Rothschild & Co Wealth Management UK Ltd Sells 205 Shares of Cable One, Inc. (NYSE:CABO)

Rothschild & Co Wealth Management UK Ltd trimmed its stake in shares of Cable One, Inc. (NYSE:CABO) by 0.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 278,805 shares of the company’s stock after selling 205 shares during the quarter. Cable One comprises about 2.5% of Rothschild & Co Wealth Management UK Ltd’s investment portfolio, making the stock its 12th biggest position. Rothschild & Co Wealth Management UK Ltd’s holdings in Cable One were worth $155,180,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. 1832 Asset Management L.P. acquired a new position in Cable One in the first quarter valued at about $58,000. Global Retirement Partners LLC increased its holdings in Cable One by 51.9% in the 3rd quarter. Global Retirement Partners LLC now owns 117 shares of the company’s stock valued at $71,000 after buying an additional 40 shares during the period. SRS Capital Advisors Inc. increased its holdings in Cable One by 43.0% in the 3rd quarter. SRS Capital Advisors Inc. now owns 153 shares of the company’s stock valued at $94,000 after buying an additional 46 shares during the period. Meeder Asset Management Inc. raised its position in shares of Cable One by 8,850.0% in the 4th quarter. Meeder Asset Management Inc. now owns 179 shares of the company’s stock valued at $127,000 after buying an additional 177 shares in the last quarter. Finally, Advisors Asset Management Inc. bought a new stake in shares of Cable One during the 1st quarter worth approximately $186,000. 89.92% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on CABO shares. KeyCorp decreased their price objective on shares of Cable One from $900.00 to $881.00 and set an “overweight” rating on the stock in a research note on Thursday, April 4th. Moffett Nathanson upgraded Cable One from a “neutral” rating to a “buy” rating and set a $615.00 price target on the stock in a research note on Tuesday, March 5th. Finally, Wells Fargo & Company lowered their price target on Cable One from $460.00 to $400.00 and set an “underweight” rating for the company in a report on Friday, April 5th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $627.80.

Insider Buying and Selling

In other Cable One news, insider Christopher D. Boone sold 204 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $460.00, for a total value of $93,840.00. Following the completion of the transaction, the insider now directly owns 1,854 shares in the company, valued at approximately $852,840. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 1.30% of the stock is owned by corporate insiders.

Cable One Price Performance

NYSE:CABO traded down $5.43 on Wednesday, hitting $387.00. The company had a trading volume of 88,325 shares, compared to its average volume of 98,437. Cable One, Inc. has a 52 week low of $373.37 and a 52 week high of $768.75. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.94. The stock has a market capitalization of $2.17 billion, a price-to-earnings ratio of 8.58 and a beta of 0.80. The firm has a 50 day moving average of $443.11 and a two-hundred day moving average of $520.32.

Cable One (NYSE:CABO) last announced its quarterly earnings results on Thursday, February 22nd. The company reported $10.66 EPS for the quarter, missing analysts’ consensus estimates of $12.86 by ($2.20). Cable One had a net margin of 15.94% and a return on equity of 13.65%. The firm had revenue of $411.82 million during the quarter, compared to the consensus estimate of $417.66 million. On average, research analysts anticipate that Cable One, Inc. will post 43.36 earnings per share for the current year.

Cable One Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Tuesday, February 20th were given a dividend of $2.95 per share. The ex-dividend date of this dividend was Friday, February 16th. This represents a $11.80 annualized dividend and a yield of 3.05%. Cable One’s dividend payout ratio is presently 26.12%.

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.