Berson & Corrado Investment Advisors LLC lessened its stake in Windstream Holdings, Inc. (NASDAQ:WIN) by 83.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,707 shares of the technology company’s stock after selling 283,638 shares during the quarter. Berson & Corrado Investment Advisors LLC’s holdings in Windstream were worth $105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of WIN. Cubist Systematic Strategies LLC raised its position in Windstream by 287.1% in the 3rd 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 during the last quarter. Magnetar Financial LLC raised its position in Windstream by 192.6% in the 3rd 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 during the last quarter. Royce & Associates LP raised its position in Windstream by 22.6% in the 3rd 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 during the last quarter. Finally, California Public Employees Retirement System raised its position in Windstream by 43.5% in the 3rd 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 during the last quarter. 66.27% of the stock is owned by hedge funds and other institutional investors.

WIN has been the subject of a number of recent analyst reports. Canaccord Genuity reissued a “buy” rating and issued a $3.00 target price on shares of Windstream in a research report on Monday, December 4th. BidaskClub lowered Windstream from a “buy” rating to a “hold” rating in a research report on Friday, December 8th. Barclays initiated coverage on Windstream in a research report on Friday, December 15th. They issued an “underweight” rating and a $1.50 target price for the company. JPMorgan Chase & Co. lowered Windstream from a “neutral” rating to an “underweight” rating in a research report on Tuesday, January 2nd. Finally, ValuEngine lowered Windstream from a “sell” rating to a “strong sell” rating in a research report on Monday, October 2nd. Five research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Sell” and an average price target of $2.25.

Windstream Holdings, Inc. (NASDAQ WIN) traded down $0.02 during midday trading on Wednesday, hitting $1.79. 2,120,000 shares of the stock traded hands, compared to its average volume of 3,090,000. Windstream Holdings, Inc. has a 12-month low of $1.71 and a 12-month high of $8.35. The stock has a market cap of $331.06, a price-to-earnings ratio of -0.68 and a beta of -0.12. The company has a quick ratio of 0.70, a current ratio of 0.77 and a debt-to-equity ratio of 20.24.

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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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