Rex Capital Advisors adds Cable One Inc (CABO) to its portfolio

Cable One Inc (CABO) : Rex Capital Advisors added new position in Cable One Inc during the most recent quarter end. The investment management firm now holds 371 shares of Cable One Inc which is valued at $213,325 , the company said in a statement filed on Nov 14, 2016 with the SEC.Cable One Inc makes up approximately 0.23% of Rex Capital Advisors’s portfolio.

Other Hedge Funds, Including , Paloma Partners Management Co reduced its stake in CABO by selling 1,657 shares or 58.37% in the most recent quarter. The Hedge Fund company now holds 1,182 shares of CABO which is valued at $679,650. Cable One Inc makes up approx 0.03% of Paloma Partners Management Co’s portfolio.Riverhead Capital Management boosted its stake in CABO in the latest quarter, The investment management firm added 107 additional shares and now holds a total of 470 shares of Cable One Inc which is valued at $271,355. Cable One Inc makes up approx 0.02% of Riverhead Capital Management’s portfolio. Dekabank Deutsche Girozentrale sold out all of its stake in CABO during the most recent quarter. The investment firm sold 8,300 shares of CABO which is valued $4,808,273.

Cable One Inc closed down -5.55 points or -0.94% at $584.74 with 32,395 shares getting traded on Monday. Post opening the session at $588.16, the shares hit an intraday low of $581.345 and an intraday high of $592.02 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Cable One Inc reported $3.63 EPS for the quarter, missing the analyst consensus estimate by $ -1.31 based on the information available during the earnings call on Nov 2, 2016. Analyst had a consensus of $4.94. The company had revenue of $205.50 million for the quarter, compared to analysts expectations of $204.47 million. The company’s revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.30 EPS.

Cable One Inc. is a provider of high-speed Internet (data or Internet) cable television (video) and telephony (phone or voice) services in approximately 19 Midwestern Western and Southern states. The Company provides these broadband services to residential and business customers in 38 cable systems covering over 400 cities and towns. The Company offers a solution of data video and voice services in all of its markets. Its technically advanced infrastructure provides for delivery of a suite of data video and voice products. Its broadband plant offers fiber-to-the-node with download speeds of 50 megabits per second (Mbps). It offers a range of residential video services ranging from a basic video service to a digital service with access to hundreds of channels. Its basic video service generally consists of local networks and local community programming such as governmental and public access and certain other channels such as weather shopping and religious channels.

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