Windstream Holdings (WIN) Receiving Somewhat Positive Press Coverage, Report Shows

Lester Mason
October 13, 2017

Windstream Holdings, Inc. (NASDAQ:WIN) in the last month has increased +0.99%.

Deutsche Bank "Maintained" Windstream Hldgs Inc (NASDAQ:WIN) in a research note issued to investors on 8/08/17 to Hold with price target of $3. Pretium Res Inc (NYSE:PVG) has a market capitalization of $1.75 Billion and most recently 181.1 Million outstanding shares have been calculated.

Let's have a look at some of the important valuation ratios of the Windstream Holdings, Inc. Current price places the company's stock -44.08% away from its 200-day simple moving average, -26.43%, away from the 50-day average and also -8.6% away from 20-day average. Zacks Investment Research cut Windstream Holdings from a "hold" rating to a "strong sell" rating in a research report on Wednesday, August 2nd. Pretium Res Inc (NYSE:PVG)'s distance from 20 day simple moving average is0.066 along with distance from 50 day simple moving average of 8.78 whereas its distance from 200 day simple moving average is 9.38.

Shares of Pretium Res Inc (NYSE:PVG) plunged -3.3% or -0.33 to reach at $9.68 during previous trading session. The company reported ($0.37) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.45) by $0.08. The stock stands almost -61.95% off versus the 52-week high and 6.15% away from the 52-week low. The business had revenue of $1.49 billion for the quarter, compared to analysts' expectations of $1.50 billion.

The company last reported its quarterly results on Nov 02 BMO. However the company reported $-0.72 earnings per share for the same quarter during a year ago. Windstream Holdings, Inc.'s institutional ownership is 69.1%, while its institutional transactions stand at -0.13%.

Windstream Holdings announced that its board has approved a share repurchase program on Thursday, August 3rd that authorizes the company to buyback $90.00 million in shares. The short ratio in the company's stock is documented at 8.29 and the short float is around of 19.89%. A reading above 70 indicates that a stock is overvalued, and a reading below 30 implies that it is undervalued. The original version of this news story can be accessed at The stock was purchased at an average price of $2.10 per share, for a total transaction of $142,800.00. The number of shares now owned by investors are 193.56 mln. It is widely believed that a stock's future performance can best be predicted by analyzing prior trends and patterns in price. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. As of the end of the quarter Isthmus Partners, LLC had acquired a total of 1,639 shares growing its stake by 1.6%. This activity has been headed largely by Anthony Thomas, an officer of the company. The option since executed brings Armitage ownership to 60063 shares. The disclosure for this purchase can be found here.

Institutional investors have also been busy with the stock. (NASDAQ:WIN) was gathering the crowd in the stock market. American Century Companies Inc. increased its position in Windstream Holdings by 15.7% during the 2nd quarter. Windstream Hldgs Inc (NASDAQ:WIN) has a Return on Assets (ROA) of -2.7.

As of quarter end Next Financial Group, Inc had acquired a total of 784 shares growing its holdings by 7.9%. American International Group Inc. now owns 112,077 shares of the company's stock worth $611,000 after purchasing an additional 56,849 shares in the last quarter. As of quarter end Pineview Asset Management Lp had bought 791,517 shares growing its position 263.6%. The value of the investment in (WIN) went from $1,330,000 to $602,000 a change of $728,000 quarter over quarter. Over the past five trading sessions it is -10.2%; -14.81% for the month; -40.94% for the last quarter; -47.33% for the past six-months; and -57.71% for the last 12 months.

Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide.

Other reports by Iphone Fresh

Discuss This Article