WideOpenWest, Inc. (NYSE:WOW) Stock Holdings Lifted by SG Americas Securities LLC

SG Americas Securities LLC lifted its holdings in WideOpenWest, Inc. (NYSE:WOW) by 42.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 33,839 shares of the company’s stock after buying an additional 10,014 shares during the quarter. SG Americas Securities LLC’s holdings in WideOpenWest were worth $137,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of WideOpenWest by 2.5% in the 3rd quarter. Vanguard Group Inc. now owns 5,292,924 shares of the company’s stock worth $64,945,000 after buying an additional 130,883 shares during the last quarter. BlackRock Inc. lifted its position in WideOpenWest by 7.1% in the 2nd quarter. BlackRock Inc. now owns 3,999,713 shares of the company’s stock valued at $33,758,000 after purchasing an additional 266,005 shares during the last quarter. Wellington Management Group LLP lifted its position in WideOpenWest by 13.1% in the 1st quarter. Wellington Management Group LLP now owns 3,856,319 shares of the company’s stock valued at $67,255,000 after purchasing an additional 445,917 shares during the last quarter. Alberta Investment Management Corp lifted its position in WideOpenWest by 26.9% in the 3rd quarter. Alberta Investment Management Corp now owns 3,228,860 shares of the company’s stock valued at $24,701,000 after purchasing an additional 684,699 shares during the last quarter. Finally, Brown Advisory Inc. lifted its position in WideOpenWest by 3.5% in the 3rd quarter. Brown Advisory Inc. now owns 2,364,385 shares of the company’s stock valued at $18,088,000 after purchasing an additional 80,200 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Benchmark reiterated a “buy” rating and issued a $8.00 price objective on shares of WideOpenWest in a research report on Thursday, March 14th.

WideOpenWest Trading Down 3.5 %

Shares of NYSE:WOW opened at $3.46 on Wednesday. The company has a market cap of $287.84 million, a PE ratio of -0.98 and a beta of 1.38. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 3.55. The company’s 50-day moving average price is $3.57 and its 200 day moving average price is $4.39. WideOpenWest, Inc. has a fifty-two week low of $2.31 and a fifty-two week high of $11.75.

WideOpenWest (NYSE:WOW) last released its earnings results on Wednesday, March 13th. The company reported ($0.08) EPS for the quarter. The company had revenue of $168.80 million for the quarter, compared to analyst estimates of $171.13 million. WideOpenWest had a negative net margin of 41.90% and a negative return on equity of 12.32%. Sell-side analysts anticipate that WideOpenWest, Inc. will post -0.6 earnings per share for the current year.

WideOpenWest Profile

WideOpenWest, Inc provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States. The company's video services include basic cable services that comprise local broadcast television and local community programming; digital cable services; WOW tv+ that offers traditional cable video and cloud DVR functionality, voice remote with Google Assistant, and Netflix integration along with access to various streaming services and apps through the Google Play Store; and commercial-free movies, TV shows, sports, and other special event entertainment programs.