Boston Trust Walden Corp Has $22.51 Million Position in Cable One, Inc. (NYSE:CABO)

Boston Trust Walden Corp decreased its stake in shares of Cable One, Inc. (NYSE:CABO) by 3.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 62,152 shares of the company’s stock after selling 2,220 shares during the quarter. Boston Trust Walden Corp’s holdings in Cable One were worth $22,506,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Berry Wealth Group LP bought a new stake in shares of Cable One in the 4th quarter valued at about $240,000. Hantz Financial Services Inc. grew its position in Cable One by 50.7% in the 4th quarter. Hantz Financial Services Inc. now owns 6,779 shares of the company’s stock worth $2,455,000 after purchasing an additional 2,282 shares in the last quarter. Pacer Advisors Inc. grew its position in shares of Cable One by 102.0% during the 4th quarter. Pacer Advisors Inc. now owns 414 shares of the company’s stock valued at $150,000 after acquiring an additional 209 shares during the period. KBC Group NV boosted its holdings in Cable One by 45.0% in the 4th quarter. KBC Group NV now owns 232 shares of the company’s stock worth $84,000 after buying an additional 72 shares during the period. Finally, Sound Income Strategies LLC purchased a new stake in Cable One in the 4th quarter worth approximately $50,000. 89.92% of the stock is currently owned by institutional investors.

Cable One Stock Down 5.4 %

NYSE:CABO opened at $287.63 on Tuesday. Cable One, Inc. has a fifty-two week low of $282.48 and a fifty-two week high of $515.49. The firm has a 50-day simple moving average of $363.55 and a two-hundred day simple moving average of $363.33. The firm has a market cap of $1.62 billion, a P/E ratio of 6.65 and a beta of 0.90. 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 3rd were paid a $2.95 dividend. The ex-dividend date was Tuesday, December 3rd. This represents a $11.80 annualized dividend and a dividend yield of 4.10%. Cable One’s dividend payout ratio (DPR) is 27.29%.

Analyst Upgrades and Downgrades

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 report on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $554.40.

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.