Yg Partners buys $10,062,050 stake in Cable One Inc (CABO)

Cable One Inc (CABO) : Yg Partners scooped up 3,170 additional shares in Cable One Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 18,870 shares of Cable One Inc which is valued at $10,062,050.Cable One Inc makes up approximately 5.04% of Yg Partners’s portfolio.

Other Hedge Funds, Including , D. E. Shaw reduced its stake in CABO by selling 19,439 shares or 68.72% in the most recent quarter. The Hedge Fund company now holds 8,850 shares of CABO which is valued at $4,719,086. Cable One Inc makes up approx 0.01% of D. E. Shaw’s portfolio.Aperio Group reduced its stake in CABO by selling 412 shares or 6.37% in the most recent quarter. The Hedge Fund company now holds 6,052 shares of CABO which is valued at $3,227,108. Cable One Inc makes up approx 0.02% of Aperio Group’s portfolio.Fiduciary Management Inc Wi reduced its stake in CABO by selling 7,866 shares or 6.36% in the most recent quarter. The Hedge Fund company now holds 115,895 shares of CABO which is valued at $61,798,691. Cable One Inc makes up approx 0.36% of Fiduciary Management Inc Wi’s portfolio.Comerica Bank boosted its stake in CABO in the latest quarter, The investment management firm added 48 additional shares and now holds a total of 3,050 shares of Cable One Inc which is valued at $1,626,352. Cable One Inc makes up approx 0.01% of Comerica Bank’s portfolio. Hudson Bay Capital Management Lp added CABO to its portfolio by purchasing 4,500 company shares during the most recent quarter which is valued at $2,399,535. Cable One Inc makes up approx 0.23% of Hudson Bay Capital Management Lp’s portfolio.

Cable One Inc opened for trading at $542.95 and hit $549.03 on the upside on Thursday, eventually ending the session at $547.84, with a gain of 1.24% or 6.72 points. The heightened volatility saw the trading volume jump to 29,832 shares. Company has a market cap of $3,134 M.

On the company’s financial health, Cable One Inc reported $4.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.19 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $4.43. The company had revenue of $204.60 million for the quarter, compared to analysts expectations of $201.50 million. The company’s revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.67 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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