Crossmark Global Holdings Inc. Buys 198 Shares of Cable One, Inc. (NYSE:CABO)

Crossmark Global Holdings Inc. increased its stake in shares of Cable One, Inc. (NYSE:CABO) by 24.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,008 shares of the company’s stock after acquiring an additional 198 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Cable One were worth $353,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Covestor Ltd increased its stake in Cable One by 18.0% in the 3rd quarter. Covestor Ltd now owns 591 shares of the company’s stock valued at $207,000 after buying an additional 90 shares during the last quarter. Markel Group Inc. increased its position in shares of Cable One by 11.6% during the third quarter. Markel Group Inc. now owns 60,050 shares of the company’s stock valued at $21,005,000 after acquiring an additional 6,250 shares during the last quarter. Harbor Capital Advisors Inc. lifted its holdings in Cable One by 17.5% during the third quarter. Harbor Capital Advisors Inc. now owns 491 shares of the company’s stock worth $172,000 after acquiring an additional 73 shares during the period. Private Management Group Inc. boosted its position in Cable One by 2.1% in the third quarter. Private Management Group Inc. now owns 115,999 shares of the company’s stock worth $40,575,000 after purchasing an additional 2,358 shares during the last quarter. Finally, Semanteon Capital Management LP grew its stake in Cable One by 275.0% in the 3rd quarter. Semanteon Capital Management LP now owns 3,319 shares of the company’s stock valued at $1,161,000 after purchasing an additional 2,434 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. cut their price target on shares of Cable One from $480.00 to $470.00 and set a “neutral” rating on the stock in a report on Tuesday, November 12th. Two research analysts have 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, Cable One presently has a consensus rating of “Hold” and a consensus target price of $531.67.

Cable One Stock Performance

NYSE:CABO opened at $397.64 on Monday. Cable One, Inc. has a 1 year low of $311.28 and a 1 year high of $574.76. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.93 and a quick ratio of 1.81. The business has a fifty day simple moving average of $352.88 and a two-hundred day simple moving average of $362.48. The company has a market capitalization of $2.23 billion, a P/E ratio of 9.20 and a beta of 0.84.

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.