Hantz Financial Services Inc. Has $2.46 Million Stock Position in Cable One, Inc. (NYSE:CABO)

Hantz Financial Services Inc. raised its holdings in Cable One, Inc. (NYSE:CABO) by 50.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,779 shares of the company’s stock after buying an additional 2,282 shares during the quarter. Hantz Financial Services Inc. owned 0.12% of Cable One worth $2,455,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of CABO. Marshall Wace LLP acquired a new position in shares of Cable One during the 2nd quarter valued at $1,410,000. Speece Thorson Capital Group Inc. increased its stake in Cable One by 24.6% in the third quarter. Speece Thorson Capital Group Inc. now owns 27,348 shares of the company’s stock valued at $9,566,000 after purchasing an additional 5,394 shares in the last quarter. MetLife Investment Management LLC raised its holdings in shares of Cable One by 129.0% during the third quarter. MetLife Investment Management LLC now owns 3,259 shares of the company’s stock valued at $1,140,000 after purchasing an additional 1,836 shares during the period. Private Management Group Inc. boosted its position in shares of Cable One by 2.1% during the 3rd quarter. Private Management Group Inc. now owns 115,999 shares of the company’s stock worth $40,575,000 after purchasing an additional 2,358 shares in the last quarter. Finally, Creative Planning grew its stake in shares of Cable One by 209.3% in the 2nd quarter. Creative Planning now owns 3,532 shares of the company’s stock valued at $1,250,000 after buying an additional 2,390 shares during the period. 89.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. cut their price target on Cable One from $480.00 to $470.00 and set a “neutral” rating on the stock in a report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $554.40.

Cable One Trading Down 6.5 %

NYSE:CABO opened at $302.01 on Friday. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.93 and a quick ratio of 0.93. Cable One, Inc. has a one year low of $297.52 and a one year high of $566.88. The company has a market cap of $1.70 billion, a PE ratio of 6.98 and a beta of 0.89. The firm has a 50-day moving average of $368.58 and a 200-day moving average of $364.23.

Cable One Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 3rd were paid a $2.95 dividend. This represents a $11.80 annualized dividend and a dividend yield of 3.91%. The ex-dividend date was Tuesday, December 3rd. Cable One’s dividend payout ratio (DPR) is presently 27.29%.

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.