Signaturefd LLC Has $43,000 Stake in Cable One, Inc. $CABO

Signaturefd LLC boosted its stake in Cable One, Inc. (NYSE:CABO) by 171.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 320 shares of the company’s stock after buying an additional 202 shares during the quarter. Signaturefd LLC’s holdings in Cable One were worth $43,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. SummerHaven Investment Management LLC boosted its stake in Cable One by 2.0% in the 1st quarter. SummerHaven Investment Management LLC now owns 2,392 shares of the company’s stock valued at $636,000 after buying an additional 47 shares in the last quarter. Spire Wealth Management boosted its stake in Cable One by 21.3% in the 1st quarter. Spire Wealth Management now owns 382 shares of the company’s stock valued at $102,000 after buying an additional 67 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in Cable One in the 1st quarter valued at $30,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Cable One by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,361 shares of the company’s stock valued at $893,000 after buying an additional 151 shares in the last quarter. Finally, Brooklyn Investment Group boosted its stake in Cable One by 5,233.3% in the 1st quarter. Brooklyn Investment Group now owns 160 shares of the company’s stock valued at $43,000 after buying an additional 157 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on CABO. Weiss Ratings reissued a “sell (d-)” rating on shares of Cable One in a research note on Saturday, September 27th. Wells Fargo & Company reduced their price objective on Cable One from $210.00 to $120.00 and set an “underweight” rating on the stock in a research note on Friday, August 1st. BNP Paribas raised Cable One from a “strong sell” rating to a “hold” rating in a research note on Monday, June 16th. Finally, BNP Paribas Exane raised Cable One from an “underperform” rating to a “neutral” rating and set a $125.00 price objective on the stock in a research note on Monday, June 16th. Five investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $279.25.

Cable One Trading Down 2.1%

CABO stock opened at $174.74 on Tuesday. The company has a market cap of $983.81 million, a P/E ratio of -1.98 and a beta of 0.87. Cable One, Inc. has a twelve month low of $117.54 and a twelve month high of $436.99. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 2.16. The business has a fifty day moving average of $158.21 and a 200-day moving average of $174.18.

Cable One (NYSE:CABO) last released its earnings results on Thursday, July 31st. The company reported $3.23 earnings per share for the quarter, missing analysts’ consensus estimates of $8.23 by ($5.00). The firm had revenue of $381.07 million for the quarter, compared to the consensus estimate of $379.81 million. Cable One had a positive return on equity of 8.40% and a negative net margin of 32.18%.During the same quarter in the previous year, the firm earned $10.29 EPS. As a group, equities research analysts expect that Cable One, Inc. will post 32.08 EPS for the current year.

Cable One Company 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.