MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $1.16 Million Holdings in Cable One, Inc. (NYSE:CABO)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Cable One, Inc. (NYSE:CABO) by 4.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,210 shares of the company’s stock after buying an additional 129 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.06% of Cable One worth $1,162,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Summit Investment Advisors Inc. grew its position in shares of Cable One by 6.7% in the 4th quarter. Summit Investment Advisors Inc. now owns 590 shares of the company’s stock valued at $214,000 after acquiring an additional 37 shares during the period. Global Retirement Partners LLC grew its holdings in Cable One by 15.5% during the fourth quarter. Global Retirement Partners LLC now owns 343 shares of the company’s stock worth $124,000 after purchasing an additional 46 shares during the period. Illinois Municipal Retirement Fund increased its position in Cable One by 2.3% during the fourth quarter. Illinois Municipal Retirement Fund now owns 2,690 shares of the company’s stock worth $974,000 after buying an additional 61 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Cable One by 18.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 418 shares of the company’s stock valued at $151,000 after buying an additional 65 shares during the period. Finally, KBC Group NV lifted its position in shares of Cable One by 45.0% in the fourth quarter. KBC Group NV now owns 232 shares of the company’s stock valued at $84,000 after buying an additional 72 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Cable One Trading Up 3.1%

Shares of Cable One stock opened at $152.30 on Monday. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.93 and a current ratio of 0.93. The firm has a 50-day moving average of $229.67 and a 200-day moving average of $300.32. Cable One, Inc. has a 52-week low of $140.69 and a 52-week high of $437.00. The stock has a market cap of $857.16 million, a PE ratio of 3.52 and a beta of 1.00.

Cable One (NYSE:CABO) last issued its quarterly earnings data on Thursday, May 1st. The company reported $12.32 earnings per share for the quarter, topping the consensus estimate of $12.21 by $0.11. Cable One had a net margin of 15.86% and a return on equity of 10.98%. The business had revenue of $380.60 million during the quarter, compared to analysts’ expectations of $386.61 million. As a group, sell-side analysts forecast that Cable One, Inc. will post 32.08 EPS for the current year.

Insider Activity

In other news, Director Wallace R. Weitz acquired 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was acquired at an average price of $244.02 per share, with a total value of $244,020.00. Following the completion of the transaction, the director now directly owns 5,584 shares of the company’s stock, valued at $1,362,607.68. This trade represents a 21.82% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.90% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CABO. JPMorgan Chase & Co. decreased their target price on Cable One from $325.00 to $222.00 and set a “neutral” rating on the stock in a report on Tuesday, May 6th. Raymond James lowered shares of Cable One from an “outperform” rating to a “market perform” rating in a research report on Friday, May 2nd. KeyCorp reaffirmed a “sector weight” rating on shares of Cable One in a report on Friday, May 2nd. Finally, Wells Fargo & Company lowered their price target on shares of Cable One from $340.00 to $240.00 and set an “underweight” rating on the stock in a report on Friday, February 28th.

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.