37,218 Shares in Cable One, Inc. $CABO Bought by Pacer Advisors Inc.

Pacer Advisors Inc. purchased a new stake in Cable One, Inc. (NYSE:CABO) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 37,218 shares of the company’s stock, valued at approximately $3,395,000. Pacer Advisors Inc. owned 0.66% of Cable One at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in CABO. AQR Capital Management LLC increased its stake in Cable One by 172.6% in the first quarter. AQR Capital Management LLC now owns 16,947 shares of the company’s stock valued at $4,482,000 after acquiring an additional 10,731 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Cable One by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,361 shares of the company’s stock valued at $893,000 after purchasing an additional 151 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Cable One by 16.7% in 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 worth $4,589,000 after buying an additional 2,467 shares in the last quarter. Creative Planning raised its holdings in shares of Cable One by 59.7% in the 2nd quarter. Creative Planning now owns 3,238 shares of the company’s stock worth $440,000 after buying an additional 1,210 shares in the last quarter. Finally, Federated Hermes Inc. lifted its position in shares of Cable One by 16,600.0% during the 2nd quarter. Federated Hermes Inc. now owns 1,002 shares of the company’s stock worth $136,000 after buying an additional 996 shares during the period. Institutional investors and hedge funds own 89.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Wells Fargo & Company dropped their price objective on Cable One from $90.00 to $70.00 and set an “underweight” rating for the company in a research note on Friday, May 1st. TD Cowen reduced their target price on shares of Cable One from $142.00 to $111.00 and set a “hold” rating on the stock in a research note on Friday, May 1st. Zacks Research raised shares of Cable One from a “strong sell” rating to a “hold” rating in a report on Friday, July 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of Cable One in a research report on Friday, July 17th. Finally, BNP Paribas Exane raised shares of Cable One from an “underperform” rating to a “neutral” rating and decreased their price objective for the stock from $60.00 to $40.00 in a research note on Tuesday, July 14th. Four investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $91.50.

Cable One Price Performance

Cable One stock opened at $44.56 on Friday. The company has a debt-to-equity ratio of 2.09, a quick ratio of 1.75 and a current ratio of 1.75. The firm has a market cap of $252.64 million, a P/E ratio of -0.76 and a beta of 0.54. The business’s fifty day moving average is $43.78 and its two-hundred day moving average is $73.51. Cable One, Inc. has a 52 week low of $33.38 and a 52 week high of $180.74.

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.