LGT Capital Partners LTD. Boosts Stock Holdings in WideOpenWest, Inc. (NYSE:WOW)

LGT Capital Partners LTD. grew its position in shares of WideOpenWest, Inc. (NYSE:WOW) by 70.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 910,000 shares of the company’s stock after acquiring an additional 375,000 shares during the period. LGT Capital Partners LTD.’s holdings in WideOpenWest were worth $3,686,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of WOW. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in WideOpenWest in the second quarter valued at approximately $29,000. Point72 Middle East FZE acquired a new stake in WideOpenWest in the 4th quarter valued at $30,000. Tower Research Capital LLC TRC boosted its position in shares of WideOpenWest by 150.0% in the second quarter. Tower Research Capital LLC TRC now owns 3,650 shares of the company’s stock worth $31,000 after buying an additional 2,190 shares during the period. PNC Financial Services Group Inc. acquired a new stake in shares of WideOpenWest in the second quarter valued at about $40,000. Finally, Royal Bank of Canada lifted its position in WideOpenWest by 78.6% during the 2nd quarter. Royal Bank of Canada now owns 5,365 shares of the company’s stock worth $45,000 after acquiring an additional 2,361 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Benchmark reissued a “buy” rating and set a $8.00 target price on shares of WideOpenWest in a research report on Thursday, March 14th.

WideOpenWest Price Performance

WOW stock opened at $3.63 on Friday. The company has a debt-to-equity ratio of 3.55, a quick ratio of 0.65 and a current ratio of 0.65. The stock’s 50 day moving average is $3.57 and its two-hundred day moving average is $4.80. WideOpenWest, Inc. has a 52-week low of $2.31 and a 52-week high of $11.75.

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.