Janus Henderson Group PLC Buys 2,633 Shares of Cable One, Inc. (NYSE:CABO)

Janus Henderson Group PLC boosted its stake in shares of Cable One, Inc. (NYSE:CABO - Free Report) by 23.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,090 shares of the company's stock after acquiring an additional 2,633 shares during the quarter. Janus Henderson Group PLC owned 0.25% of Cable One worth $5,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of CABO. Nisa Investment Advisors LLC lifted its position in Cable One by 523.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 262 shares of the company's stock valued at $95,000 after purchasing an additional 220 shares during the last quarter. Rothschild & Co Wealth Management UK Ltd raised its holdings in Cable One by 1.5% during 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 buying an additional 4,352 shares during the last quarter. Sound Income Strategies LLC purchased a new stake in Cable One during the 4th quarter valued at $50,000. KBC Group NV grew its holdings in Cable One by 45.0% in the 4th quarter. KBC Group NV now owns 232 shares of the company's stock worth $84,000 after acquiring an additional 72 shares during the last quarter. Finally, Pacer Advisors Inc. grew its holdings in Cable One by 102.0% in the 4th quarter. Pacer Advisors Inc. now owns 414 shares of the company's stock worth $150,000 after acquiring an additional 209 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Cable One news, Director Wallace R. Weitz acquired 1,000 shares of the company'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 completion of the purchase, the director now directly 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 purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on CABO shares. Wells Fargo & Company dropped their target price on shares of Cable One from $340.00 to $240.00 and set an "underweight" rating for the company in a report on Friday, February 28th. JPMorgan Chase & Co. dropped their price objective on Cable One from $325.00 to $222.00 and set a "neutral" rating for the company in a report on Tuesday, May 6th. Raymond James cut Cable One from an "outperform" rating to a "market perform" rating in a research note on Friday, May 2nd. Finally, KeyCorp reaffirmed a "sector weight" rating on shares of Cable One in a research note on Friday, May 2nd.

Cable One Price Performance

CABO stock opened at $158.38 on Monday. 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 1 year low of $150.00 and a 1 year high of $437.00. The firm has a 50-day moving average of $238.83 and a 200 day moving average of $308.28. The company has a market cap of $891.38 million, a P/E ratio of 3.66 and a beta of 1.00.

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

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