Squarepoint Ops LLC bought a new stake in WideOpenWest Inc (NYSE:WOW) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 20,914 shares of the company’s stock, valued at approximately $149,000.

Several other hedge funds also recently bought and sold shares of the company. Ingalls & Snyder LLC grew its stake in shares of WideOpenWest by 4.2% in the fourth quarter. Ingalls & Snyder LLC now owns 68,840 shares of the company’s stock valued at $491,000 after buying an additional 2,786 shares in the last quarter. Quinn Opportunity Partners LLC grew its stake in WideOpenWest by 1.1% during the 4th quarter. Quinn Opportunity Partners LLC now owns 357,750 shares of the company’s stock valued at $2,551,000 after purchasing an additional 4,000 shares in the last quarter. Teachers Advisors LLC grew its stake in WideOpenWest by 12.0% during the 3rd quarter. Teachers Advisors LLC now owns 63,676 shares of the company’s stock valued at $714,000 after purchasing an additional 6,835 shares in the last quarter. MetLife Investment Advisors LLC grew its stake in WideOpenWest by 55.2% during the 3rd quarter. MetLife Investment Advisors LLC now owns 23,872 shares of the company’s stock valued at $268,000 after purchasing an additional 8,486 shares in the last quarter. Finally, Supplemental Annuity Collective Trust of NJ grew its stake in WideOpenWest by 50.0% during the 4th quarter. Supplemental Annuity Collective Trust of NJ now owns 30,000 shares of the company’s stock valued at $214,000 after purchasing an additional 10,000 shares in the last quarter. Institutional investors and hedge funds own 60.83% of the company’s stock.

Shares of NYSE WOW opened at $9.25 on Friday. WideOpenWest Inc has a fifty-two week low of $6.03 and a fifty-two week high of $12.91. The company has a market cap of $764.62 million, a price-to-earnings ratio of 7.84 and a beta of 1.85.

WideOpenWest (NYSE:WOW) last issued its quarterly earnings data on Thursday, March 7th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). WideOpenWest had a negative net margin of 11.33% and a negative return on equity of 24.96%. The business had revenue of $285.40 million for the quarter, compared to analyst estimates of $292.53 million. During the same quarter last year, the business earned $0.32 EPS. WideOpenWest’s revenue for the quarter was down 2.5% compared to the same quarter last year. Equities research analysts forecast that WideOpenWest Inc will post 0.91 earnings per share for the current year.

In other news, Director Crestview Partners Iii Gp, L.P bought 330,059 shares of WideOpenWest stock in a transaction on Thursday, April 4th. The shares were bought at an average price of $9.50 per share, with a total value of $3,135,560.50. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Teresa L. Elder bought 6,265 shares of WideOpenWest stock in a transaction on Tuesday, March 12th. The shares were purchased at an average cost of $7.97 per share, for a total transaction of $49,932.05. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 1,597,936 shares of company stock worth $14,827,282. 3.00% of the stock is currently owned by company insiders.

WOW has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded WideOpenWest from a “hold” rating to a “buy” rating and set a $9.00 price objective for the company in a research note on Saturday, January 12th. Credit Suisse Group lowered their price objective on WideOpenWest from $11.50 to $9.50 and set a “neutral” rating for the company in a research note on Friday, March 8th. ValuEngine upgraded WideOpenWest from a “sell” rating to a “hold” rating in a research note on Friday, March 15th. Finally, Macquarie lowered WideOpenWest from an “outperform” rating to a “neutral” rating and set a $10.00 price objective for the company. in a research note on Tuesday, April 9th. They noted that the move was a valuation call. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $11.75.

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WideOpenWest Company Profile

WideOpenWest, Inc provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States. Its video services include basic cable services that comprise local broadcast television and local community programming; digital cable services; and ultra-video products, as well as offers commercial-free movies, sports, and other special event entertainment programs.

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Institutional Ownership by Quarter for WideOpenWest (NYSE:WOW)

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