Canaccord Genuity reiterated their buy rating on shares of Windstream Holdings, Inc. (NASDAQ:WIN) in a report issued on Friday. The firm currently has a $3.00 price objective on the technology company’s stock.

A number of other analysts have also weighed in on the stock. ValuEngine lowered shares of Windstream from a sell rating to a strong sell rating in a research note on Monday, October 2nd. BidaskClub upgraded shares of Windstream from a sell rating to a hold rating in a research note on Monday, July 31st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. Windstream currently has a consensus rating of Hold and a consensus price target of $3.00.

Shares of Windstream (WIN) traded up $0.01 during trading on Friday, reaching $2.43. 1,337,700 shares of the company’s stock were exchanged, compared to its average volume of 3,569,531. The company has a current ratio of 0.77, a quick ratio of 0.70 and a debt-to-equity ratio of 20.24. Windstream has a twelve month low of $1.73 and a twelve month high of $8.35.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Royce & Associates LP boosted its holdings in Windstream by 22.6% during the third quarter. Royce & Associates LP now owns 2,346,752 shares of the technology company’s stock worth $4,154,000 after buying an additional 433,134 shares in the last quarter. California Public Employees Retirement System boosted its holdings in Windstream by 43.5% during the third quarter. California Public Employees Retirement System now owns 1,682,724 shares of the technology company’s stock worth $2,978,000 after buying an additional 509,970 shares in the last quarter. Magnetar Financial LLC boosted its holdings in Windstream by 192.6% during the third quarter. Magnetar Financial LLC now owns 177,379 shares of the technology company’s stock worth $314,000 after buying an additional 116,767 shares in the last quarter. Finally, Cubist Systematic Strategies LLC boosted its holdings in Windstream by 287.1% during the third quarter. Cubist Systematic Strategies LLC now owns 115,280 shares of the technology company’s stock worth $204,000 after buying an additional 85,500 shares in the last quarter. 65.20% of the stock is currently owned by hedge funds and other institutional investors.

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Windstream Company Profile

Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.

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