2,388 Shares in Cable One, Inc. (NYSE:CABO) Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. bought a new stake in shares of Cable One, Inc. (NYSE:CABO) during the 4th quarter, Holdings Channel.com reports. The fund bought 2,388 shares of the company’s stock, valued at approximately $865,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Raymond James Financial Inc. purchased a new stake in shares of Cable One during the 4th quarter worth $28,129,000. Norges Bank purchased a new stake in shares of Cable One during the fourth quarter valued at about $11,993,000. Proficio Capital Partners LLC bought a new stake in shares of Cable One in the 4th quarter valued at about $10,491,000. Point72 Asset Management L.P. grew its position in shares of Cable One by 476.9% in the 3rd quarter. Point72 Asset Management L.P. now owns 9,000 shares of the company’s stock worth $3,148,000 after buying an additional 7,440 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Cable One by 8.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 86,776 shares of the company’s stock worth $31,423,000 after acquiring an additional 7,055 shares in the last quarter. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Cable One Trading Down 4.7 %

Shares of Cable One stock opened at $254.65 on Friday. Cable One, Inc. has a 12-month low of $225.94 and a 12-month high of $437.00. The firm’s 50 day simple moving average is $274.75 and its two-hundred day simple moving average is $334.19. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.84. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of 5.89 and a beta of 0.93.

Cable One Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Tuesday, February 18th were paid a $2.95 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $11.80 dividend on an annualized basis and a yield of 4.63%. Cable One’s dividend payout ratio (DPR) is 229.57%.

Insiders Place Their Bets

In other Cable One news, Director Wallace R. Weitz purchased 1,000 shares of Cable One stock in a transaction on Tuesday, March 4th. The stock was bought at an average cost of $244.02 per share, with a total value of $244,020.00. Following the transaction, the director now owns 5,584 shares of the company’s stock, valued at $1,362,607.68. This represents a 21.82 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.70% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

CABO has been the subject of several recent analyst reports. KeyCorp cut their price target on shares of Cable One from $825.00 to $650.00 and set an “overweight” rating on the stock in a report on Friday, February 28th. JPMorgan Chase & Co. dropped their target price on Cable One from $420.00 to $325.00 and set a “neutral” rating on the stock in a research note on Monday, March 3rd. Finally, Wells Fargo & Company decreased their price target on Cable One from $340.00 to $240.00 and set an “underweight” rating for the company in a research note on Friday, February 28th.

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.