Morgan Stanley increased its stake in shares of Windstream Holdings Inc (NYSE:WIN) by 15.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 736,243 shares of the company’s stock after buying an additional 97,913 shares during the period. Morgan Stanley’s holdings in Windstream Holdings were worth $4,013,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Nisa Investment Advisors LLC increased its stake in Windstream Holdings by 11.1% in the first quarter. Nisa Investment Advisors LLC now owns 27,392 shares of the company’s stock valued at $149,000 after buying an additional 2,726 shares during the period. Isthmus Partners LLC increased its stake in Windstream Holdings by 2.7% in the first quarter. Isthmus Partners LLC now owns 106,730 shares of the company’s stock valued at $582,000 after buying an additional 2,837 shares during the period. Paragon Capital Management Ltd bought a new stake in Windstream Holdings during the first quarter valued at $245,000. Highbridge Capital Management LLC increased its stake in Windstream Holdings by 31.3% in the fourth quarter. Highbridge Capital Management LLC now owns 27,826 shares of the company’s stock valued at $204,000 after buying an additional 6,626 shares during the period. Finally, BNP Paribas Arbitrage SA increased its stake in Windstream Holdings by 18.6% in the first quarter. BNP Paribas Arbitrage SA now owns 45,090 shares of the company’s stock valued at $246,000 after buying an additional 7,084 shares during the period.

Windstream Holdings Inc (NYSE WIN) traded down 1.232% during mid-day trading on Monday, reaching $2.005. 667,298 shares of the company traded hands. The stock’s market capitalization is $382.61 million. The stock has a 50-day moving average of $3.53 and a 200 day moving average of $5.26. Windstream Holdings Inc has a 52-week low of $2.00 and a 52-week high of $10.46.

Windstream Holdings (NYSE:WIN) last posted its quarterly earnings data on Thursday, August 3rd. The company reported ($0.37) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.45) by $0.08. The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter last year, the company earned $0.01 earnings per share. The company’s revenue was up 9.7% compared to the same quarter last year. Equities research analysts expect that Windstream Holdings Inc will post ($2.03) earnings per share for the current year.

Windstream Holdings declared that its board has approved a share buyback plan on Thursday, August 3rd that authorizes the company to buyback $90.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 19.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

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Several analysts recently weighed in on the stock. Raymond James Financial, Inc. upgraded shares of Windstream Holdings from an “underperform” rating to an “outperform” rating and set a $5.25 target price for the company in a report on Wednesday, May 17th. Deutsche Bank AG dropped their target price on shares of Windstream Holdings from $7.00 to $3.00 and set a “hold” rating for the company in a report on Tuesday, August 8th. Bank of America Corporation downgraded shares of Windstream Holdings from a “buy” rating to an “underperform” rating and dropped their target price for the company from $8.00 to $3.00 in a report on Friday, August 4th. Jefferies Group LLC reiterated a “hold” rating and issued a $2.50 target price (down previously from $5.00) on shares of Windstream Holdings in a report on Wednesday, August 9th. Finally, Zacks Investment Research upgraded shares of Windstream Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. Windstream Holdings has a consensus rating of “Hold” and an average price target of $5.30.

In related news, Director Alan L. Wells acquired 68,000 shares of Windstream Holdings stock in a transaction on Tuesday, August 8th. The shares were purchased at an average cost of $2.10 per share, for a total transaction of $142,800.00. Following the purchase, the director now directly owns 157,971 shares of the company’s stock, valued at approximately $331,739.10. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Windstream Holdings Company Profile

Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its ILEC Consumer and Small Business segment offers consumer services, including high-speed Internet access; Internet security services; online backup services; basic local telephone services and long-distance services, as well as call waiting, caller identification, call forwarding, and other services; and video services, as well as owns and operates cable television franchises, and sells and leases equipment to support its consumer high-speed Internet and voice services.

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Institutional Ownership by Quarter for Windstream Holdings (NYSE:WIN)

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