874 Shares in Cable One, Inc. (NYSE:CABO) Purchased by Caisse Des Depots ET Consignations

Caisse Des Depots ET Consignations bought a new stake in Cable One, Inc. (NYSE:CABO) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 874 shares of the company’s stock, valued at approximately $316,000.

Other institutional investors have also recently bought and sold shares of the company. AlphaQuest LLC acquired a new stake in shares of Cable One in the fourth quarter valued at approximately $49,000. Sound Income Strategies LLC acquired a new stake in Cable One in the 4th quarter valued at $50,000. Public Employees Retirement System of Ohio lifted its position in Cable One by 20.4% during the 3rd 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 in the last quarter. KBC Group NV lifted its position in Cable One by 45.0% during the 4th quarter. KBC Group NV now owns 232 shares of the company’s stock worth $84,000 after buying an additional 72 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake 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 buying an additional 220 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

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

Cable One Stock Performance

CABO opened at $273.60 on Friday. 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 12-month low of $225.94 and a 12-month high of $437.00. The business has a 50 day moving average of $282.40 and a 200-day moving average of $336.87. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 6.33 and a beta of 0.93.

Cable One Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Tuesday, February 18th were issued a dividend of $2.95 per share. This represents a $11.80 annualized dividend and a yield of 4.31%. The ex-dividend date of this dividend was Tuesday, February 18th. Cable One’s dividend payout ratio is 229.57%.

Insiders Place Their Bets

In related news, Director Wallace R. Weitz bought 1,000 shares of the business’s stock in a transaction dated Tuesday, March 4th. The stock was bought at an average price of $244.02 per share, for a total transaction of $244,020.00. Following the purchase, the director now owns 5,584 shares in the company, valued at $1,362,607.68. This represents a 21.82 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.70% of the company’s stock.

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.