The stock of Windstream Holdings, Inc. (NASDAQ:WIN) is a huge mover today! About 621,226 shares traded hands. Windstream Holdings, Inc. (NASDAQ:WIN) has declined 14.41% since April 11, 2016 and is downtrending. It has underperformed by 20.56% the S&P500.
The move comes after 9 months positive chart setup for the $639.16M company. It was reported on Nov, 11 by Barchart.com. We have $9.85 PT which if reached, will make NASDAQ:WIN worth $281.23 million more.
Windstream Holdings, Inc. (NASDAQ:WIN) Ratings Coverage
Out of 5 analysts covering Windstream Holdings (NASDAQ:WIN), 2 rate it a “Buy”, 2 “Sell”, while 1 “Hold”. This means 40% are positive. Windstream Holdings has been the topic of 8 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by Zacks given on Tuesday, August 4. The stock has “Outperform” rating given by Raymond James on Tuesday, December 1. The rating was upgraded by Cowen & Co to “Outperform” on Tuesday, November 8. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, December 1. The firm has “Underperform” rating given on Friday, August 5 by Raymond James.
According to Zacks Investment Research, “Windstream Holdings, Inc. offers advanced network communications, including cloud computing and managed services, to businesses. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas. Windstream Holdings, Inc., formerly known as Windstream Corporation, is based in Little Rock, Arkansas.”
Insitutional Activity: The institutional sentiment decreased to 0.33 in Q2 2016. Its down 1.67, from 2 in 2016Q1. The ratio is negative, as 2 funds sold all Windstream Holdings, Inc. shares owned while 1 reduced positions. 0 funds bought stakes while 1 increased positions. They now own 469,461 shares or 15.42% less from 555,065 shares in 2016Q1.
Lmr Prns Llp accumulated 0.16% or 109,791 shares. Pvg Asset Mngmt accumulated 0% or 126,286 shares. Huntington Commercial Bank has 0.04% invested in the company for 195,729 shares. Pinnacle Limited Liability Corp accumulated 0% or 22,499 shares. Ray Gerald L holds 0.02% or 15,156 shares in its portfolio.
More notable recent Windstream Holdings, Inc. (NASDAQ:WIN) news were published by: Foxbusiness.com which released: “Why Windstream Holdings, Inc. Fell 22% in October” on November 09, 2016, also Fortune.com with their article: “Windstream Is Buying Fellow Internet Service Provider Earthlink” published on November 07, 2016, Fool.com published: “How Windstream Holdings, Inc. Gained 18% in September” on October 12, 2016. More interesting news about Windstream Holdings, Inc. (NASDAQ:WIN) were released by: Reuters.com and their article: “Exclusive: EarthLink, a 90s Internet star, in talks to merge with Windstre…” published on November 04, 2016 as well as Seekingalpha.com‘s news article titled: “Windstream: Cash Flow Enhancing Deal” with publication date: November 10, 2016.
WIN Company Profile
Windstream Holdings, Inc., incorporated on May 23, 2013, is a holding company. The Firm provides advanced network communications and technology solutions for consumers, businesses, enterprise organizations and carrier partners across the United States. It provides data, cloud solutions, unified communications and managed services to small business and enterprise clients. In addition, the Company offers bundled services, including broadband, security solutions, voice and digital television to consumers. It supplies core transport solutions on a local and long-haul fiber-optic network spanning approximately 125,000 miles. The Company’s divisions include Consumer and Small Business-ILEC; Carrier; Enterprise, and Small Business-CLEC.
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