Windstream Holdings, Inc. (NASDAQ:WIN) – Stock analysts at Jefferies Group issued their FY2019 EPS estimates for shares of Windstream Holdings in a research report issued to clients and investors on Friday. Jefferies Group analyst S. Goldman expects that the technology company will post earnings of ($1.30) per share for the year.

WIN has been the topic of a number of other research reports. ValuEngine downgraded Windstream Holdings from a “sell” rating to a “strong sell” rating in a research note on Monday, October 2nd. BidaskClub raised shares of Windstream Holdings from a “sell” rating to a “hold” rating in a report on Monday, July 31st.

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Shares of Windstream Holdings (WIN) traded up $0.08 during midday trading on Monday, hitting $2.12. The stock had a trading volume of 5,062,600 shares, compared to its average volume of 3,586,771. Windstream Holdings has a 12-month low of $1.73 and a 12-month high of $8.35. The company has a current ratio of 0.77, a quick ratio of 0.70 and a debt-to-equity ratio of 20.24.

Institutional investors have recently added to or reduced their stakes in the company. California Public Employees Retirement System increased its holdings in shares of Windstream Holdings by 43.5% in the third quarter. California Public Employees Retirement System now owns 1,682,724 shares of the technology company’s stock worth $2,978,000 after purchasing an additional 509,970 shares during the period. Cubist Systematic Strategies LLC increased its holdings in shares of Windstream Holdings by 287.1% in the third quarter. Cubist Systematic Strategies LLC now owns 115,280 shares of the technology company’s stock worth $204,000 after purchasing an additional 85,500 shares during the period. Magnetar Financial LLC increased its holdings in shares of Windstream Holdings by 192.6% in the third quarter. Magnetar Financial LLC now owns 177,379 shares of the technology company’s stock worth $314,000 after purchasing an additional 116,767 shares during the period. Finally, Royce & Associates LP increased its holdings in shares of Windstream Holdings by 22.6% in the third quarter. Royce & Associates LP now owns 2,346,752 shares of the technology company’s stock worth $4,154,000 after purchasing an additional 433,134 shares during the period. 62.89% of the stock is currently owned by hedge funds and other institutional investors.

Windstream Holdings declared that its board has approved a share buyback plan on Thursday, August 3rd that permits the company to repurchase $90.00 million in outstanding shares. This repurchase authorization permits the technology company to reacquire up to 19.9% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Windstream Holdings Company Profile

Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.

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