Cubist Systematic Strategies LLC raised its position in shares of Windstream Holdings, Inc. (NASDAQ:WIN) by 287.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 115,280 shares of the technology company’s stock after purchasing an additional 85,500 shares during the period. Cubist Systematic Strategies LLC owned approximately 0.06% of Windstream worth $204,000 at the end of the most recent reporting period.

Separately, Magnetar Financial LLC raised its position in Windstream by 192.6% during the third quarter. Magnetar Financial LLC now owns 177,379 shares of the technology company’s stock valued at $314,000 after purchasing an additional 116,767 shares in the last quarter. 66.27% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts have recently issued reports on WIN shares. Canaccord Genuity reaffirmed a “buy” rating and set a $3.00 price objective on shares of Windstream in a research note on Monday, December 4th. BidaskClub raised Windstream from a “hold” rating to a “buy” rating in a research note on Saturday, December 2nd. ValuEngine cut Windstream from a “sell” rating to a “strong sell” rating in a research note on Monday, October 2nd. JPMorgan Chase & Co. cut Windstream from a “neutral” rating to an “underweight” rating in a research note on Tuesday, January 2nd. Finally, Barclays started coverage on Windstream in a research note on Friday, December 15th. They set an “underweight” rating and a $1.50 price objective on the stock. Five equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Sell” and a consensus price target of $2.25.

Windstream Holdings, Inc. (NASDAQ:WIN) opened at $1.79 on Thursday. Windstream Holdings, Inc. has a 12 month low of $1.71 and a 12 month high of $8.35. The stock has a market capitalization of $331.06, a PE ratio of -0.68 and a beta of -0.12. The company has a debt-to-equity ratio of 20.24, a quick ratio of 0.70 and a current ratio of 0.77.

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About Windstream

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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