Windstream Holdings, Inc. (NASDAQ:WIN)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity in a research note issued on Friday. They currently have a $3.00 target price on the technology company’s stock. Canaccord Genuity’s target price suggests a potential upside of 23.46% from the company’s current price.

WIN has been the topic of several other reports. BidaskClub raised shares of Windstream from a “sell” rating to a “hold” rating in a report on Monday, July 31st. ValuEngine raised shares of Windstream from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. Windstream has an average rating of “Hold” and a consensus price target of $3.00.

Windstream (NASDAQ:WIN) traded up $0.01 on Friday, reaching $2.43. 1,337,700 shares of the company traded hands, compared to its average volume of 3,569,531. The company has a debt-to-equity ratio of 20.24, a current ratio of 0.77 and a quick ratio of 0.70. Windstream has a one year low of $1.73 and a one year high of $8.35.

Several institutional investors have recently made changes to their positions in WIN. California Public Employees Retirement System increased its position in shares of Windstream by 43.5% in the third quarter. California Public Employees Retirement System now owns 1,682,724 shares of the technology company’s stock worth $2,978,000 after purchasing an additional 509,970 shares during the last quarter. Royce & Associates LP increased its position in shares of Windstream by 22.6% in the third quarter. Royce & Associates LP now owns 2,346,752 shares of the technology company’s stock worth $4,154,000 after purchasing an additional 433,134 shares during the last quarter. Magnetar Financial LLC increased its position in shares of Windstream by 192.6% in the third quarter. Magnetar Financial LLC now owns 177,379 shares of the technology company’s stock worth $314,000 after purchasing an additional 116,767 shares during the last quarter. Finally, Cubist Systematic Strategies LLC increased its position in shares of Windstream by 287.1% in the third quarter. Cubist Systematic Strategies LLC now owns 115,280 shares of the technology company’s stock worth $204,000 after purchasing an additional 85,500 shares during the last quarter. 65.20% of the stock is currently owned by hedge funds and other institutional investors.

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Windstream Company Profile

Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.

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