SG Americas Securities LLC Has $1.14 Million Position in Cable One, Inc. $CABO

SG Americas Securities LLC raised its stake in shares of Cable One, Inc. (NYSE:CABO) by 129.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,123 shares of the company’s stock after buying an additional 5,716 shares during the period. SG Americas Securities LLC’s holdings in Cable One were worth $1,142,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CABO. AQR Capital Management LLC boosted its stake in shares of Cable One by 172.6% during the 1st quarter. AQR Capital Management LLC now owns 16,947 shares of the company’s stock valued at $4,482,000 after buying an additional 10,731 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Cable One by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,361 shares of the company’s stock valued at $893,000 after buying an additional 151 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Cable One by 16.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,268 shares of the company’s stock valued at $4,589,000 after buying an additional 2,467 shares during the period. Creative Planning raised its holdings in shares of Cable One by 59.7% during the 2nd quarter. Creative Planning now owns 3,238 shares of the company’s stock valued at $440,000 after purchasing an additional 1,210 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Cable One during the 2nd quarter valued at $8,336,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Analysts Set New Price Targets

CABO has been the topic of a number of recent research reports. TD Cowen cut their price target on shares of Cable One from $260.00 to $142.00 and set a “hold” rating on the stock in a report on Friday, February 27th. Zacks Research upgraded shares of Cable One from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 12th. Wells Fargo & Company cut their price target on shares of Cable One from $107.00 to $90.00 and set an “underweight” rating on the stock in a report on Friday, February 27th. BNP Paribas Exane downgraded shares of Cable One from a “neutral” rating to an “underperform” rating and set a $80.00 price target on the stock. in a report on Tuesday, February 24th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Cable One in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $114.25.

Cable One Stock Performance

Shares of CABO opened at $90.99 on Thursday. The company has a market capitalization of $515.92 million, a PE ratio of -1.42 and a beta of 0.69. Cable One, Inc. has a one year low of $70.37 and a one year high of $277.55. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.40 and a quick ratio of 0.40. The company’s fifty day moving average price is $100.29 and its 200 day moving average price is $118.73.

Cable One (NYSE:CABO) last announced its earnings results on Thursday, February 26th. The company reported ($1.35) EPS for the quarter, missing the consensus estimate of $7.60 by ($8.95). The firm had revenue of $363.74 million during the quarter, compared to the consensus estimate of $368.59 million. Cable One had a positive return on equity of 7.36% and a negative net margin of 23.74%. As a group, analysts expect that Cable One, Inc. will post 32.08 earnings per share for the current year.

About Cable One

Cable One, Inc (NYSE:CABO) is an American provider of broadband communications services, offering a suite of residential and business solutions over a hybrid fiber-coaxial network. The company delivers high-speed internet access, digital video, voice communications and mobile services, alongside advanced managed Wi-Fi and cybersecurity tools. Cable One’s infrastructure supports both traditional cable offerings and converged IP-based platforms designed to meet evolving customer needs.

In addition to consumer-focused services, Cable One caters to small and medium-sized enterprises with dedicated business-class connectivity, Ethernet solutions and cloud-based voice applications.