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

Anthracite Investment Company Inc. acquired a new stake in WideOpenWest, Inc. (NYSE:WOW) during the 4th quarter, Holdings Channel reports. The firm acquired 71,969 shares of the company’s stock, valued at approximately $357,000.

A number of other institutional investors have also added to or reduced their stakes in WOW. Corsair Capital Management L.P. purchased a new stake in shares of WideOpenWest in the third quarter worth about $63,000. Intech Investment Management LLC bought a new stake in WideOpenWest in the third quarter worth about $69,000. R Squared Ltd purchased a new position in WideOpenWest during the 4th quarter valued at $98,000. SG Americas Securities LLC grew its position in WideOpenWest by 17.5% in the 4th quarter. SG Americas Securities LLC now owns 35,205 shares of the company’s stock valued at $175,000 after acquiring an additional 5,236 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in WideOpenWest in the third quarter worth $191,000. 87.77% of the stock is owned by hedge funds and other institutional investors.

WideOpenWest Price Performance

WideOpenWest stock opened at $5.07 on Wednesday. The company has a debt-to-equity ratio of 4.41, a current ratio of 0.58 and a quick ratio of 0.58. The stock has a market cap of $429.34 million, a price-to-earnings ratio of -4.53 and a beta of 1.47. The firm has a 50-day moving average of $4.56 and a two-hundred day moving average of $4.91. WideOpenWest, Inc. has a 1 year low of $3.22 and a 1 year high of $5.80.

WideOpenWest (NYSE:WOW) last released its quarterly earnings data 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 company 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 forecast that WideOpenWest, Inc. will post -0.72 earnings per share for the current 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.