Anthracite Investment Company Inc. Invests $357,000 in WideOpenWest, Inc. (NYSE:WOW)

Anthracite Investment Company Inc. purchased a new stake in shares of WideOpenWest, Inc. (NYSE:WOW) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 71,969 shares of the company’s stock, valued at approximately $357,000. Anthracite Investment Company Inc. owned 0.08% of WideOpenWest as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Empowered Funds LLC boosted its holdings in WideOpenWest by 5.4% in the third quarter. Empowered Funds LLC now owns 42,168 shares of the company’s stock valued at $221,000 after acquiring an additional 2,144 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of WideOpenWest by 148.3% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 73,025 shares of the company’s stock valued at $383,000 after purchasing an additional 43,616 shares in the last quarter. Intech Investment Management LLC purchased a new position in shares of WideOpenWest during the third quarter valued at about $69,000. Dynamic Technology Lab Private Ltd bought a new position in WideOpenWest in the third quarter worth about $191,000. Finally, DRW Securities LLC purchased a new stake in WideOpenWest in the third quarter worth about $1,190,000. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

WideOpenWest Stock Down 1.0 %

WOW stock opened at $5.07 on Wednesday. The company has a market capitalization of $429.34 million, a price-to-earnings ratio of -4.53 and a beta of 1.47. The company has a debt-to-equity ratio of 4.41, a quick ratio of 0.58 and a current ratio of 0.58. The business’s 50 day moving average price is $4.56 and its two-hundred day moving average price is $4.91. WideOpenWest, Inc. has a fifty-two week low of $3.22 and a fifty-two week high of $5.80.

WideOpenWest (NYSE:WOW) last released its earnings results on Friday, March 14th. The company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.03. The firm had revenue of $152.60 million for the quarter, compared to the consensus estimate of $154.05 million. WideOpenWest had a negative net margin of 14.17% and a negative return on equity of 22.83%. As a group, analysts forecast that WideOpenWest, Inc. will post -0.72 earnings per share for the current fiscal year.

WideOpenWest 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.