Aquatic Capital Management LLC Has $869,000 Holdings in Cable One, Inc. (NYSE:CABO)

Aquatic Capital Management LLC lessened its position in Cable One, Inc. (NYSE:CABO - Free Report) by 77.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,400 shares of the company's stock after selling 8,080 shares during the quarter. Aquatic Capital Management LLC's holdings in Cable One were worth $869,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in CABO. AlphaQuest LLC purchased a new stake in shares of Cable One during the fourth quarter worth $49,000. Sound Income Strategies LLC acquired a new stake in shares of Cable One in the 4th quarter valued at $50,000. Federated Hermes Inc. increased its position in Cable One by 201.8% during the fourth quarter. Federated Hermes Inc. now owns 166 shares of the company's stock worth $60,000 after buying an additional 111 shares during the last quarter. KBC Group NV lifted its position in shares of Cable One by 45.0% in the fourth quarter. KBC Group NV now owns 232 shares of the company's stock worth $84,000 after buying an additional 72 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Cable One by 523.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 262 shares of the company's stock worth $95,000 after acquiring an additional 220 shares in the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Cable One Stock Performance

Shares of NYSE:CABO traded up $5.34 on Tuesday, hitting $180.57. 115,964 shares of the company were exchanged, compared to its average volume of 119,087. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.93 and a current ratio of 0.93. The company's 50 day moving average price is $256.32 and its two-hundred day moving average price is $319.22. Cable One, Inc. has a one year low of $150.00 and a one year high of $437.00. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 4.17 and a beta of 1.00.

Cable One (NYSE:CABO - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $12.32 EPS for the quarter, topping analysts' consensus estimates of $12.21 by $0.11. The company had revenue of $380.60 million during the quarter, compared to the consensus estimate of $386.61 million. Cable One had a return on equity of 10.98% and a net margin of 15.86%. Research analysts expect that Cable One, Inc. will post 32.08 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on CABO shares. Raymond James lowered Cable One from an "outperform" rating to a "market perform" rating in a report on Friday. JPMorgan Chase & Co. lowered their target price on shares of Cable One from $325.00 to $222.00 and set a "neutral" rating on the stock in a research note on Tuesday. KeyCorp restated a "sector weight" rating on shares of Cable One in a report on Friday. Finally, Wells Fargo & Company cut their price objective on Cable One from $340.00 to $240.00 and set an "underweight" rating for the company in a research report on Friday, February 28th.

Insiders Place Their Bets

In other Cable One news, Director Wallace R. Weitz purchased 1,000 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average price of $244.02 per share, with a total value of $244,020.00. Following the completion of the transaction, the director now directly owns 5,584 shares of the company's stock, valued at approximately $1,362,607.68. This trade represents a 21.82 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.90% of the company's stock.

Cable One Company 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.