Godshalk Welsh Capital Management Inc. Sells 48,800 Shares of WideOpenWest, Inc. (NYSE:WOW)

Godshalk Welsh Capital Management Inc. trimmed its position in shares of WideOpenWest, Inc. (NYSE:WOW) by 35.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 87,598 shares of the company’s stock after selling 48,800 shares during the period. Godshalk Welsh Capital Management Inc. owned about 0.10% of WideOpenWest worth $434,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Corsair Capital Management L.P. bought a new position in shares of WideOpenWest during the third quarter valued at approximately $63,000. Intech Investment Management LLC purchased a new position in WideOpenWest during the 3rd quarter valued at $69,000. R Squared Ltd bought a new position in WideOpenWest in the 4th quarter valued at $98,000. SG Americas Securities LLC increased its stake in WideOpenWest by 17.5% in the fourth quarter. SG Americas Securities LLC now owns 35,205 shares of the company’s stock worth $175,000 after purchasing an additional 5,236 shares during the period. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of WideOpenWest during the third quarter valued at $191,000. 87.77% of the stock is owned by hedge funds and other institutional investors.

WideOpenWest Trading Down 0.5 %

WOW stock opened at $5.03 on Thursday. WideOpenWest, Inc. has a 12 month low of $3.33 and a 12 month high of $5.80. The firm’s 50-day moving average is $4.57 and its 200 day moving average is $4.91. The company has a market capitalization of $425.53 million, a PE ratio of -4.49 and a beta of 1.47. The company has a debt-to-equity ratio of 4.41, a current ratio of 0.58 and a quick ratio of 0.58.

WideOpenWest (NYSE:WOW) last posted its quarterly earnings results on Friday, March 14th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.03. The firm had revenue of $152.60 million during the quarter, compared to the consensus estimate 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 anticipate that WideOpenWest, Inc. will post -0.72 EPS 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.