Shares of Windstream Holdings Inc (NYSE:WIN) have been assigned an average recommendation of “Hold” from the five analysts that are covering the company. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $9.50.
Several equities research analysts have recently weighed in on the company. Jefferies Group reiterated a “sell” rating on shares of Windstream Holdings in a research report on Sunday, July 17th. Raymond James Financial Inc. reiterated an “underperform” rating on shares of Windstream Holdings in a research report on Friday, August 5th. Zacks Investment Research cut Windstream Holdings from a “buy” rating to a “hold” rating in a research report on Friday, July 29th. Citigroup Inc. reiterated a “neutral” rating and set a $10.00 price target on shares of Windstream Holdings in a research report on Tuesday, July 5th. Finally, Cowen and Company initiated coverage on shares of Windstream Holdings in a research report on Thursday, October 13th. They issued a “market perform” rating and a $9.00 price objective on the stock.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Windstream Holdings by 4.6% in the second quarter. Vanguard Group Inc. now owns 10,902,527 shares of the company’s stock valued at $101,066,000 after buying an additional 478,583 shares during the period. BlackRock Fund Advisors boosted its position in shares of Windstream Holdings by 28.8% in the second quarter. BlackRock Fund Advisors now owns 5,529,408 shares of the company’s stock worth $51,258,000 after buying an additional 1,237,004 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in shares of Windstream Holdings by 19.3% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 3,295,579 shares of the company’s stock worth $30,550,000 after buying an additional 532,353 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Windstream Holdings by 40.6% in the second quarter. JPMorgan Chase & Co. now owns 2,385,541 shares of the company’s stock worth $22,114,000 after buying an additional 688,770 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Windstream Holdings by 8.5% in the second quarter. Bank of New York Mellon Corp now owns 1,688,148 shares of the company’s stock worth $15,650,000 after buying an additional 132,599 shares during the last quarter.
Windstream Holdings (NYSE:WIN) opened at 8.47 on Thursday. Windstream Holdings has a 12 month low of $4.75 and a 12 month high of $10.46. The firm’s market cap is $815.36 million. The stock has a 50 day moving average of $9.21 and a 200-day moving average of $8.84.
Windstream Holdings (NYSE:WIN) last announced its quarterly earnings results on Thursday, August 4th. The company reported $0.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.35) by $0.36. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter in the prior year, the company earned ($1.13) earnings per share. The company’s quarterly revenue was down 4.3% on a year-over-year basis. Equities research analysts predict that Windstream Holdings will post $0.41 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, October 17th. Investors of record on Friday, September 30th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 7.08%. The ex-dividend date was Wednesday, September 28th.
Windstream Holdings Company Profile
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