Teacher Retirement System of Texas grew its holdings in Windstream Holdings, Inc. (NASDAQ:WIN) by 300.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 60,764 shares of the technology company’s stock after acquiring an additional 45,589 shares during the period. Teacher Retirement System of Texas’ holdings in Windstream were worth $112,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Teton Advisors Inc. raised its position in Windstream by 20.9% in the fourth quarter. Teton Advisors Inc. now owns 577,914 shares of the technology company’s stock worth $1,069,000 after acquiring an additional 100,000 shares during the period. Magnetar Financial LLC raised its position in Windstream by 192.6% in the third quarter. Magnetar Financial LLC now owns 177,379 shares of the technology company’s stock worth $314,000 after acquiring an additional 116,767 shares during the period. Bank of Montreal Can raised its position in Windstream by 2,071.1% in the fourth quarter. Bank of Montreal Can now owns 106,928 shares of the technology company’s stock worth $197,000 after acquiring an additional 102,003 shares during the period. Aperio Group LLC raised its position in Windstream by 126.9% in the fourth quarter. Aperio Group LLC now owns 155,688 shares of the technology company’s stock worth $288,000 after acquiring an additional 87,066 shares during the period. Finally, Royce & Associates LP raised its position in Windstream by 22.6% in the third quarter. Royce & Associates LP now owns 2,346,752 shares of the technology company’s stock worth $4,154,000 after acquiring an additional 433,134 shares during the period. Institutional investors and hedge funds own 61.61% of the company’s stock.
Several research analysts have weighed in on WIN shares. Canaccord Genuity reiterated a “buy” rating and issued a $3.00 price target on shares of Windstream in a research report on Monday, December 4th. BidaskClub cut shares of Windstream from a “buy” rating to a “hold” rating in a research note on Friday, December 8th. Zacks Investment Research cut shares of Windstream from a “hold” rating to a “sell” rating in a research note on Saturday, January 13th. JPMorgan Chase cut shares of Windstream from a “neutral” rating to an “underweight” rating in a research note on Tuesday, January 2nd. Finally, Barclays initiated coverage on shares of Windstream in a research note on Friday, December 15th. They issued an “underweight” rating and a $1.50 price objective for the company. Five analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $1.96.
Shares of NASDAQ WIN opened at $1.41 on Friday. The company has a debt-to-equity ratio of -7.94, a current ratio of 0.60 and a quick ratio of 0.54. The firm has a market capitalization of $288.55, a PE ratio of -0.87 and a beta of 0.07. Windstream Holdings, Inc. has a 1 year low of $1.28 and a 1 year high of $5.76.
Windstream (NASDAQ:WIN) last announced its quarterly earnings data on Thursday, February 22nd. The technology company reported $0.03 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.39) by $0.42. The firm had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.49 billion. Windstream had a negative net margin of 36.16% and a negative return on equity of 191.89%. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.83) earnings per share. research analysts predict that Windstream Holdings, Inc. will post -2.58 earnings per share for the current fiscal year.
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Windstream Company Profile
Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.
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