BidaskClub upgraded shares of Windstream (NASDAQ:WIN) from a hold rating to a buy rating in a research report report published on Saturday.
A number of other equities analysts have also recently issued reports on the stock. Canaccord Genuity reissued a buy rating and issued a $3.00 target price on shares of Windstream in a report on Friday, November 24th. ValuEngine cut shares of Windstream from a sell rating to a strong sell rating in a report on Monday, October 2nd. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company. The stock has an average rating of Hold and an average price target of $3.00.
Windstream (WIN) opened at $2.05 on Friday. The company has a quick ratio of 0.70, a current ratio of 0.77 and a debt-to-equity ratio of 20.24. Windstream has a twelve month low of $1.73 and a twelve month high of $8.35.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC raised its holdings in shares of Windstream by 287.1% during the third quarter. Cubist Systematic Strategies LLC now owns 115,280 shares of the technology company’s stock valued at $204,000 after buying an additional 85,500 shares during the last quarter. Magnetar Financial LLC raised its holdings in shares of Windstream by 192.6% during the third quarter. Magnetar Financial LLC now owns 177,379 shares of the technology company’s stock valued at $314,000 after buying an additional 116,767 shares during the last quarter. California Public Employees Retirement System raised its holdings in shares of Windstream by 43.5% during the third quarter. California Public Employees Retirement System now owns 1,682,724 shares of the technology company’s stock valued at $2,978,000 after buying an additional 509,970 shares during the last quarter. Finally, Royce & Associates LP raised its holdings in shares of Windstream by 22.6% during the third quarter. Royce & Associates LP now owns 2,346,752 shares of the technology company’s stock valued at $4,154,000 after buying an additional 433,134 shares during the last quarter. 66.30% of the stock is currently owned by institutional investors.
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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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