WideOpenWest, Inc. (NYSE:WOW) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its stake in shares of WideOpenWest, Inc. (NYSE:WOW) by 18.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,145 shares of the company’s stock after selling 4,020 shares during the quarter. Victory Capital Management Inc.’s holdings in WideOpenWest were worth $247,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of WOW. SG Americas Securities LLC acquired a new position in WideOpenWest in the fourth quarter worth approximately $110,000. BlackRock Inc. boosted its stake in shares of WideOpenWest by 5.2% during the 4th quarter. BlackRock Inc. now owns 3,427,521 shares of the company’s stock valued at $36,572,000 after buying an additional 167,924 shares during the period. Gamco Investors INC. ET AL boosted its stake in shares of WideOpenWest by 0.3% during the 4th quarter. Gamco Investors INC. ET AL now owns 716,651 shares of the company’s stock valued at $7,647,000 after buying an additional 1,998 shares during the period. ProShare Advisors LLC acquired a new stake in shares of WideOpenWest during the 4th quarter valued at $124,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of WideOpenWest by 10.0% during the 4th quarter. Bank of New York Mellon Corp now owns 252,882 shares of the company’s stock valued at $2,699,000 after buying an additional 22,927 shares during the period. Institutional investors and hedge funds own 78.23% of the company’s stock.

Shares of WOW opened at $17.55 on Friday. The stock has a fifty day moving average price of $15.16. WideOpenWest, Inc. has a one year low of $4.72 and a one year high of $18.33. The company has a market cap of $1.53 billion, a P/E ratio of 60.52 and a beta of 2.10.

WideOpenWest (NYSE:WOW) last posted its quarterly earnings data on Tuesday, May 4th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.01). WideOpenWest had a negative return on equity of 14.27% and a net margin of 2.08%. Research analysts forecast that WideOpenWest, Inc. will post 0.59 earnings per share for the current fiscal year.

Several research firms recently issued reports on WOW. Benchmark began coverage on shares of WideOpenWest in a research note on Thursday, June 3rd. They issued a “buy” rating and a $25.00 price objective for the company. Truist Securities raised shares of WideOpenWest from a “hold” rating to a “buy” rating and lifted their price objective for the company from $12.00 to $25.00 in a research note on Wednesday, May 5th. B. Riley reiterated a “buy” rating on shares of WideOpenWest in a report on Friday, May 14th. Stephens upgraded shares of WideOpenWest from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $7.00 to $22.00 in a report on Thursday, May 6th. Finally, Truist upgraded shares of WideOpenWest from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a report on Wednesday, May 5th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. WideOpenWest presently has an average rating of “Buy” and an average price target of $21.00.

WideOpenWest Company Profile

WideOpenWest, Inc provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States. Its video services include basic cable services that comprise local broadcast television and local community programming; digital cable services; WOW! tv+ that offers traditional cable video and cloud DVR functionality, voice remote with Google Assistant, and Netflix integration along with access to various streaming services and apps through the Google Play Store; and ultra-video products, as well as offers commercial-free movies, TV shows, sports, and other special event entertainment programs.

Further Reading: How accurate is the Rule of 72?

Want to see what other hedge funds are holding WOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WideOpenWest, Inc. (NYSE:WOW).

Institutional Ownership by Quarter for WideOpenWest (NYSE:WOW)

Receive News & Ratings for WideOpenWest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WideOpenWest and related companies with MarketBeat.com's FREE daily email newsletter.