WideOpenWest, Inc. (NYSE:WOW) Shares Bought by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC raised its position in WideOpenWest, Inc. (NYSE:WOW) by 655.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 12,669 shares of the company’s stock after acquiring an additional 10,991 shares during the quarter. Tower Research Capital LLC TRC’s holdings in WideOpenWest were worth $51,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of WOW. LB Partners LLC acquired a new position in shares of WideOpenWest in the fourth quarter valued at approximately $12,053,000. Alberta Investment Management Corp increased its stake in WideOpenWest by 26.9% during the 3rd quarter. Alberta Investment Management Corp now owns 3,228,860 shares of the company’s stock worth $24,701,000 after buying an additional 684,699 shares during the period. Private Management Group Inc. increased its stake in WideOpenWest by 126.9% during the 4th quarter. Private Management Group Inc. now owns 997,008 shares of the company’s stock worth $4,038,000 after buying an additional 557,653 shares during the period. Heartland Advisors Inc. increased its stake in WideOpenWest by 97.0% during the 3rd quarter. Heartland Advisors Inc. now owns 1,004,150 shares of the company’s stock worth $7,682,000 after buying an additional 494,300 shares during the period. Finally, LGT Capital Partners LTD. increased its stake in WideOpenWest by 70.1% during the 4th quarter. LGT Capital Partners LTD. now owns 910,000 shares of the company’s stock worth $3,686,000 after buying an additional 375,000 shares during the period. 87.77% of the stock is owned by institutional investors and hedge funds.

WideOpenWest Stock Down 0.7 %

WOW traded down $0.02 during trading hours on Tuesday, hitting $3.57. 170,391 shares of the company’s stock were exchanged, compared to its average volume of 585,514. WideOpenWest, Inc. has a 12-month low of $2.31 and a 12-month high of $11.75. The firm has a 50 day moving average of $3.57 and a 200 day moving average of $4.14. The firm has a market cap of $297.00 million, a P/E ratio of -1.02 and a beta of 1.38. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 3.55.

WideOpenWest (NYSE:WOW) last announced its quarterly earnings data on Wednesday, March 13th. The company reported ($0.08) EPS for the quarter. WideOpenWest had a negative net margin of 41.90% and a negative return on equity of 12.32%. The firm had revenue of $168.80 million during the quarter, compared to analysts’ expectations of $171.13 million. Analysts predict that WideOpenWest, Inc. will post -0.6 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Benchmark reaffirmed a “buy” rating and set a $8.00 target price on shares of WideOpenWest in a research note on Thursday, March 14th.

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.