JPMorgan Chase & Co. began coverage on shares of Windstream Holdings Inc (NYSE:WIN) in a report released on Wednesday. The firm issued a neutral rating and a $7.00 target price on the stock.

A number of other research analysts have also recently weighed in on the stock. Zacks Investment Research cut shares of Windstream Holdings from a strong-buy rating to a hold rating in a research note on Monday, March 6th. Deutsche Bank AG dropped their price objective on shares of Windstream Holdings from $8.50 to $7.00 and set a hold rating for the company in a research note on Tuesday, March 14th. Finally, Jefferies Group LLC raised shares of Windstream Holdings from an underperform rating to a hold rating and set a $7.50 price objective for the company in a research note on Thursday, March 2nd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The company has an average rating of Hold and an average price target of $7.67.

Analyst Recommendations for Windstream Holdings (NYSE:WIN)

Windstream Holdings (NYSE:WIN) opened at 6.37 on Wednesday. The company has a 50-day moving average price of $7.17 and a 200-day moving average price of $7.93. Windstream Holdings has a 12-month low of $5.86 and a 12-month high of $10.45. The firm’s market capitalization is $619.72 million.

Windstream Holdings (NYSE:WIN) last issued its earnings results on Wednesday, March 1st. The company reported ($0.94) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.63) by $0.31. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the previous year, the business posted $1.41 earnings per share. The company’s quarterly revenue was down 8.3% compared to the same quarter last year. On average, analysts predict that Windstream Holdings will post ($1.00) earnings per share for the current year.

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The company also recently announced a quarterly dividend, which was paid on Friday, February 24th. Shareholders of record on Friday, February 24th were paid a $0.095 dividend. The ex-dividend date was Tuesday, February 28th. This represents a $0.38 annualized dividend and a yield of 5.97%.

Hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in Windstream Holdings by 40.9% in the third quarter. JPMorgan Chase & Co. now owns 3,361,411 shares of the company’s stock valued at $33,782,000 after buying an additional 975,870 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Windstream Holdings by 23.4% in the fourth quarter. Renaissance Technologies LLC now owns 4,577,600 shares of the company’s stock valued at $33,554,000 after buying an additional 868,400 shares during the last quarter. Two Sigma Investments LP boosted its stake in Windstream Holdings by 2,297.8% in the fourth quarter. Two Sigma Investments LP now owns 834,741 shares of the company’s stock valued at $6,119,000 after buying an additional 799,928 shares during the last quarter. Norges Bank purchased a new stake in Windstream Holdings during the fourth quarter valued at approximately $2,596,000. Finally, State Street Corp boosted its stake in Windstream Holdings by 12.5% in the fourth quarter. State Street Corp now owns 2,174,588 shares of the company’s stock valued at $15,936,000 after buying an additional 241,378 shares during the last quarter.

5 Day Chart for NYSE:WIN

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