Arrowstreet Capital Limited Partnership Invests $452,000 in WideOpenWest, Inc. (NYSE:WOW)

Arrowstreet Capital Limited Partnership purchased a new position in shares of WideOpenWest, Inc. (NYSE:WOW - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 91,185 shares of the company's stock, valued at approximately $452,000. Arrowstreet Capital Limited Partnership owned approximately 0.11% of WideOpenWest at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. SkyView Investment Advisors LLC boosted its position in WideOpenWest by 2.7% during the 3rd quarter. SkyView Investment Advisors LLC now owns 84,781 shares of the company's stock valued at $445,000 after acquiring an additional 2,255 shares in the last quarter. State Street Corp raised its stake in WideOpenWest by 0.3% in the 3rd quarter. State Street Corp now owns 1,048,205 shares of the company's stock worth $5,503,000 after acquiring an additional 2,838 shares during the last quarter. SG Americas Securities LLC boosted its position in WideOpenWest by 17.5% in the fourth quarter. SG Americas Securities LLC now owns 35,205 shares of the company's stock valued at $175,000 after buying an additional 5,236 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of WideOpenWest by 1.6% in the third quarter. Geode Capital Management LLC now owns 1,113,504 shares of the company's stock worth $5,847,000 after acquiring an additional 17,185 shares during the period. Finally, R Squared Ltd purchased a new position in shares of WideOpenWest during the 4th quarter valued at about $98,000. Hedge funds and other institutional investors own 87.77% of the company's stock.

WideOpenWest Stock Performance

WideOpenWest stock traded up $0.24 during mid-day trading on Friday, hitting $4.47. The company had a trading volume of 386,245 shares, compared to its average volume of 468,070. The company's fifty day moving average is $4.64 and its 200-day moving average is $4.82. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 4.41. WideOpenWest, Inc. has a 12-month low of $3.33 and a 12-month high of $5.80. The company has a market capitalization of $378.10 million, a price-to-earnings ratio of -3.99 and a beta of 1.37.

WideOpenWest (NYSE:WOW - Get Free Report) last posted its quarterly earnings data on Friday, March 14th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.03. WideOpenWest had a negative net margin of 14.17% and a negative return on equity of 22.83%. The business had revenue of $152.60 million for the quarter, compared to the consensus estimate of $154.05 million. Equities research analysts predict that WideOpenWest, Inc. will post -0.72 EPS for the current year.

WideOpenWest Profile

WideOpenWest, Inc provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States. The company's video services include basic cable services that comprise local broadcast television and local community programming; digital cable services; WOW tv+ that offers traditional cable video and cloud DVR functionality, voice remote with Google Assistant, and Netflix integration along with access to various streaming services and apps through the Google Play Store; and commercial-free movies, TV shows, sports, and other special event entertainment programs.