Isthmus Partners LLC bought a new position in shares of Windstream Holdings Inc (NASDAQ:WIN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 19,180 shares of the technology company’s stock, valued at approximately $40,000.
Several other large investors have also added to or reduced their stakes in the stock. Rhumbline Advisers grew its position in shares of Windstream by 39.8% during the fourth quarter. Rhumbline Advisers now owns 66,174 shares of the technology company’s stock worth $138,000 after purchasing an additional 18,831 shares in the last quarter. Bank of Montreal Can grew its position in shares of Windstream by 19,742.8% during the fourth quarter. Bank of Montreal Can now owns 151,202 shares of the technology company’s stock worth $315,000 after purchasing an additional 150,440 shares in the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp grew its position in shares of Windstream by 205.8% during the third quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 100,900 shares of the technology company’s stock worth $494,000 after purchasing an additional 67,900 shares in the last quarter. Sound Point Capital Management LP purchased a new stake in shares of Windstream during the third quarter worth about $221,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Windstream during the third quarter worth about $343,000. Hedge funds and other institutional investors own 59.60% of the company’s stock.
Several analysts recently issued reports on the company. Zacks Investment Research upgraded Windstream from a “sell” rating to a “hold” rating in a research report on Saturday, February 2nd. Morgan Stanley cut their price target on Windstream from $10.00 to $5.00 and set an “equal weight” rating for the company in a report on Monday, November 19th. Finally, ValuEngine cut Windstream from a “hold” rating to a “sell” rating in a report on Thursday, November 8th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $5.05.
NASDAQ WIN opened at $3.10 on Friday. The company has a market cap of $133.11 million, a price-to-earnings ratio of -0.38 and a beta of 0.99. Windstream Holdings Inc has a 1-year low of $1.77 and a 1-year high of $9.18.
Windstream (NASDAQ:WIN) last released its quarterly earnings results on Thursday, November 8th. The technology company reported ($2.57) earnings per share for the quarter, beating the consensus estimate of ($2.58) by $0.01. The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.43 billion. The business’s quarterly revenue was down 5.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($2.75) EPS. As a group, equities research analysts expect that Windstream Holdings Inc will post -7.08 earnings per share for the current fiscal year.
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Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its Consumer & Small Business segment offers services, including traditional local and long-distance voice services, and high-speed Internet services; and value-added services, such as security and online back-up.
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