Cable One, Inc. (NYSE:CABO) Shares Sold by Bailard Inc.

Bailard Inc. decreased its position in shares of Cable One, Inc. (NYSE:CABO) by 58.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,100 shares of the company’s stock after selling 1,529 shares during the quarter. Bailard Inc.’s holdings in Cable One were worth $398,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Sound Income Strategies LLC purchased a new stake in shares of Cable One during the 4th quarter valued at approximately $50,000. KBC Group NV lifted its stake in shares of 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 last quarter. Public Employees Retirement System of Ohio increased its position in shares of 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 purchasing an additional 29 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in Cable One by 523.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 262 shares of the company’s stock valued at $95,000 after buying an additional 220 shares during the period. Finally, Global Retirement Partners LLC lifted its position in Cable One by 15.5% in the fourth quarter. Global Retirement Partners LLC now owns 343 shares of the company’s stock valued at $124,000 after buying an additional 46 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Cable One Stock Up 4.9 %

Shares of CABO opened at $254.07 on Wednesday. The company’s 50-day simple moving average is $317.39 and its 200-day simple moving average is $348.49. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.93 and a current ratio of 0.93. Cable One, Inc. has a 1 year low of $239.29 and a 1 year high of $475.00. The stock has a market capitalization of $1.43 billion, a PE ratio of 5.88 and a beta of 0.89.

Cable One Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Tuesday, February 18th will be given a $2.95 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $11.80 annualized dividend and a yield of 4.64%. Cable One’s dividend payout ratio is presently 229.57%.

Analyst Ratings Changes

A number of brokerages have weighed in on CABO. KeyCorp dropped their price target on shares of Cable One from $825.00 to $650.00 and set an “overweight” rating for the company in a research report on Friday, February 28th. Wells Fargo & Company dropped their target price on shares of Cable One from $340.00 to $240.00 and set an “underweight” rating for the company in a report on Friday, February 28th. Finally, JPMorgan Chase & Co. cut their target price on Cable One from $420.00 to $325.00 and set a “neutral” rating on the stock in a research report on Monday. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $457.20.

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.