Pathstone Holdings LLC Has $1.68 Million Position in Cable One, Inc. (NYSE:CABO)

Pathstone Holdings LLC trimmed its position in shares of Cable One, Inc. (NYSE:CABO) by 3.9% during the third quarter, HoldingsChannel.com reports. The firm owned 4,799 shares of the company’s stock after selling 194 shares during the period. Pathstone Holdings LLC’s holdings in Cable One were worth $1,679,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC grew its stake in shares of Cable One by 880.9% in the first quarter. Jane Street Group LLC now owns 14,870 shares of the company’s stock worth $6,292,000 after purchasing an additional 13,354 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Cable One by 11.0% during the 1st quarter. Vanguard Group Inc. now owns 490,178 shares of the company’s stock worth $207,409,000 after buying an additional 48,513 shares during the period. Private Management Group Inc. grew its position in shares of Cable One by 70.7% in the 2nd quarter. Private Management Group Inc. now owns 113,641 shares of the company’s stock valued at $40,229,000 after buying an additional 47,082 shares during the last quarter. Public Sector Pension Investment Board acquired a new stake in shares of Cable One in the second quarter valued at about $3,554,000. Finally, Marshall Wace LLP acquired a new position in shares of Cable One in the second quarter worth approximately $1,410,000. 89.92% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. decreased their target price 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. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $531.67.

Cable One Stock Up 0.0 %

Shares of NYSE:CABO opened at $419.57 on Thursday. Cable One, Inc. has a 1 year low of $311.28 and a 1 year high of $574.53. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.93 and a quick ratio of 0.93. The business’s 50-day moving average is $363.72 and its 200-day moving average is $363.28. The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of 9.70 and a beta of 0.84.

Cable One Announces Dividend

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

Cable One Profile

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.