TimesSquare Capital Management LLC Takes Position in WideOpenWest, Inc. (WOW)

TimesSquare Capital Management LLC bought a new stake in WideOpenWest, Inc. (NYSE:WOW) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,866,700 shares of the company’s stock, valued at approximately $32,481,000. TimesSquare Capital Management LLC owned approximately 924.11% of WideOpenWest as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. New Jersey Better Educational Savings Trust acquired a new stake in shares of WideOpenWest in the second quarter valued at $174,000. Supplemental Annuity Collective Trust of NJ bought a new position in WideOpenWest in the second quarter valued at about $278,000. Gamco Investors INC. ET AL bought a new position in WideOpenWest in the second quarter valued at about $626,000. NGAM Advisors L.P. bought a new position in WideOpenWest in the second quarter valued at about $1,033,000. Finally, Spark Investment Management LLC bought a new position in WideOpenWest in the second quarter valued at about $1,999,000. Institutional investors own 50.30% of the company’s stock.

Several equities analysts recently issued reports on the company. UBS AG assumed coverage on WideOpenWest in a report on Monday, June 19th. They issued a “buy” rating and a $21.00 price target on the stock. Raymond James Financial, Inc. assumed coverage on WideOpenWest in a report on Monday, June 19th. They issued a “strong-buy” rating and a $21.00 price target on the stock. Macquarie assumed coverage on WideOpenWest in a report on Monday, June 19th. They issued an “outperform” rating and a $20.00 price target on the stock. Royal Bank Of Canada assumed coverage on WideOpenWest in a report on Monday, June 19th. They issued an “outperform” rating and a $20.00 price target on the stock. Finally, Evercore ISI assumed coverage on WideOpenWest in a report on Monday, June 19th. They issued an “outperform” rating and a $20.00 price target on the stock. Six research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $20.86.

WideOpenWest, Inc. (NYSE:WOW) opened at 16.05 on Monday. WideOpenWest, Inc. has a 12-month low of $15.34 and a 12-month high of $18.83. The company has a market cap of $1.43 billion and a PE ratio of 16.74. The company has a 50-day moving average price of $16.27 and a 200 day moving average price of $16.59.

WideOpenWest (NYSE:WOW) last issued its earnings results on Monday, August 14th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. The firm had revenue of $297.50 million during the quarter, compared to analyst estimates of $299.23 million. The firm’s revenue was down 3.3% on a year-over-year basis. On average, analysts forecast that WideOpenWest, Inc. will post $1.14 EPS for the current fiscal year.

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About WideOpenWest

WideOpenWest, Inc is a cable operator in the United States. The Company provides high-speed data (HSD), cable television (Video), digital telephony (Telephony) and business-class services. The Company’s products are available either as a bundle or as an individual service to residential and business services customers.

Institutional Ownership by Quarter for WideOpenWest (NYSE:WOW)

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