Cable One, Inc. (NYSE:CABO) Shares Bought by Hantz Financial Services Inc.

Hantz Financial Services Inc. grew its holdings in Cable One, Inc. (NYSE:CABO) by 116.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 4,497 shares of the company’s stock after buying an additional 2,419 shares during the quarter. Hantz Financial Services Inc.’s holdings in Cable One were worth $1,573,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Versant Capital Management Inc boosted its stake in Cable One by 452.4% during the second quarter. Versant Capital Management Inc now owns 116 shares of the company’s stock worth $41,000 after buying an additional 95 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in shares of Cable One during the 2nd quarter valued at about $45,000. GAMMA Investing LLC boosted its position in shares of Cable One by 964.3% during the 2nd quarter. GAMMA Investing LLC now owns 149 shares of the company’s stock valued at $53,000 after acquiring an additional 135 shares during the last quarter. KBC Group NV grew its holdings in shares of Cable One by 45.5% in the third 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. Finally, Innealta Capital LLC acquired a new stake in Cable One during the second quarter worth about $65,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. dropped their price target on shares of Cable One from $480.00 to $470.00 and set a “neutral” rating for the company in a research note on Tuesday, November 12th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $531.67.

Cable One Trading Up 0.2 %

NYSE CABO opened at $420.22 on Monday. Cable One, Inc. has a 12 month low of $311.28 and a 12 month high of $574.53. The stock has a market capitalization of $2.36 billion, a P/E ratio of 9.72 and a beta of 0.84. The firm’s 50-day moving average is $368.22 and its two-hundred day moving average is $363.93. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.93 and a quick ratio of 0.93.

Cable One Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Tuesday, December 3rd will be issued a $2.95 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $11.80 annualized dividend and a yield of 2.81%. Cable One’s dividend payout ratio (DPR) is presently 27.29%.

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.