Clarkston Capital Partners LLC Has $96.15 Million Holdings in Cable One, Inc. (NYSE:CABO)

Clarkston Capital Partners LLC trimmed its stake in Cable One, Inc. (NYSE:CABO) by 0.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 274,887 shares of the company’s stock after selling 68 shares during the period. Cable One comprises about 1.8% of Clarkston Capital Partners LLC’s investment portfolio, making the stock its 19th largest position. Clarkston Capital Partners LLC’s holdings in Cable One were worth $96,153,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Versant Capital Management Inc grew its holdings in Cable One by 452.4% during the 2nd quarter. Versant Capital Management Inc now owns 116 shares of the company’s stock worth $41,000 after acquiring an additional 95 shares during the last quarter. Abich Financial Wealth Management LLC bought a new position in Cable One in the 2nd quarter valued at $45,000. GAMMA Investing LLC boosted its position in Cable One by 964.3% in the 2nd quarter. GAMMA Investing LLC now owns 149 shares of the company’s stock valued at $53,000 after buying an additional 135 shares during the last quarter. KBC Group NV increased its stake in shares of Cable One by 45.5% in the 3rd quarter. KBC Group NV now owns 160 shares of the company’s stock valued at $56,000 after buying an additional 50 shares during the period. Finally, Innealta Capital LLC bought a new stake in shares of Cable One during the second quarter worth $65,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Cable One Stock Performance

CABO stock opened at $397.64 on Monday. Cable One, Inc. has a twelve month low of $311.28 and a twelve month high of $574.76. The company has a quick ratio of 1.81, a current ratio of 0.93 and a debt-to-equity ratio of 1.84. The company has a market cap of $2.23 billion, a P/E ratio of 9.20 and a beta of 0.84. The business’s fifty day moving average is $352.88 and its 200-day moving average is $362.48.

Wall Street Analyst Weigh In

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

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.