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Windstream Holdings (NASDAQ:WIN) was downgraded by equities research analysts at DA Davidson from a “buy” rating to a “neutral” rating in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports. They currently have a $11.75 price objective on the stock, down from their previous price objective of $14.50. DA Davidson’s target price points to a potential upside of 4.54% from the stock’s previous close. The analysts noted that the move was a valuation call.

In other Windstream Holdings news, Director Dennis Foster sold 47,632 shares of Windstream Holdings stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $11.17, for a total value of $532,049.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of other analysts have also recently weighed in on WIN. Analysts at Davidson raised their price target on shares of Windstream Holdings from $9.00 to $14.50 in a research note on Thursday, July 31st. They now have a “buy” rating on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Windstream Holdings in a research note on Wednesday, July 30th. They now have a $12.00 price target on the stock, up previously from $9.50. Finally, analysts at Raymond James downgraded shares of Windstream Holdings from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 30th. They now have a $10.00 price target on the stock. Two analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company’s stock. Windstream Holdings presently has a consensus rating of “Hold” and a consensus price target of $11.18.

Windstream Holdings (NASDAQ:WIN) opened at 11.25 on Wednesday. Windstream Holdings has a 1-year low of $7.18 and a 1-year high of $13.30. The stock has a 50-day moving average of $10.76 and a 200-day moving average of $9.29. The company has a market cap of $6.780 billion and a P/E ratio of 38.27.

Windstream Holdings (NASDAQ:WIN) last announced its earnings results on Thursday, August 7th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $0.05. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the previous year, the company posted $0.07 earnings per share. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. Analysts expect that Windstream Holdings will post $0.19 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 8.90%. The ex-dividend date is Friday, September 26th.

Windstream Corporation (NASDAQ:WIN) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide.

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