Windstream Holdings, Inc. (NASDAQ:WIN) has been given a consensus recommendation of “Hold” by the six brokerages that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $2.25.

WIN has been the subject of a number of analyst reports. Barclays initiated coverage on Windstream in a research report on Friday. They issued an “underweight” rating and a $1.50 price target for the company. Canaccord Genuity restated a “buy” rating and issued a $3.00 price target on shares of Windstream in a research report on Monday, December 4th. ValuEngine upgraded Windstream from a “strong sell” rating to a “sell” rating in a research report on Friday, September 1st. Finally, BidaskClub downgraded Windstream from a “buy” rating to a “hold” rating in a research report on Friday, December 8th.

Several institutional investors have recently made changes to their positions in WIN. California Public Employees Retirement System grew its stake in Windstream by 43.5% in the third quarter. California Public Employees Retirement System now owns 1,682,724 shares of the technology company’s stock valued at $2,978,000 after purchasing an additional 509,970 shares during the last quarter. Royce & Associates LP grew its stake in Windstream by 22.6% in the third quarter. Royce & Associates LP now owns 2,346,752 shares of the technology company’s stock valued at $4,154,000 after purchasing an additional 433,134 shares during the last quarter. Magnetar Financial LLC grew its stake in Windstream by 192.6% in the third quarter. Magnetar Financial LLC now owns 177,379 shares of the technology company’s stock valued at $314,000 after purchasing an additional 116,767 shares during the last quarter. Finally, Cubist Systematic Strategies LLC grew its stake in Windstream by 287.1% in the third quarter. Cubist Systematic Strategies LLC now owns 115,280 shares of the technology company’s stock valued at $204,000 after purchasing an additional 85,500 shares during the last quarter. Hedge funds and other institutional investors own 66.30% of the company’s stock.

Windstream (NASDAQ WIN) traded down $0.05 during midday trading on Friday, hitting $2.16. The stock had a trading volume of 2,995,600 shares, compared to its average volume of 3,555,252. The company has a quick ratio of 0.70, a current ratio of 0.77 and a debt-to-equity ratio of 20.24. Windstream has a 52-week low of $1.73 and a 52-week high of $8.35.

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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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