Cable One, Inc. (NYSE:CABO) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its stake in shares of Cable One, Inc. (NYSE:CABO - Free Report) by 6.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 166,756 shares of the company's stock after buying an additional 10,211 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.97% of Cable One worth $60,386,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Virtu Financial LLC purchased a new position in Cable One during the 3rd quarter valued at about $240,000. Oddo BHF Asset Management Sas acquired a new stake in shares of Cable One during the third quarter worth about $717,000. Nordea Investment Management AB boosted its holdings in Cable One by 5.6% in the fourth quarter. Nordea Investment Management AB now owns 22,056 shares of the company's stock valued at $7,984,000 after purchasing an additional 1,179 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings 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 valued at $95,000 after purchasing an additional 220 shares in the last quarter. Finally, Rothschild & Co Wealth Management UK Ltd increased its stake in shares of Cable One by 1.5% in the 4th quarter. Rothschild & Co Wealth Management UK Ltd now owns 294,400 shares of the company's stock valued at $106,608,000 after purchasing an additional 4,352 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company's stock.

Cable One Trading Down 2.6 %

CABO traded down $4.76 during mid-day trading on Wednesday, hitting $178.23. 22,436 shares of the stock were exchanged, compared to its average volume of 119,361. The firm's fifty day moving average is $254.64 and its two-hundred day moving average is $318.27. Cable One, Inc. has a 1-year low of $150.00 and a 1-year high of $437.00. The company has a market cap of $1.00 billion, a PE ratio of 4.12 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 quarterly earnings data on Thursday, May 1st. The company reported $12.32 EPS for the quarter, beating 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 business had revenue of $380.60 million during the quarter, compared to analyst estimates of $386.61 million. Equities analysts forecast that Cable One, Inc. will post 32.08 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on CABO shares. KeyCorp reaffirmed a "sector weight" rating on shares of Cable One in a report on Friday, May 2nd. JPMorgan Chase & Co. reduced 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. 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. Finally, Raymond James downgraded shares of Cable One from an "outperform" rating to a "market perform" rating in a research note on Friday, May 2nd.

Insiders Place Their Bets

In related news, Director Wallace R. Weitz bought 1,000 shares of the stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average cost of $244.02 per share, with a total value of $244,020.00. Following the purchase, the director now directly owns 5,584 shares of the company's stock, valued at $1,362,607.68. This trade represents a 21.82 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 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.