JPMorgan Chase & Co. Acquires 204,926 Shares of WideOpenWest, Inc. (NYSE:WOW)

JPMorgan Chase & Co. boosted its position in shares of WideOpenWest, Inc. (NYSE:WOW - Free Report) by 40.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 706,080 shares of the company's stock after acquiring an additional 204,926 shares during the quarter. JPMorgan Chase & Co. owned 0.83% of WideOpenWest worth $3,502,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in WOW. R Squared Ltd bought a new stake in shares of WideOpenWest in the 4th quarter valued at about $98,000. SG Americas Securities LLC raised its stake 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 buying an additional 5,236 shares during the period. Anthracite Investment Company Inc. acquired a new stake in shares of WideOpenWest in the fourth quarter valued at approximately $357,000. SkyView Investment Advisors LLC lifted its position in shares of WideOpenWest by 2.7% in the third quarter. SkyView Investment Advisors LLC now owns 84,781 shares of the company's stock valued at $445,000 after buying an additional 2,255 shares during the last quarter. Finally, Barclays PLC increased its holdings in shares of WideOpenWest by 263.2% during the 3rd quarter. Barclays PLC now owns 111,766 shares of the company's stock worth $587,000 after acquiring an additional 80,994 shares during the last quarter. Institutional investors and hedge funds own 87.77% of the company's stock.

WideOpenWest Stock Performance

WideOpenWest stock traded up $0.04 during mid-day trading on Friday, hitting $4.42. 118,062 shares of the company's stock traded hands, compared to its average volume of 469,469. WideOpenWest, Inc. has a fifty-two week low of $3.44 and a fifty-two week high of $5.80. The stock has a market cap of $374.29 million, a price-to-earnings ratio of -3.95 and a beta of 1.37. The firm has a 50 day simple moving average of $4.62 and a two-hundred day simple moving average of $4.79. The company has a debt-to-equity ratio of 4.41, a current ratio of 0.58 and a quick ratio of 0.58.

WideOpenWest (NYSE:WOW - Get Free Report) last released its quarterly earnings results 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 firm had revenue of $152.60 million for the quarter, compared to analysts' expectations of $154.05 million. On average, research analysts expect that WideOpenWest, Inc. will post -0.72 EPS 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.