Principal Financial Group Inc. boosted its stake in shares of Windstream Holdings Inc (NYSE:WIN) by 37.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,144 shares of the company’s stock after buying an additional 7,394 shares during the period. Principal Financial Group Inc.’s holdings in Windstream Holdings were worth $148,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in WIN. Nisa Investment Advisors LLC raised its stake in Windstream Holdings by 11.1% in the first quarter. Nisa Investment Advisors LLC now owns 27,392 shares of the company’s stock valued at $149,000 after buying an additional 2,726 shares in the last quarter. Isthmus Partners LLC raised its stake in Windstream Holdings by 2.7% in the first quarter. Isthmus Partners LLC now owns 106,730 shares of the company’s stock valued at $582,000 after buying an additional 2,837 shares in the last quarter. Paragon Capital Management Ltd purchased a new stake in Windstream Holdings during the first quarter valued at approximately $245,000. Highbridge Capital Management LLC raised its stake in Windstream Holdings by 31.3% in the fourth quarter. Highbridge Capital Management LLC now owns 27,826 shares of the company’s stock valued at $204,000 after buying an additional 6,626 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its stake in Windstream Holdings by 18.6% in the first quarter. BNP Paribas Arbitrage SA now owns 45,090 shares of the company’s stock valued at $246,000 after buying an additional 7,084 shares in the last quarter.

Shares of Windstream Holdings Inc (WIN) opened at 2.23 on Friday. The stock has a 50 day moving average of $3.99 and a 200 day moving average of $5.53. The firm’s market cap is $424.80 million. Windstream Holdings Inc has a 12 month low of $2.13 and a 12 month high of $10.45.

Windstream Holdings (NYSE:WIN) last posted its quarterly earnings results on Thursday, August 3rd. The company reported ($0.37) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.45) by $0.08. The company had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period last year, the company earned $0.01 earnings per share. The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. On average, equities research analysts expect that Windstream Holdings Inc will post ($1.93) EPS for the current fiscal year.

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Several analysts have recently issued reports on the stock. Bank of America Corporation lowered shares of Windstream Holdings from a “buy” rating to an “underperform” rating in a research report on Friday. Raymond James Financial, Inc. upgraded shares of Windstream Holdings from an “underperform” rating to an “outperform” rating and set a $5.25 target price on the stock in a research report on Wednesday, May 17th. Morgan Stanley reiterated an “equal weight” rating and issued a $5.00 target price (down previously from $9.00) on shares of Windstream Holdings in a research report on Wednesday, June 14th. Citigroup Inc. dropped their target price on shares of Windstream Holdings from $5.25 to $4.00 and set a “neutral” rating on the stock in a research report on Thursday, July 13th. Finally, Zacks Investment Research lowered shares of Windstream Holdings from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $6.43.

Windstream Holdings Company Profile

Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its ILEC Consumer and Small Business segment offers consumer services, including high-speed Internet access; Internet security services; online backup services; basic local telephone services and long-distance services, as well as call waiting, caller identification, call forwarding, and other services; and video services, as well as owns and operates cable television franchises, and sells and leases equipment to support its consumer high-speed Internet and voice services.

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Institutional Ownership by Quarter for Windstream Holdings (NYSE:WIN)

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