19,675 Shares in WideOpenWest, Inc. (NYSE:WOW) Acquired by R Squared Ltd

R Squared Ltd acquired a new stake in shares of WideOpenWest, Inc. (NYSE:WOW) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 19,675 shares of the company’s stock, valued at approximately $98,000.

Several other hedge funds have also added to or reduced their stakes in WOW. LB Partners LLC raised its position in shares of WideOpenWest by 0.9% in the 3rd quarter. LB Partners LLC now owns 6,648,803 shares of the company’s stock worth $34,906,000 after purchasing an additional 61,677 shares during the last quarter. Geode Capital Management LLC lifted 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 buying an additional 17,185 shares in the last quarter. State Street Corp grew its holdings in shares of WideOpenWest by 0.3% during the third quarter. State Street Corp now owns 1,048,205 shares of the company’s stock valued at $5,503,000 after buying an additional 2,838 shares during the last quarter. Luxor Capital Group LP raised its holdings in WideOpenWest by 43.0% in the 3rd quarter. Luxor Capital Group LP now owns 617,235 shares of the company’s stock worth $3,240,000 after acquiring an additional 185,565 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in WideOpenWest by 271.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 501,154 shares of the company’s stock worth $2,631,000 after acquiring an additional 366,284 shares during the last quarter. 87.77% of the stock is owned by institutional investors.

WideOpenWest Stock Performance

Shares of WOW opened at $4.19 on Friday. The company has a market cap of $354.80 million, a price-to-earnings ratio of -3.74 and a beta of 1.48. The business’s fifty day simple moving average is $4.79 and its two-hundred day simple moving average is $5.12. WideOpenWest, Inc. has a 12 month low of $2.31 and a 12 month high of $5.80. 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 (NYSE:WOW) last released its quarterly earnings data on Monday, November 4th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.17). The business had revenue of $158.00 million during the quarter, compared to the consensus estimate of $157.46 million. WideOpenWest had a negative return on equity of 22.83% and a negative net margin of 14.17%. WideOpenWest’s quarterly revenue was down 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($1.29) earnings per share. Research analysts anticipate that WideOpenWest, Inc. will post -0.72 earnings per share 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.