Signaturefd LLC Has $127,000 Holdings in Cable One, Inc. (NYSE:CABO)

Signaturefd LLC raised its holdings in Cable One, Inc. (NYSE:CABO) by 663.8% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 359 shares of the company’s stock after purchasing an additional 312 shares during the quarter. Signaturefd LLC’s holdings in Cable One were worth $127,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in CABO. Fifth Third Bancorp boosted its holdings in shares of Cable One by 87.5% during the 1st quarter. Fifth Third Bancorp now owns 75 shares of the company’s stock worth $32,000 after buying an additional 35 shares during the period. Versant Capital Management Inc lifted its position 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 acquiring an additional 95 shares during the last quarter. Spire Wealth Management bought a new stake in shares of Cable One during the fourth quarter worth approximately $46,000. Principal Securities Inc. acquired a new position in shares of Cable One in the fourth quarter valued at approximately $53,000. Finally, GAMMA Investing LLC increased its stake in shares of Cable One by 964.3% during the second quarter. GAMMA Investing LLC now owns 149 shares of the company’s stock worth $53,000 after purchasing an additional 135 shares during the period. 89.92% of the stock is owned by institutional investors and hedge funds.

Cable One Trading Up 0.6 %

Shares of CABO stock opened at $354.84 on Wednesday. The stock has a market cap of $1.99 billion, a P/E ratio of 8.13 and a beta of 0.83. Cable One, Inc. has a 1 year low of $318.68 and a 1 year high of $671.62. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 1.79. The stock has a 50 day simple moving average of $363.75 and a 200 day simple moving average of $389.90.

Cable One (NYSE:CABO) last announced its quarterly earnings data on Thursday, August 1st. The company reported $8.16 earnings per share for the quarter, missing the consensus estimate of $10.36 by ($2.20). The company had revenue of $394.46 million during the quarter, compared to analyst estimates of $400.64 million. Cable One had a net margin of 15.31% and a return on equity of 11.69%. Cable One’s revenue was down 7.0% on a year-over-year basis. During the same period in the prior year, the firm earned $10.43 earnings per share. On average, research analysts predict that Cable One, Inc. will post 30.99 earnings per share for the current fiscal year.

Cable One Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Tuesday, August 27th will be given a dividend of $2.95 per share. The ex-dividend date is Tuesday, August 27th. This represents a $11.80 annualized dividend and a yield of 3.33%. Cable One’s dividend payout ratio is 27.02%.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. increased their price objective on Cable One from $470.00 to $480.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 6th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $533.33.

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.