JPMorgan Chase & Co. Purchases 204,926 Shares of WideOpenWest, Inc. (NYSE:WOW)

JPMorgan Chase & Co. grew its position in shares of WideOpenWest, Inc. (NYSE:WOW - Free Report) by 40.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 706,080 shares of the company's stock after purchasing an additional 204,926 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.83% of WideOpenWest worth $3,502,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. LB Partners LLC boosted its stake in shares of WideOpenWest by 6.3% in the 4th quarter. LB Partners LLC now owns 7,069,844 shares of the company's stock valued at $35,066,000 after purchasing an additional 421,041 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of WideOpenWest by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 3,256,872 shares of the company's stock worth $16,154,000 after buying an additional 60,912 shares during the period. Geode Capital Management LLC boosted its holdings in WideOpenWest by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 1,113,504 shares of the company's stock valued at $5,847,000 after acquiring an additional 17,185 shares during the period. State Street Corp increased 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 purchasing an additional 2,838 shares during the period. Finally, Barclays PLC boosted its stake in shares of WideOpenWest by 263.2% during the third quarter. Barclays PLC now owns 111,766 shares of the company's stock valued at $587,000 after purchasing an additional 80,994 shares during the period. Institutional investors own 87.77% of the company's stock.

WideOpenWest Price Performance

WOW remained flat at $4.38 during trading on Friday. 77,405 shares of the company's stock traded hands, compared to its average volume of 468,297. The company has a 50-day moving average price of $4.63 and a 200-day moving average price of $4.79. WideOpenWest, Inc. has a fifty-two week low of $3.37 and a fifty-two week high of $5.80. The company has a market cap of $370.90 million, a price-to-earnings ratio of -3.92 and a beta of 1.37. The company has a debt-to-equity ratio of 4.41, a current ratio of 0.58 and a quick ratio of 0.58.

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

WideOpenWest Company 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.