2 weeks Ago By ABMN Staff
Amalgamated Bank decreased its stake in Cable One, Inc. ( NYSE:CABO – Free Report ) by 56.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
The firm owned 1,428 shares of the company’s stock after selling 1,887 shares during the period. Amalgamated Bank’s holdings in Cable One were worth $506,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds also recently made changes to their positions in CABO.
Dimensional Fund Advisors LP increased its position in shares of Cable One by 6.6% during the second quarter. Dimensional Fund Advisors LP now owns 134,998 shares of the company’s stock valued at $47,788,000 after acquiring an additional 8,339 shares during the last quarter.
Brown Brothers Harriman & Co. lifted its stake in Cable One by 13.3% during the second quarter.
Brown Brothers Harriman & Co. now owns 850 shares of the company’s stock worth $301,000 after purchasing an additional 100 shares during the last quarter. Envestnet Asset Management Inc.
increased its holdings in shares of Cable One by 2.2% in the second quarter. Envestnet Asset Management Inc.
now owns 22,450 shares of the company’s stock worth $7,947,000 after buying an additional 476 shares during the period. Headlands Technologies LLC increased its holdings in shares of Cable One by 19,050.0% in the second quarter.
Headlands Technologies LLC now owns 383 shares of the company’s stock worth $136,000 after buying an additional 381 shares during the period. Finally, Private Management Group Inc. increased its holdings in Cable One by 70.
7% during the 2nd quarter. Private Management Group Inc. now owns 113,641 shares of the company’s stock valued at $40,229,000 after purchasing an additional 47,082 shares during the period.
Institutional investors own 89.92% of the company’s stock. Cable One Price Performance Shares of CABO opened at $353.
56 on Monday. The firm has a market cap of $1.99 billion, a PE ratio of 8.
10 and a beta of 0.84. The company has a current ratio of 1.
81, a quick ratio of 1.81 and a debt-to-equity ratio of 1.79.
The firm has a fifty day simple moving average of $361.11 and a two-hundred day simple moving average of $375.15.
Cable One, Inc. has a 1-year low of $313.15 and a 1-year high of $671.
62. Cable One Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Tuesday, August 27th were paid a $2.
95 dividend. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $11.
80 annualized dividend and a dividend yield of 3.34%. Cable One’s dividend payout ratio (DPR) is 27.
02%. Analysts Set New Price Targets Separately, JPMorgan Chase & Co. lifted their price objective on Cable One from $470.
00 to $480.00 and gave the company a “neutral” rating in a research report on Tuesday, August 6th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company.
According to data from MarketBeat.com, Cable One presently has a consensus rating of “Hold” and a consensus price target of $533.33.
View Our Latest Stock Analysis on Cable One Cable One Company Profile ( Free Report ) 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.
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