday, December 3rd. This represents a $11.80 dividend on an annualized basis and a yield of 3.65%. Cable One’s dividend payout ratio (DPR) is presently 27.29%.

Cable One Company 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.