Cable One, Inc. (NYSE:CABO) Chairman Thomas O. Might sold 2,793 shares of the business’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $676.44, for a total value of $1,889,296.92. Following the transaction, the chairman now owns 37,702 shares in the company, valued at approximately $25,503,140.88. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of Cable One, Inc. (NYSE CABO) opened at $695.18 on Thursday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 2.21. The firm has a market capitalization of $3,902.97, a P/E ratio of 33.26, a price-to-earnings-growth ratio of 10.26 and a beta of 0.19. Cable One, Inc. has a 12-month low of $564.26 and a 12-month high of $788.00.

Cable One (NYSE:CABO) last posted its quarterly earnings data on Wednesday, November 8th. The company reported $5.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $5.20 by $0.28. The business had revenue of $253.85 million for the quarter, compared to analysts’ expectations of $255.68 million. Cable One had a return on equity of 23.97% and a net margin of 12.95%. The business’s revenue was up 23.5% on a year-over-year basis. During the same period in the previous year, the firm posted $3.63 EPS. equities research analysts anticipate that Cable One, Inc. will post 22.14 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 8th. Shareholders of record on Tuesday, November 21st were given a dividend of $1.75 per share. The ex-dividend date of this dividend was Monday, November 20th. This represents a $7.00 annualized dividend and a yield of 1.01%. Cable One’s payout ratio is 34.18%.

Institutional investors and hedge funds have recently modified their holdings of the company. Victory Capital Management Inc. boosted its position in shares of Cable One by 28.3% in the 2nd quarter. Victory Capital Management Inc. now owns 163 shares of the company’s stock worth $116,000 after purchasing an additional 36 shares in the last quarter. US Bancorp DE boosted its position in shares of Cable One by 19.6% in the 2nd quarter. US Bancorp DE now owns 275 shares of the company’s stock worth $196,000 after purchasing an additional 45 shares in the last quarter. Palisade Asset Management LLC bought a new stake in shares of Cable One in the 3rd quarter worth approximately $202,000. Virtu KCG Holdings LLC bought a new stake in shares of Cable One in the 2nd quarter worth approximately $209,000. Finally, Usca Ria LLC bought a new stake in shares of Cable One in the 2nd quarter worth approximately $213,000. 73.10% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have weighed in on CABO. BidaskClub raised Cable One from a “hold” rating to a “buy” rating in a research report on Friday, October 13th. Zacks Investment Research raised Cable One from a “sell” rating to a “hold” rating in a research report on Tuesday, October 17th. Wells Fargo & Company reaffirmed a “market perform” rating and set a $700.00 price objective (down from $761.00) on shares of Cable One in a research report on Monday, November 13th. J P Morgan Chase & Co cut Cable One from a “neutral” rating to an “underweight” rating in a research report on Monday, November 13th. Finally, SunTrust Banks reaffirmed a “buy” rating and set a $815.00 price objective on shares of Cable One in a research report on Friday, November 10th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Cable One has an average rating of “Hold” and an average target price of $705.00.

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About Cable One

Cable One, Inc is a provider of data, video and voice services. The Company offers products, including Residential Video Services, Residential Data Services, Residential Voice Services, Business Services and Advertising. As of May 1, 2017, the Company provided data, video and voice services in 21 Western, Midwestern and Southern states.

Insider Buying and Selling by Quarter for Cable One (NYSE:CABO)

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