EarthLink Holdings Corp. (NASDAQ:ELNK) was down 8.1% on Tuesday . The company traded as low as $5.65 and last traded at $6.35, with a volume of 1,487,002 shares traded. The stock had previously closed at $6.91.

A number of equities research analysts have recently weighed in on ELNK shares. B. Riley reissued a “buy” rating and set a $10.00 target price on shares of EarthLink Holdings Corp. in a report on Tuesday. Jefferies Group reissued a “hold” rating on shares of EarthLink Holdings Corp. in a report on Tuesday, May 3rd. Zacks Investment Research downgraded EarthLink Holdings Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, April 19th. TheStreet raised EarthLink Holdings Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, May 3rd. Finally, Mitsubishi UFJ Financial Group downgraded EarthLink Holdings Corp. from a “neutral” rating to an “underweight” rating in a report on Friday, June 10th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. EarthLink Holdings Corp. has an average rating of “Buy” and an average target price of $8.44.

The company’s market cap is $657.93 million. The company has a 50-day moving average price of $6.60 and a 200 day moving average price of $6.09.

EarthLink Holdings Corp. (NASDAQ:ELNK) last announced its quarterly earnings results on Monday, August 8th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.01. The company had revenue of $240.40 million for the quarter, compared to the consensus estimate of $246.40 million. The company’s quarterly revenue was down 15.3% compared to the same quarter last year. During the same quarter last year, the company posted ($0.10) EPS. On average, equities analysts expect that EarthLink Holdings Corp. will post $0.09 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 4th. Investors of record on Tuesday, September 20th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, September 16th. This represents a $0.20 annualized dividend and a yield of 3.19%.

In related news, insider R Michael Thurston sold 15,234 shares of the company’s stock in a transaction on Friday, May 27th. The stock was sold at an average price of $6.51, for a total transaction of $99,173.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Other hedge funds and institutional investors have made changes to their positions in the company. Dimensional Fund Advisors LP increased its position in shares of EarthLink Holdings Corp. by 2.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,956,637 shares of the company’s stock worth $59,118,000 after buying an additional 157,951 shares during the period. Matarin Capital Management LLC acquired a new position in shares of EarthLink Holdings Corp. during the fourth quarter worth about $2,616,000. Bank of Montreal Can increased its position in shares of EarthLink Holdings Corp. by 957.3% in the fourth quarter. Bank of Montreal Can now owns 208,308 shares of the company’s stock worth $1,548,000 after buying an additional 188,606 shares during the period. Cornerstone Capital Management Holdings LLC. increased its position in shares of EarthLink Holdings Corp. by 12.1% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 528,320 shares of the company’s stock worth $3,925,000 after buying an additional 57,220 shares during the period. Finally, California State Teachers Retirement System increased its position in shares of EarthLink Holdings Corp. by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 191,054 shares of the company’s stock worth $1,420,000 after buying an additional 3,377 shares during the period.

EarthLink, Inc (EarthLink), is a network, communications and information technology (IT) services provider to business and residential customers in the United States. The Company operates in two segments: Business Services and Consumer Services. EarthLink’s Business Services segment provides a range of data, voice, managed IT and equipment services to business customers.

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