Cable One, Inc. (NYSE:CABO) Shares Sold by Semanteon Capital Management LP

Semanteon Capital Management LP reduced its stake in Cable One, Inc. (NYSE:CABO) by 11.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,932 shares of the company’s stock after selling 387 shares during the quarter. Semanteon Capital Management LP owned about 0.05% of Cable One worth $1,062,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of CABO. Public Employees Retirement System of Ohio grew its holdings in shares of Cable One by 20.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 171 shares of the company’s stock worth $60,000 after purchasing an additional 29 shares during the period. Sanctuary Advisors LLC raised its holdings in Cable One by 3.1% in the third quarter. Sanctuary Advisors LLC now owns 1,445 shares of the company’s stock valued at $505,000 after acquiring an additional 43 shares in the last quarter. Global Retirement Partners LLC lifted its position in shares of 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 last quarter. KBC Group NV increased its holdings in shares of Cable One by 45.5% in the 3rd quarter. KBC Group NV now owns 160 shares of the company’s stock valued at $56,000 after acquiring an additional 50 shares during the last quarter. Finally, Illinois Municipal Retirement Fund raised its holdings in shares of 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 purchasing an additional 61 shares during the period. Institutional investors and hedge funds own 89.92% of the company’s stock.

Cable One Price Performance

NYSE CABO opened at $254.90 on Friday. The firm’s 50 day moving average is $289.40 and its 200-day moving average is $339.86. Cable One, Inc. has a 12-month low of $225.94 and a 12-month high of $452.72. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.84. The company has a market capitalization of $1.43 billion, a PE ratio of 5.89 and a beta of 0.93.

Cable One Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Tuesday, February 18th were paid a dividend of $2.95 per share. This represents a $11.80 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date was Tuesday, February 18th. Cable One’s dividend payout ratio is presently 229.57%.

Insider Transactions at Cable One

In other news, Director Wallace R. Weitz purchased 1,000 shares of the business’s stock in a transaction dated Tuesday, March 4th. The stock was bought at an average price of $244.02 per share, with a total value of $244,020.00. Following the acquisition, the director now owns 5,584 shares in the company, valued at approximately $1,362,607.68. The trade was a 21.82 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.70% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. reduced their price objective on Cable One from $420.00 to $325.00 and set a “neutral” rating for the company in a research report on Monday, March 3rd. Wells Fargo & Company decreased their price target on shares of Cable One from $340.00 to $240.00 and set an “underweight” rating on the stock in a research report on Friday, February 28th. Finally, KeyCorp cut their price target on Cable One from $825.00 to $650.00 and set an “overweight” rating for the company in a research note 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.