Windstream Holdings Inc (NYSE:WIN) – Jefferies Group dropped their FY2016 earnings per share (EPS) estimates for Windstream Holdings in a note issued to investors on Tuesday. Jefferies Group analyst S. Goldman now forecasts that the firm will post earnings per share of ($3.71) for the year, down from their previous forecast of ($3.46). Jefferies Group has a “Sell” rating on the stock. Jefferies Group also issued estimates for Windstream Holdings’ Q4 2016 earnings at ($0.50) EPS and FY2017 earnings at ($1.53) EPS.

A number of other brokerages have also weighed in on WIN. Citigroup Inc. restated a “neutral” rating and issued a $10.00 price objective on shares of Windstream Holdings in a report on Tuesday, November 8th. Wells Fargo & Co. restated a “market perform” rating on shares of Windstream Holdings in a report on Tuesday, November 8th. Cowen and Company upgraded shares of Windstream Holdings from a “market perform” rating to an “outperform” rating and set a $9.00 price objective on the stock in a report on Tuesday, November 8th. Zacks Investment Research lowered shares of Windstream Holdings from a “buy” rating to a “hold” rating in a report on Friday, October 21st. Finally, Raymond James Financial Inc. restated an “underperform” rating on shares of Windstream Holdings in a report on Friday, August 5th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. Windstream Holdings presently has an average rating of “Hold” and an average target price of $8.56.

Earnings History and Estimates for Windstream Holdings (NYSE:WIN)

Shares of Windstream Holdings (NYSE:WIN) opened at 6.94 on Friday. Windstream Holdings has a 12-month low of $4.75 and a 12-month high of $10.46. The stock’s market capitalization is $668.07 million. The firm has a 50-day moving average of $8.46 and a 200 day moving average of $8.76.

Windstream Holdings (NYSE:WIN) last posted its quarterly earnings results on Monday, November 7th. The company reported ($0.72) EPS for the quarter, missing the consensus estimate of ($0.47) by $0.25. The business had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter last year, the firm posted ($0.08) earnings per share. The business’s revenue was down 10.2% compared to the same quarter last year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 17th. Investors of record on Friday, December 30th will be paid a dividend of $0.15 per share. The ex-dividend date is Wednesday, December 28th. This represents a $0.60 annualized dividend and a yield of 8.65%.

Large investors have recently made changes to their positions in the company. BlackRock Fund Advisors raised its stake in shares of Windstream Holdings by 28.8% in the second quarter. BlackRock Fund Advisors now owns 5,529,408 shares of the company’s stock valued at $51,258,000 after buying an additional 1,237,004 shares in the last quarter. FMR LLC bought a new stake in shares of Windstream Holdings during the second quarter valued at approximately $11,139,000. JPMorgan Chase & Co. raised its stake in shares of 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 in the last quarter. UBS Oconnor LLC bought a new stake in shares of Windstream Holdings during the second quarter valued at approximately $6,121,000. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Windstream Holdings by 100.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 1,090,914 shares of the company’s stock valued at $10,113,000 after buying an additional 546,522 shares in the last quarter.

5 Day Chart for NYSE:WIN

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