Citadel Advisors LLC acquired a new position in WideOpenWest, Inc. (NYSE:WOW) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 712,801 shares of the company’s stock, valued at approximately $12,403,000. Citadel Advisors LLC owned approximately 352.87% of WideOpenWest as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. New Jersey Better Educational Savings Trust acquired a new position in WideOpenWest in the 2nd quarter valued at about $174,000. Wells Fargo & Company MN acquired a new position in WideOpenWest in the 2nd quarter valued at about $274,000. Supplemental Annuity Collective Trust of NJ acquired a new position in WideOpenWest in the 2nd quarter valued at about $278,000. Gamco Investors INC. ET AL acquired a new position in WideOpenWest in the 2nd quarter valued at about $626,000. Finally, Parametric Portfolio Associates LLC acquired a new position in WideOpenWest in the 2nd quarter valued at about $956,000. Institutional investors and hedge funds own 50.30% of the company’s stock.

Several research analysts recently weighed in on the stock. Royal Bank Of Canada reissued a “buy” rating and issued a $20.00 target price on shares of WideOpenWest in a research note on Monday, September 18th. Raymond James Financial, Inc. assumed coverage on shares of WideOpenWest in a research note on Monday, June 19th. They issued a “strong-buy” rating and a $21.00 target price for the company. Macquarie assumed coverage on shares of WideOpenWest in a research note on Monday, June 19th. They issued an “outperform” rating and a $20.00 target price for the company. SunTrust Banks, Inc. assumed coverage on shares of WideOpenWest in a research note on Monday, June 19th. They issued a “buy” rating and a $24.00 target price for the company. Finally, Credit Suisse Group assumed coverage on shares of WideOpenWest in a research note on Monday, June 19th. They issued an “outperform” rating and a $20.00 target price for the company. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. WideOpenWest has a consensus rating of “Buy” and an average price target of $20.86.

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WideOpenWest, Inc. (NYSE WOW) traded up 0.92% on Monday, hitting $15.29. 3,043 shares of the stock were exchanged. WideOpenWest, Inc. has a 52 week low of $14.54 and a 52 week high of $18.83. The company’s 50-day moving average is $16.14 and its 200-day moving average is $16.54. The company has a market cap of $1.36 billion and a PE ratio of 15.94.

WideOpenWest (NYSE:WOW) last released its quarterly earnings results on Monday, August 14th. The company reported $0.15 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.03. The company had revenue of $297.50 million during the quarter, compared to analyst estimates of $299.23 million. The company’s revenue for the quarter was down 3.3% on a year-over-year basis. On average, analysts predict that WideOpenWest, Inc. will post $1.17 earnings per share for the current year.

WideOpenWest Profile

WideOpenWest, Inc is a cable operator in the United States. The Company provides high-speed data (HSD), cable television (Video), digital telephony (Telephony) and business-class services. The Company’s products are available either as a bundle or as an individual service to residential and business services customers.

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Institutional Ownership by Quarter for WideOpenWest (NYSE:WOW)

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