Axa S.A. Purchases Shares of 8,715 Cable One, Inc. (NYSE:CABO)

AXA S.A. bought a new position in shares of Cable One, Inc. (NYSE:CABO - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 8,715 shares of the company's stock, valued at approximately $3,156,000. AXA S.A. owned 0.16% of Cable One at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Rothschild & Co Wealth Management UK Ltd lifted its stake in shares of Cable One by 1.5% in the fourth quarter. Rothschild & Co Wealth Management UK Ltd now owns 294,400 shares of the company's stock worth $106,608,000 after acquiring an additional 4,352 shares during the period. Dimensional Fund Advisors LP raised its holdings in Cable One by 6.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 166,756 shares of the company's stock worth $60,386,000 after purchasing an additional 10,211 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Cable One by 8.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 86,776 shares of the company's stock worth $31,423,000 after purchasing an additional 7,055 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Cable One in the 4th quarter valued at $28,129,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of Cable One by 3.7% in the 4th quarter. Bank of New York Mellon Corp now owns 73,013 shares of the company's stock valued at $26,439,000 after purchasing an additional 2,627 shares during the last quarter. Institutional investors own 89.92% of the company's stock.

Analyst Upgrades and Downgrades

CABO has been the subject of a number of analyst reports. Wells Fargo & Company lowered their target price on shares of Cable One from $340.00 to $240.00 and set an "underweight" rating for the company in a research note on Friday, February 28th. KeyCorp reissued a "sector weight" rating on shares of Cable One in a research report on Friday, May 2nd. JPMorgan Chase & Co. cut their target price on Cable One from $325.00 to $222.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 6th. Finally, Raymond James lowered Cable One from an "outperform" rating to a "market perform" rating in a research report on Friday, May 2nd.

Insider Buying and Selling

In other news, Director Wallace R. Weitz bought 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The shares were acquired 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 of the company's stock, 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 link. 0.90% of the stock is currently owned by insiders.

Cable One Stock Performance

Shares of CABO stock traded down $3.19 during trading hours on Tuesday, hitting $168.47. 48,725 shares of the company were exchanged, compared to its average volume of 120,956. The firm has a fifty day simple moving average of $248.18 and a 200 day simple moving average of $313.26. Cable One, Inc. has a 52-week low of $150.00 and a 52-week high of $437.00. The stock has a market capitalization of $948.15 million, a price-to-earnings ratio of 3.90 and a beta of 1.00. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.84.

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

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.