DRW Securities LLC raised its stake in WideOpenWest, Inc. (NYSE:WOW - Free Report) by 82.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 413,172 shares of the company's stock after purchasing an additional 186,597 shares during the period. DRW Securities LLC owned 0.49% of WideOpenWest worth $2,049,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of the stock. Rangeley Capital LLC acquired a new stake in WideOpenWest during the fourth quarter worth about $3,722,000. LB Partners LLC boosted its position in WideOpenWest by 6.3% during the 4th quarter. LB Partners LLC now owns 7,069,844 shares of the company's stock worth $35,066,000 after acquiring an additional 421,041 shares during the period. JPMorgan Chase & Co. grew its position in WideOpenWest by 271.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 501,154 shares of the company's stock valued at $2,631,000 after buying an additional 366,284 shares in the last quarter. XTX Topco Ltd bought a new position in shares of WideOpenWest in the third quarter valued at approximately $594,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of WideOpenWest during the fourth quarter valued at approximately $452,000. Institutional investors and hedge funds own 87.77% of the company's stock.
WideOpenWest Price Performance
NYSE WOW traded down $0.06 on Monday, reaching $4.20. 110,723 shares of the stock traded hands, compared to its average volume of 467,323. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 4.41. The company has a market cap of $355.66 million, a price-to-earnings ratio of -3.75 and a beta of 1.37. The firm's fifty day simple moving average is $4.65 and its 200 day simple moving average is $4.84. WideOpenWest, Inc. has a 12 month low of $3.33 and a 12 month high of $5.80.
WideOpenWest (NYSE:WOW - Get Free Report) last posted its quarterly earnings data on Friday, March 14th. The company reported ($0.13) earnings per share 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 company had revenue of $152.60 million during the quarter, compared to analyst estimates of $154.05 million. As a group, research analysts predict that WideOpenWest, Inc. will post -0.72 EPS for the current fiscal year.
About WideOpenWest
(
Free Report)
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.
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