Quantinno Capital Management LP Grows Position in Cable One, Inc. (NYSE:CABO)

Quantinno Capital Management LP raised its position in shares of Cable One, Inc. (NYSE:CABO - Free Report) by 51.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,610 shares of the company's stock after purchasing an additional 2,918 shares during the quarter. Quantinno Capital Management LP owned 0.15% of Cable One worth $3,118,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. AlphaQuest LLC bought a new position in Cable One during the fourth quarter valued at $49,000. Sound Income Strategies LLC acquired a new position in Cable One in the 4th quarter worth approximately $50,000. Federated Hermes Inc. increased its holdings in Cable One by 201.8% in the 4th quarter. Federated Hermes Inc. now owns 166 shares of the company's stock worth $60,000 after buying an additional 111 shares during the period. KBC Group NV grew its stake in shares of Cable One by 45.0% during the 4th quarter. KBC Group NV now owns 232 shares of the company's stock worth $84,000 after purchasing an additional 72 shares during the period. Finally, Nisa Investment Advisors LLC lifted its position 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 buying an additional 220 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company's stock.

Insider Buying and Selling at Cable One

In other news, Director Wallace R. Weitz purchased 1,000 shares of the firm's stock in a transaction on Tuesday, March 4th. The stock was bought at an average cost of $244.02 per share, for a total transaction of $244,020.00. Following the completion of the acquisition, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.90% of the company's stock.

Cable One Stock Up 3.1%

NYSE CABO traded up $4.53 during mid-day trading on Friday, reaching $152.30. 251,972 shares of the company's stock traded hands, compared to its average volume of 126,287. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.84. The company has a fifty day simple moving average of $229.67 and a 200-day simple moving average of $300.32. Cable One, Inc. has a 1-year low of $140.69 and a 1-year high of $437.00. The company has a market cap of $857.16 million, a price-to-earnings ratio of 3.52 and a beta of 1.00.

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, topping analysts' consensus estimates of $12.21 by $0.11. The company had revenue of $380.60 million for 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%. As a group, equities research analysts expect that Cable One, Inc. will post 32.08 EPS for the current year.

Analyst Upgrades and Downgrades

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

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.