Shares of EarthLink Holdings Corp. (NASDAQ:ELNK) were up 5.8% during mid-day trading on Wednesday . The company traded as high as $6.70 and last traded at $6.62, with a volume of 458,691 shares. The stock had previously closed at $6.26.

A number of analysts have issued reports on ELNK shares. B. Riley reaffirmed a “buy” rating and issued a $10.00 price objective on shares of EarthLink Holdings Corp. in a research note on Tuesday. Jefferies Group reaffirmed a “hold” rating on shares of EarthLink Holdings Corp. in a research note on Tuesday, May 3rd. Zacks Investment Research downgraded EarthLink Holdings Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, April 19th. Finally, TheStreet raised EarthLink Holdings Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, May 3rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $8.44.

The firm’s 50-day moving average is $6.59 and its 200-day moving average is $6.10. The company’s market cap is $686.66 million.

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

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 4th. Shareholders of record on Tuesday, September 20th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, September 16th. This represents a $0.20 dividend on an annualized basis and a yield of 3.13%.

In other EarthLink Holdings Corp. news, insider R Michael Thurston sold 15,234 shares of the stock in a transaction that occurred 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 SEC, which is accessible through this link.

Other institutional investors have modified their holdings of 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 in the last quarter. 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 in the last quarter. 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 in the last quarter. 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 in the last quarter.

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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