Caprock Group LLC Sells 37 Shares of Cable One, Inc. (NYSE:CABO)

Caprock Group LLC decreased its stake in shares of Cable One, Inc. (NYSE:CABO) by 0.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,200 shares of the company’s stock after selling 37 shares during the quarter. Caprock Group LLC owned about 0.18% of Cable One worth $3,568,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of CABO. Canada Pension Plan Investment Board raised its holdings in shares of Cable One by 1,906.2% during the 1st quarter. Canada Pension Plan Investment Board now owns 160,496 shares of the company’s stock worth $67,911,000 after acquiring an additional 152,496 shares in the last quarter. Burgundy Asset Management Ltd. increased its position in Cable One by 42.4% in the second quarter. Burgundy Asset Management Ltd. now owns 290,662 shares of the company’s stock worth $102,894,000 after purchasing an additional 86,581 shares during the last quarter. AQR Capital Management LLC raised its stake in Cable One by 4,228.5% during the second quarter. AQR Capital Management LLC now owns 61,465 shares of the company’s stock valued at $21,436,000 after purchasing an additional 60,045 shares in the last quarter. Vanguard Group Inc. lifted its position in Cable One by 11.0% during the first quarter. Vanguard Group Inc. now owns 490,178 shares of the company’s stock valued at $207,409,000 after purchasing an additional 48,513 shares during the last quarter. Finally, Private Management Group Inc. lifted its position in Cable One by 70.7% during the second quarter. Private Management Group Inc. now owns 113,641 shares of the company’s stock valued at $40,229,000 after purchasing an additional 47,082 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. decreased their target price on shares of Cable One from $480.00 to $470.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 12th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $531.67.

Cable One Stock Up 0.4 %

NYSE CABO opened at $398.27 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.84. Cable One, Inc. has a 52 week low of $311.28 and a 52 week high of $574.76. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of 9.21 and a beta of 0.84. The company has a fifty day moving average of $355.43 and a two-hundred day moving average of $362.63.

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.