D. E. Shaw & Co. Inc. Purchases 273,737 Shares of WideOpenWest, Inc. (NYSE:WOW)

D. E. Shaw & Co. Inc. lifted its stake in shares of WideOpenWest, Inc. (NYSE:WOW - Free Report) by 32.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,108,298 shares of the company's stock after purchasing an additional 273,737 shares during the quarter. D. E. Shaw & Co. Inc. owned 1.31% of WideOpenWest worth $5,497,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD lifted its holdings in shares of WideOpenWest by 15.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 19,530 shares of the company's stock valued at $97,000 after purchasing an additional 2,657 shares in the last quarter. R Squared Ltd purchased a new stake in shares of WideOpenWest in the fourth quarter valued at about $98,000. Aquatic Capital Management LLC bought a new position in shares of WideOpenWest during the fourth quarter valued at about $143,000. Covestor Ltd increased its stake in WideOpenWest by 16.0% in the 4th quarter. Covestor Ltd now owns 29,680 shares of the company's stock valued at $147,000 after buying an additional 4,103 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of WideOpenWest by 27.4% during the 4th quarter. Wells Fargo & Company MN now owns 29,684 shares of the company's stock worth $147,000 after purchasing an additional 6,391 shares during the period. Institutional investors own 87.77% of the company's stock.

WideOpenWest Trading Up 0.7%

WOW stock traded up $0.03 during trading on Thursday, hitting $4.18. 130,102 shares of the company traded hands, compared to its average volume of 413,287. The company has a debt-to-equity ratio of 4.41, a quick ratio of 0.58 and a current ratio of 0.58. WideOpenWest, Inc. has a 1 year low of $4.03 and a 1 year high of $5.80. The company has a 50-day moving average of $4.52 and a 200-day moving average of $4.70. The firm has a market capitalization of $357.29 million, a PE ratio of -3.74 and a beta of 1.32.

WideOpenWest (NYSE:WOW - Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $150.00 million during the quarter, compared to the consensus estimate of $148.17 million. WideOpenWest had a negative return on equity of 22.83% and a negative net margin of 14.17%. The firm's quarterly revenue was down 7.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.18) earnings per share. Analysts predict that WideOpenWest, Inc. will post -0.72 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of WideOpenWest from a "sell" rating to a "hold" rating in a report on Thursday.

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.