BidaskClub cut shares of Windstream (NASDAQ:WIN) from a buy rating to a hold rating in a research note issued to investors on Friday morning.

WIN has been the topic of several other reports. ValuEngine lowered shares of Windstream from a sell rating to a strong sell rating in a report on Monday, October 2nd. Canaccord Genuity reaffirmed a buy rating and set a $3.00 price target on shares of Windstream in a report on Friday, November 24th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of $3.00.

Shares of Windstream (NASDAQ WIN) traded up $0.06 during trading on Friday, hitting $1.96. 2,128,433 shares of the company traded hands, compared to its average volume of 3,569,072. The company has a debt-to-equity ratio of 20.24, a quick ratio of 0.70 and a current ratio of 0.77. Windstream has a 12 month low of $1.73 and a 12 month high of $8.35.

Several institutional investors have recently made changes to their positions in the stock. Cubist Systematic Strategies LLC boosted its position in Windstream by 287.1% during 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 period. Magnetar Financial LLC boosted its position in Windstream by 192.6% during 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 period. Royce & Associates LP boosted its position in Windstream by 22.6% during 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 period. Finally, California Public Employees Retirement System boosted its position in Windstream by 43.5% during 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 period. 66.30% of the stock is currently owned by institutional investors.

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About Windstream

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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