BidaskClub upgraded shares of Windstream (NASDAQ:WIN) from a hold rating to a buy rating in a report published on Saturday morning.
Several other equities research analysts also recently weighed in on the stock. Canaccord Genuity reaffirmed a buy rating and issued a $3.00 price target on shares of Windstream in a research note on Friday, November 24th. ValuEngine downgraded shares of Windstream from a sell rating to a strong sell rating in a research note on Monday, October 2nd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. Windstream currently has a consensus rating of Hold and an average price target of $3.00.
Shares of Windstream (NASDAQ WIN) opened at $2.26 on Friday. Windstream has a 52 week low of $1.73 and a 52 week high of $8.35. The company has a quick ratio of 0.70, a current ratio of 0.77 and a debt-to-equity ratio of 20.24.
Several large investors have recently bought and sold shares of WIN. Cubist Systematic Strategies LLC increased its position in shares of Windstream by 287.1% during the third quarter. Cubist Systematic Strategies LLC now owns 115,280 shares of the technology company’s stock worth $204,000 after acquiring an additional 85,500 shares in the last quarter. Magnetar Financial LLC increased its position in shares of Windstream by 192.6% during the third quarter. Magnetar Financial LLC now owns 177,379 shares of the technology company’s stock worth $314,000 after acquiring an additional 116,767 shares in the last quarter. California Public Employees Retirement System increased its position in shares of Windstream by 43.5% during 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 acquiring an additional 509,970 shares in the last quarter. Finally, Royce & Associates LP increased its position in shares of Windstream by 22.6% during the third quarter. Royce & Associates LP now owns 2,346,752 shares of the technology company’s stock worth $4,154,000 after acquiring an additional 433,134 shares in the last quarter. 66.30% of the stock is owned by institutional investors.
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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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