D. E. Shaw & Co. Inc. Grows Holdings in WideOpenWest, Inc. (NYSE:WOW)

D. E. Shaw & Co. Inc. increased its stake in WideOpenWest, Inc. (NYSE:WOW - Free Report) by 32.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,108,298 shares of the company's stock after acquiring an additional 273,737 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 1.31% of WideOpenWest worth $5,497,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Barclays PLC grew its holdings in shares of WideOpenWest by 263.2% during the third quarter. Barclays PLC now owns 111,766 shares of the company's stock worth $587,000 after buying an additional 80,994 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of WideOpenWest by 271.6% in the third quarter. JPMorgan Chase & Co. now owns 501,154 shares of the company's stock valued at $2,631,000 after purchasing an additional 366,284 shares during the period. SG Americas Securities LLC boosted its holdings in WideOpenWest by 17.5% in the fourth quarter. SG Americas Securities LLC now owns 35,205 shares of the company's stock valued at $175,000 after purchasing an additional 5,236 shares during the period. R Squared Ltd acquired a new stake in WideOpenWest in the 4th quarter valued at about $98,000. Finally, LB Partners LLC grew its position in shares of WideOpenWest by 6.3% during the fourth quarter. LB Partners LLC now owns 7,069,844 shares of the company's stock worth $35,066,000 after buying an additional 421,041 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

WideOpenWest Stock Down 3.0%

Shares of WOW stock traded down $0.13 on Tuesday, reaching $4.21. 175,521 shares of the stock were exchanged, compared to its average volume of 414,295. 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, Inc. has a twelve month low of $4.03 and a twelve month high of $5.80. The company has a market capitalization of $359.85 million, a price-to-earnings ratio of -3.76 and a beta of 1.32. The business's 50 day moving average price is $4.52 and its 200 day moving average price is $4.71.

WideOpenWest (NYSE:WOW - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported ($0.17) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.19) by $0.02. WideOpenWest had a negative return on equity of 22.83% and a negative net margin of 14.17%. The firm had revenue of $150.00 million for the quarter, compared to analyst estimates of $148.17 million. During the same quarter last year, the company posted ($0.18) earnings per share. The business's revenue was down 7.1% on a year-over-year basis. As a group, sell-side analysts expect 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.