Windstream Holdings Inc (WIN) Stake Decreased by Bank of New York Mellon Corp

Bank of New York Mellon Corp reduced its stake in shares of Windstream Holdings Inc (NASDAQ:WIN) by 70.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 178,493 shares of the technology company’s stock after selling 415,582 shares during the period. Bank of New York Mellon Corp’s holdings in Windstream were worth $372,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Comerica Bank purchased a new position in shares of Windstream during the 4th quarter worth about $30,000. Isthmus Partners LLC purchased a new position in shares of Windstream during the 4th quarter worth about $40,000. Acadian Asset Management LLC lifted its holdings in shares of Windstream by 431.3% during the 4th quarter. Acadian Asset Management LLC now owns 27,199 shares of the technology company’s stock worth $57,000 after acquiring an additional 22,080 shares during the period. Rhumbline Advisers lifted its holdings in shares of Windstream by 39.8% during the 4th quarter. Rhumbline Advisers now owns 66,174 shares of the technology company’s stock worth $138,000 after acquiring an additional 18,831 shares during the period. Finally, Bank of Montreal Can lifted its holdings in shares of Windstream by 19,742.8% during the 4th quarter. Bank of Montreal Can now owns 151,202 shares of the technology company’s stock worth $315,000 after acquiring an additional 150,440 shares during the period. Institutional investors and hedge funds own 57.53% of the company’s stock.

NASDAQ WIN opened at $0.24 on Tuesday. Windstream Holdings Inc has a one year low of $0.27 and a one year high of $9.18.

Several brokerages have recently weighed in on WIN. Zacks Investment Research lowered shares of Windstream from a “hold” rating to a “sell” rating in a report on Saturday, February 9th. Cowen lowered shares of Windstream from an “outperform” rating to a “market perform” rating and cut their price target for the company from $8.00 to $1.00 in a report on Tuesday, February 19th. Raymond James lowered shares of Windstream from an “outperform” rating to a “market perform” rating in a report on Tuesday, February 19th. Finally, Wells Fargo & Co lowered shares of Windstream from a “market perform” rating to an “underperform” rating and set a $0.48 price target on the stock. in a report on Tuesday, February 26th. Three investment analysts have rated the stock with a sell rating and six have given a hold rating to the stock. The company has an average rating of “Hold” and an average price target of $3.93.

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Windstream Profile

Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its Consumer & Small Business segment offers services, including traditional local and long-distance voice services, and high-speed Internet services; and value-added services, such as security and online back-up.

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Institutional Ownership by Quarter for Windstream (NASDAQ:WIN)

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