Windstream Holdings Inc (NYSE:WIN) is set to issue its quarterly earnings data before the market opens on Thursday, November 9th. The shares were bought at an average cost of $1.97 per share, with a total value of $50,000.57. Following the transaction, the director now owns 637,006 shares of the company's stock, valued at $1,254,901.82. Analysts expect the company to announce earnings of ($0.40) per share for the quarter. Currently, the stock has a 1 Year Price Target of $2.71. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. 2,689,658 shares of the stock were exchanged. Finally, Morgan Stanley restated an "equal weight" rating and set a $2.40 target price (down from $5.00) on shares of Windstream Holdings in a research report on Wednesday, August 23rd. Deutsche Bank AG cut their price target on Windstream Holdings from $7.00 to $3.00 and set a "hold" rating for the company in a research note on Tuesday, August 8th.
Windstream Holdings (NYSE WIN) remained flat at $$1.92 on Monday. The company has an average rating of "Hold" and an average target price of $6.92.
In terms of Buy, Sell or Hold recommendations, Windstream Hldgs Inc (NASDAQ:WIN) has analysts' mean recommendation of 3.1.
ILLEGAL ACTIVITY NOTICE: "Windstream Holdings (WIN) Earns Daily Coverage Optimism Rating of 0.13" was originally reported by Week Herald and is owned by of Week Herald. United Capital Financial Advisers LLC increased its stake in shares of Windstream Holdings by 0.5% during the first quarter. If you are accessing this article on another publication, it was illegally stolen and republished in violation of USA & global trademark & copyright law. The original version of this article can be viewed at https://www.truebluetribune.com/2017/11/09/windstream-holdings-inc-win-shares-sold-by-tiaa-cref-investment-management-llc.html. This buyback authorization allows the company to reacquire up to 19.9% of its shares through open market purchases.
Windstream Holdings declared that its Board of Directors has authorized a stock buyback plan on Thursday, August 3rd that allows the company to repurchase $90.00 million in shares. BNP Paribas Arbitrage SA grew its position in Windstream Holdings by 2.8% during the second quarter. State Street Corp now owns 4,526,499 shares of the company's stock valued at $17,565,000 after acquiring an additional 422,934 shares in the last quarter. Legal & General Group Plc now owns 353,176 shares of the company's stock worth $1,372,000 after buying an additional 8,017 shares during the period. Finally, Legal & General Group Plc boosted its position in shares of Windstream Holdings by 9.9% in the first quarter. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.
Many analysts have provided their estimated foresights on Windstream Holdings, Inc.
Insider Trades for Windstream Holdings, Inc. show that the latest trade was made on 16 Aug 2017 where Thomas (Anthony W), the Chief Executive Officer completed a transaction type "Buy" in which 25381 shares were traded at a price of $1.97. Its ILEC Consumer and Small Business segment offers consumer services, including high-speed Internet access; Internet security services; online backup services; basic local telephone services and long-distance services, as well as call waiting, caller identification, call forwarding, and other services; and video services, as well as owns and operates cable television franchises, and sells and leases equipment to support its consumer high-speed Internet and voice services.