Godshalk Welsh Capital Management Inc. Sells 48,800 Shares of WideOpenWest, Inc. (NYSE:WOW)

Godshalk Welsh Capital Management Inc. cut its position in WideOpenWest, Inc. (NYSE:WOW) by 35.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 87,598 shares of the company’s stock after selling 48,800 shares during the quarter. Godshalk Welsh Capital Management Inc.’s holdings in WideOpenWest were worth $434,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. LB Partners LLC lifted its position in WideOpenWest by 6.3% during the fourth quarter. LB Partners LLC now owns 7,069,844 shares of the company’s stock valued at $35,066,000 after acquiring an additional 421,041 shares during the last quarter. Vanguard Group Inc. increased its position in shares of WideOpenWest by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 3,256,872 shares of the company’s stock worth $16,154,000 after purchasing an additional 60,912 shares in the last quarter. Geode Capital Management LLC increased its position in shares of WideOpenWest by 1.6% during the third quarter. Geode Capital Management LLC now owns 1,113,504 shares of the company’s stock worth $5,847,000 after purchasing an additional 17,185 shares in the last quarter. State Street Corp lifted its holdings in shares of WideOpenWest by 0.3% during 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 last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of WideOpenWest by 40.9% in the 4th quarter. JPMorgan Chase & Co. now owns 706,080 shares of the company’s stock worth $3,502,000 after purchasing an additional 204,926 shares in the last quarter. 87.77% of the stock is currently owned by institutional investors.

WideOpenWest Trading Down 0.5 %

Shares of NYSE:WOW opened at $5.03 on Thursday. The business’s 50-day moving average is $4.57 and its 200 day moving average is $4.91. 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 1 year low of $3.33 and a 1 year high of $5.80. The firm has a market capitalization of $425.53 million, a P/E ratio of -4.49 and a beta of 1.47.

WideOpenWest (NYSE:WOW) last announced its quarterly earnings data on Friday, March 14th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.16) by $0.03. The firm had revenue of $152.60 million during the quarter, compared to analyst estimates of $154.05 million. WideOpenWest had a negative net margin of 14.17% and a negative return on equity of 22.83%. On average, research analysts predict that WideOpenWest, Inc. will post -0.72 earnings per share for the current fiscal year.

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. 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.