Charles Schwab Investment Management Inc. Sells 231,663 Shares of WideOpenWest, Inc. (NYSE:WOW)

Charles Schwab Investment Management Inc. decreased its holdings in WideOpenWest, Inc. (NYSE:WOW - Free Report) by 27.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 611,641 shares of the company's stock after selling 231,663 shares during the period. Charles Schwab Investment Management Inc. owned about 0.72% of WideOpenWest worth $3,034,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. SkyView Investment Advisors LLC raised its holdings in WideOpenWest by 2.7% during the third quarter. SkyView Investment Advisors LLC now owns 84,781 shares of the company's stock valued at $445,000 after buying an additional 2,255 shares in the last quarter. State Street Corp raised its stake in shares of WideOpenWest by 0.3% in the 3rd quarter. State Street Corp now owns 1,048,205 shares of the company's stock valued at $5,503,000 after acquiring an additional 2,838 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of WideOpenWest by 17.5% in the 4th quarter. SG Americas Securities LLC now owns 35,205 shares of the company's stock valued at $175,000 after acquiring an additional 5,236 shares in the last quarter. Intech Investment Management LLC acquired a new stake in WideOpenWest in the 3rd quarter worth approximately $69,000. Finally, Geode Capital Management LLC boosted its position in WideOpenWest by 1.6% during the third quarter. Geode Capital Management LLC now owns 1,113,504 shares of the company's stock worth $5,847,000 after purchasing an additional 17,185 shares during the period. Institutional investors and hedge funds own 87.77% of the company's stock.

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WideOpenWest Stock Performance

Shares of NYSE:WOW traded up $0.02 during trading on Monday, reaching $4.98. The stock had a trading volume of 309,037 shares, compared to its average volume of 461,092. The stock has a fifty day simple moving average of $4.60 and a two-hundred day simple moving average of $4.90. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 4.41. WideOpenWest, Inc. has a 52 week low of $3.33 and a 52 week high of $5.80. The firm has a market capitalization of $421.30 million, a price-to-earnings ratio of -4.44 and a beta of 1.47.

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