Hsbc Holdings PLC purchased a new position in shares of Cable One, Inc. (NYSE:CABO – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,215 shares of the company’s stock, valued at approximately $1,072,000.
A number of other large investors also recently added to or reduced their stakes in CABO. AQR Capital Management LLC grew its stake in shares of 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 buying an additional 10,731 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in 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 worth $893,000 after acquiring an additional 151 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in 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 worth $4,589,000 after acquiring an additional 2,467 shares in the last quarter. Creative Planning lifted its stake in Cable One by 59.7% during the 2nd quarter. Creative Planning now owns 3,238 shares of the company’s stock worth $440,000 after acquiring an additional 1,210 shares in the last quarter. Finally, Federated Hermes Inc. boosted its holdings in Cable One by 16,600.0% during the 2nd quarter. Federated Hermes Inc. now owns 1,002 shares of the company’s stock valued at $136,000 after acquiring an additional 996 shares during the period. 89.92% of the stock is currently owned by institutional investors and hedge funds.
Cable One Stock Up 6.5%
Cable One stock opened at $27.16 on Tuesday. The firm has a market capitalization of $154.00 million, a P/E ratio of -0.15 and a beta of 0.54. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 9.27. Cable One, Inc. has a twelve month low of $21.98 and a twelve month high of $180.74. The stock’s fifty day simple moving average is $38.27 and its 200-day simple moving average is $66.50.
Analyst Ratings Changes
Read Our Latest Analysis on CABO
Cable One Profile
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.
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