LGT Capital Partners LTD. raised its stake in shares of WideOpenWest, Inc. (NYSE:WOW - Free Report) by 70.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 910,000 shares of the company's stock after buying an additional 375,000 shares during the quarter. LGT Capital Partners LTD. owned about 1.09% of WideOpenWest worth $3,686,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also added to or reduced their stakes in the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in shares of WideOpenWest in the second quarter valued at $29,000. Point72 Hong Kong Ltd grew its holdings in shares of WideOpenWest by 85.8% in the first quarter. Point72 Hong Kong Ltd now owns 3,162 shares of the company's stock valued at $55,000 after purchasing an additional 1,460 shares in the last quarter. Point72 Middle East FZE purchased a new position in shares of WideOpenWest in the fourth quarter valued at $30,000. Tower Research Capital LLC TRC boosted its stake in WideOpenWest by 150.0% during the second quarter. Tower Research Capital LLC TRC now owns 3,650 shares of the company's stock worth $31,000 after buying an additional 2,190 shares during the period. Finally, PNC Financial Services Group Inc. purchased a new position in WideOpenWest during the second quarter worth $40,000. 87.77% of the stock is owned by hedge funds and other institutional investors.
WideOpenWest Stock Up 0.8 %
Shares of WOW stock traded up $0.03 on Friday, hitting $3.62. The stock had a trading volume of 458,011 shares, compared to its average volume of 911,711. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 3.55. The business has a 50 day moving average price of $3.57 and a 200 day moving average price of $4.77. The company has a market cap of $301.58 million, a PE ratio of -1.02 and a beta of 1.40. WideOpenWest, Inc. has a one year low of $2.31 and a one year high of $11.75.
Analyst Upgrades and Downgrades
Separately, Benchmark reiterated a "buy" rating and set a $8.00 target price on shares of WideOpenWest in a research report on Thursday, March 14th.
Read Our Latest Report on WOW
WideOpenWest Company Profile
(
Free Report)
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.
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