WideOpenWest, Inc. (NYSE:WOW) Position Cut by CenterBook Partners LP

CenterBook Partners LP reduced its position in shares of WideOpenWest, Inc. (NYSE:WOW - Free Report) by 47.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 661,091 shares of the company's stock after selling 606,942 shares during the period. CenterBook Partners LP owned about 0.78% of WideOpenWest worth $3,279,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. R Squared Ltd acquired a new position in shares of WideOpenWest in the 4th quarter valued at approximately $98,000. Wells Fargo & Company MN boosted its stake in WideOpenWest by 27.4% during the 4th quarter. Wells Fargo & Company MN now owns 29,684 shares of the company's stock valued at $147,000 after acquiring an additional 6,391 shares during the last quarter. SG Americas Securities LLC grew its holdings in WideOpenWest by 17.5% during the 4th quarter. SG Americas Securities LLC now owns 35,205 shares of the company's stock worth $175,000 after acquiring an additional 5,236 shares in the last quarter. Anthracite Investment Company Inc. bought a new stake in shares of WideOpenWest in the 4th quarter worth about $357,000. Finally, BNP Paribas Financial Markets raised its stake in shares of WideOpenWest by 378.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 72,900 shares of the company's stock valued at $383,000 after purchasing an additional 57,658 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

WideOpenWest Stock Up 1.2 %

NYSE:WOW traded up $0.05 during mid-day trading on Tuesday, reaching $4.23. The stock had a trading volume of 85,884 shares, compared to its average volume of 466,568. WideOpenWest, Inc. has a 1-year low of $3.33 and a 1-year high of $5.80. The company has a debt-to-equity ratio of 4.41, a current ratio of 0.58 and a quick ratio of 0.58. The company has a market capitalization of $358.20 million, a price-to-earnings ratio of -3.78 and a beta of 1.37. The stock's 50 day simple moving average is $4.65 and its two-hundred day simple moving average is $4.84.

WideOpenWest (NYSE:WOW - Get Free Report) last released its quarterly earnings data on Friday, March 14th. The company reported ($0.13) EPS for the quarter, topping analysts' consensus estimates of ($0.16) by $0.03. The firm had revenue of $152.60 million during the quarter, compared to the consensus estimate of $154.05 million. WideOpenWest had a negative net margin of 14.17% and a negative return on equity of 22.83%. Equities analysts anticipate 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.