Bank of New York Mellon Corp Has $683,000 Stock Holdings in WideOpenWest, Inc. (NYSE:WOW)

Bank of New York Mellon Corp lessened its holdings in WideOpenWest, Inc. (NYSE:WOW) by 2.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 137,661 shares of the company’s stock after selling 3,319 shares during the period. Bank of New York Mellon Corp owned about 0.16% of WideOpenWest worth $683,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of WOW. LB Partners LLC boosted its stake in shares of WideOpenWest by 6.3% in the 4th quarter. LB Partners LLC now owns 7,069,844 shares of the company’s stock valued at $35,066,000 after purchasing an additional 421,041 shares in the last quarter. R Squared Ltd acquired a new stake in WideOpenWest in the fourth quarter valued at approximately $98,000. SG Americas Securities LLC grew its stake in shares of WideOpenWest by 17.5% during the fourth quarter. SG Americas Securities LLC now owns 35,205 shares of the company’s stock worth $175,000 after buying an additional 5,236 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of WideOpenWest by 271.6% during the third quarter. JPMorgan Chase & Co. now owns 501,154 shares of the company’s stock worth $2,631,000 after buying an additional 366,284 shares in the last quarter. Finally, SkyView Investment Advisors LLC lifted its stake in shares of WideOpenWest by 2.7% in the 3rd quarter. SkyView Investment Advisors LLC now owns 84,781 shares of the company’s stock valued at $445,000 after acquiring an additional 2,255 shares during the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

WideOpenWest Trading Down 0.5 %

Shares of WOW stock opened at $5.03 on Thursday. WideOpenWest, Inc. has a twelve month low of $3.33 and a twelve month high of $5.80. The stock’s fifty day simple moving average is $4.57 and its 200 day simple moving average is $4.91. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 4.41. The firm has a market capitalization of $425.53 million, a P/E ratio of -4.49 and a beta of 1.47.

WideOpenWest (NYSE:WOW) last released its quarterly earnings results on Friday, March 14th. The company reported ($0.13) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.03. The company had revenue of $152.60 million for the quarter, compared to analysts’ expectations of $154.05 million. WideOpenWest had a negative return on equity of 22.83% and a negative net margin of 14.17%. As a group, sell-side analysts predict that WideOpenWest, Inc. will post -0.72 EPS 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.