CenterBook Partners LP Cuts Holdings in WideOpenWest, Inc. (NYSE:WOW)

CenterBook Partners LP lessened its stake in WideOpenWest, Inc. (NYSE:WOW) by 47.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 661,091 shares of the company’s stock after selling 606,942 shares during the quarter. CenterBook Partners LP’s holdings in WideOpenWest were worth $3,279,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LB Partners LLC grew its stake in WideOpenWest by 6.3% in the 4th quarter. LB Partners LLC now owns 7,069,844 shares of the company’s stock worth $35,066,000 after buying an additional 421,041 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of WideOpenWest in the 3rd quarter valued at $594,000. Barclays PLC boosted its stake in shares of WideOpenWest by 263.2% in the 3rd quarter. Barclays PLC now owns 111,766 shares of the company’s stock valued at $587,000 after purchasing an additional 80,994 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of WideOpenWest by 271.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 501,154 shares of the company’s stock valued at $2,631,000 after purchasing an additional 366,284 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of WideOpenWest by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,113,504 shares of the company’s stock valued at $5,847,000 after purchasing an additional 17,185 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

WideOpenWest Price Performance

Shares of WideOpenWest stock opened at $4.57 on Thursday. WideOpenWest, Inc. has a 52-week low of $3.33 and a 52-week high of $5.80. The stock has a market capitalization of $386.99 million, a price-to-earnings ratio of -4.08 and a beta of 1.37. The company has a fifty day moving average of $4.65 and a 200-day moving average of $4.86. 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 (NYSE:WOW) last posted its quarterly earnings results on Friday, March 14th. The company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $152.60 million during the quarter, compared to analyst estimates of $154.05 million. Equities research analysts expect that WideOpenWest, Inc. will post -0.72 EPS for the current 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.