Private Management Group Inc. Sells 5,268 Shares of WideOpenWest, Inc. (NYSE:WOW)

Private Management Group Inc. cut its holdings in WideOpenWest, Inc. (NYSE:WOW) by 1.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 383,983 shares of the company’s stock after selling 5,268 shares during the period. Private Management Group Inc.’s holdings in WideOpenWest were worth $1,905,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. LB Partners LLC boosted its holdings in WideOpenWest by 6.3% in the 4th quarter. LB Partners LLC now owns 7,069,844 shares of the company’s stock valued at $35,066,000 after purchasing an additional 421,041 shares during the period. Geode Capital Management LLC boosted its holdings in WideOpenWest by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,113,504 shares of the company’s stock valued at $5,847,000 after purchasing an additional 17,185 shares during the period. State Street Corp boosted its holdings in WideOpenWest by 0.3% in the 3rd quarter. State Street Corp now owns 1,048,205 shares of the company’s stock valued at $5,503,000 after purchasing an additional 2,838 shares during the period. Luxor Capital Group LP boosted its holdings in WideOpenWest by 43.0% in the 3rd quarter. Luxor Capital Group LP now owns 617,235 shares of the company’s stock valued at $3,240,000 after purchasing an additional 185,565 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in WideOpenWest by 271.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 501,154 shares of the company’s stock valued at $2,631,000 after purchasing an additional 366,284 shares during the period. 87.77% of the stock is owned by institutional investors.

WideOpenWest Stock Up 0.1 %

Shares of NYSE:WOW opened at $4.35 on Friday. The firm has a fifty day moving average price of $4.68 and a two-hundred day moving average price of $5.08. The company has a debt-to-equity ratio of 4.41, a current ratio of 0.58 and a quick ratio of 0.58. WideOpenWest, Inc. has a one year low of $2.31 and a one year high of $5.80. The company has a market cap of $368.35 million, a price-to-earnings ratio of -3.88 and a beta of 1.46.

WideOpenWest (NYSE:WOW) last announced its quarterly earnings results on Monday, November 4th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.17). The firm had revenue of $158.00 million during the quarter, compared to the consensus estimate of $157.46 million. WideOpenWest had a negative net margin of 14.17% and a negative return on equity of 22.83%. The firm’s revenue for the quarter was down 8.7% on a year-over-year basis. During the same period in the previous year, the business earned ($1.29) earnings per share. Analysts anticipate that WideOpenWest, Inc. will post -0.72 EPS for the current fiscal year.

About WideOpenWest

WideOpenWest, Inc provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States. The company's 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 commercial-free movies, TV shows, sports, and other special event entertainment programs.