Windstream Holdings Inc (NYSE:WIN)‘s stock had its “neutral” rating reissued by investment analysts at Citigroup Inc. in a note issued to investors on Tuesday. They presently have a $10.00 price target on the stock. Citigroup Inc.’s target price would suggest a potential upside of 29.53% from the company’s previous close.
A number of other brokerages also recently commented on WIN. Zacks Investment Research upgraded Windstream Holdings from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research report on Tuesday, July 12th. Jefferies Group reissued a “sell” rating on shares of Windstream Holdings in a report on Sunday, July 17th. Raymond James Financial Inc. reissued an “underperform” rating on shares of Windstream Holdings in a report on Friday, August 5th. Finally, Cowen and Company began coverage on Windstream Holdings in a report on Thursday, October 13th. They issued a “market perform” rating and a $9.00 target price for the company. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $8.56.
Shares of Windstream Holdings (NYSE:WIN) opened at 7.72 on Tuesday. The stock has a 50 day moving average price of $7.74 and a 200 day moving average price of $8.66. The firm’s market cap is $742.00 million. Windstream Holdings has a one year low of $4.75 and a one year high of $10.45.
Windstream Holdings (NYSE:WIN) last announced its quarterly earnings data on Monday, November 7th. The company reported ($0.72) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.47) by $0.25. The business earned $1.34 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same period in the prior year, the company earned ($0.08) EPS. The company’s revenue for the quarter was down 10.2% on a year-over-year basis. On average, equities research analysts forecast that Windstream Holdings will post ($3.66) EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 17th. Investors of record on Friday, December 30th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, December 28th. This represents a $0.60 dividend on an annualized basis and a yield of 7.77%.
Large investors have recently added to or reduced their stakes in the stock. Creative Planning boosted its stake in Windstream Holdings by 4.0% in the third quarter. Creative Planning now owns 10,269 shares of the company’s stock worth $103,000 after buying an additional 397 shares in the last quarter. D.A. Davidson & CO. boosted its stake in Windstream Holdings by 32.5% in the third quarter. D.A. Davidson & CO. now owns 10,742 shares of the company’s stock worth $107,000 after buying an additional 2,636 shares in the last quarter. Emerald Acquisition Ltd. acquired a new stake in Windstream Holdings during the second quarter worth $105,000. Prudential Financial Inc. boosted its stake in Windstream Holdings by 6.6% in the third quarter. Prudential Financial Inc. now owns 11,430 shares of the company’s stock worth $115,000 after buying an additional 710 shares in the last quarter. Finally, Aviance Capital Management LLC acquired a new stake in Windstream Holdings during the third quarter worth $116,000.