Cable One (NYSE:CABO) Given New $470.00 Price Target at JPMorgan Chase & Co.

Cable One (NYSE:CABO) had its price target cut by JPMorgan Chase & Co. from $480.00 to $470.00 in a report issued on Tuesday,Benzinga reports. They currently have a neutral rating on the stock.

Cable One Trading Down 2.6 %

Shares of NYSE:CABO opened at $397.04 on Tuesday. Cable One has a twelve month low of $311.28 and a twelve month high of $574.76. The company has a current ratio of 0.93, a quick ratio of 1.81 and a debt-to-equity ratio of 1.84. The firm has a market cap of $2.23 billion, a P/E ratio of 9.18 and a beta of 0.84. The company has a 50 day moving average of $352.88 and a 200-day moving average of $362.93.

Hedge Funds Weigh In On Cable One

A number of institutional investors have recently bought and sold shares of the stock. Versant Capital Management Inc boosted its position in shares of Cable One by 452.4% in the second quarter. Versant Capital Management Inc now owns 116 shares of the company’s stock worth $41,000 after buying an additional 95 shares during the period. Abich Financial Wealth Management LLC purchased a new position in Cable One during the 2nd quarter valued at about $45,000. GAMMA Investing LLC increased its holdings in shares of 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 purchasing an additional 135 shares during the period. KBC Group NV lifted its position in shares of Cable One by 45.5% in the third quarter. KBC Group NV now owns 160 shares of the company’s stock worth $56,000 after purchasing an additional 50 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its holdings in shares of Cable One by 20.4% during the third quarter. Public Employees Retirement System of Ohio now owns 171 shares of the company’s stock worth $60,000 after purchasing an additional 29 shares during the period. Hedge funds and other institutional investors own 89.92% of the company’s stock.

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.