Shares of Windstream Holdings Inc (NASDAQ:WIN) fell 5.3% during trading on Thursday . The stock traded as low as $4.10 and last traded at $4.13. 766,288 shares changed hands during trading, a decline of 2% from the average session volume of 783,685 shares. The stock had previously closed at $4.36.

Several research firms have recently issued reports on WIN. ValuEngine lowered shares of Windstream from a “sell” rating to a “strong sell” rating in a report on Monday, July 2nd. Citigroup lowered shares of Windstream from a “neutral” rating to a “sell” rating and set a $2.25 target price for the company. in a report on Wednesday, July 18th. Zacks Investment Research lowered shares of Windstream from a “buy” rating to a “hold” rating in a report on Monday, July 23rd. Bank of America lowered their target price on shares of Windstream from $7.50 to $4.50 and set an “underperform” rating for the company in a report on Monday, August 13th. Finally, Cowen restated a “buy” rating and issued a $8.00 target price on shares of Windstream in a report on Friday, August 10th. Seven equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $4.98.

The firm has a market cap of $210.40 million, a price-to-earnings ratio of -0.51 and a beta of -0.06. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of -7.40.

Windstream (NASDAQ:WIN) last announced its quarterly earnings data on Thursday, August 9th. The technology company reported ($2.30) earnings per share for the quarter, beating analysts’ consensus estimates of ($2.66) by $0.36. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the previous year, the business earned ($1.85) EPS. The company’s quarterly revenue was down 3.2% compared to the same quarter last year. On average, equities analysts expect that Windstream Holdings Inc will post -9.17 earnings per share for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in WIN. Swiss National Bank lifted its holdings in Windstream by 12.2% during the 1st quarter. Swiss National Bank now owns 347,704 shares of the technology company’s stock valued at $490,000 after buying an additional 37,800 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in shares of Windstream by 19.2% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 2,029,154 shares of the technology company’s stock valued at $2,862,000 after purchasing an additional 326,356 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Windstream by 1,151.7% in the 1st quarter. JPMorgan Chase & Co. now owns 6,228,135 shares of the technology company’s stock valued at $8,781,000 after purchasing an additional 5,730,564 shares in the last quarter. GSA Capital Partners LLP raised its holdings in shares of Windstream by 981.2% in the 1st quarter. GSA Capital Partners LLP now owns 197,370 shares of the technology company’s stock valued at $278,000 after purchasing an additional 179,116 shares in the last quarter. Finally, Allianz Asset Management GmbH raised its holdings in shares of Windstream by 133.2% in the 1st quarter. Allianz Asset Management GmbH now owns 197,598 shares of the technology company’s stock valued at $279,000 after purchasing an additional 112,870 shares in the last quarter. Institutional investors own 60.37% of the company’s stock.

Windstream Company Profile (NASDAQ:WIN)

Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its Consumer & Small Business segment offers services, including traditional local and long-distance voice services, and high-speed Internet services; and value-added services, such as security and online back-up.

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