Big Money Are Selling Centurylink Inc (NYSE:CTL), Sentiment at 0.98

June 27, 2018 - By Cynthia Ashman

CenturyLink, Inc. (NYSE:CTL) Corporate Logo

Positions for Centurylink Inc (NYSE:CTL)

In Q1 2018 Centurylink Inc (NYSE:CTL) big money sentiment decreased to 0.98, according to Securities and Exchange Commission filings. So its down -1.01, from 2017Q4’s 1.99. 252 investment professionals increased and opened new stock positions, while 256 reduced and sold positions in Centurylink Inc so the sentiment worsened. Funds own 821.46 million shares, down from 888.76 million shares in 2017Q4. Funds holding Centurylink Inc in top 10 increased from 15 to 22 for an increase of 7. 63 Investors Sold All; 193 Reduced Holdings; 178 increased stakes while 74 investment professionals bought stakes.

Most Centurylink Inc Shareholders

As of Q1 2018 Southeastern Asset Management Inc Tn has 14.39% invested in Centurylink Inc. Centurylink Inc’s shareholder West Family Investments Inc. owns 2.55 million shares as of Q1 2018. Temasek Holdings (Private) Ltd reported 105.86 million shares. The Missouri-based fund Acr Alpine Capital Research Llc have invested about 5.46% of the institutional investor’s stock portfolio in Centurylink Inc. The Vermont-based fund Rock Point Advisors Llc holds 547,761 shares or 4.44% of their US equity exposure.

CenturyLink, Inc. provides various communications services to residential, business, wholesale, and governmental clients in the United States.The firm is valued at $20.37 billion. It operates through two divisions, Business and Consumer.The P/E ratio is 10.69. The firm offers broadband services, which allow clients to connect to the Internet through their existing telephone lines or fiber-optic cables; multi-protocol label switching, a data networking technology to support real-time voice and video; and private line services for the transmission of data between sites.

The stock increased 0.72% or $0.135 during the last trading session, hitting $18.885.Currently CenturyLink, Inc. is downtrending after 27.08% change in last June 27, 2017. CTL has 1.43 million shares volume. CTL underperformed by 39.65% the S&P500.

On August, 1. Investors expect CenturyLink, Inc. (NYSE:CTL) to report its quarterly earnings, according to Faxor. This year’s earnings per share analyst estimate is anticipated to be $0.23. That is 50.00 % down compareed to $0.46 earnings per share for last year. CTL’s profit could hit $248.13 million if the current earnings per share of $0.23 is accurate. -8.00 % negative EPS growth is what Wall Street’s forecasts after $0.25 reported EPS last quarter.

237,770 are held by Proshare Advsrs Limited Liability Corp. Lenox Wealth Mngmt Inc owns 41 shs. Gateway Advisers Ltd Liability Corporation invested in 0.01% or 98,435 shs. Keybank National Association Oh has 12,949 shs for 0% of their capital. Delta Asset Mngmt Llc Tn has 0% invested in CenturyLink, Inc. (NYSE:CTL) for 520 shs. Morgan Stanley holds 18.95M shs. North Star Asset accumulated 0.02% or 11,377 shs. Tocqueville Asset Ltd Partnership owns 210,834 shs or 0.04% of their US capital. Thompson Davis & has invested 0.02% of its capital in CenturyLink, Inc. (NYSE:CTL). Bnp Paribas Asset Management Hldgs holds 0.04% or 311,706 shs. Arete Wealth Advsrs Limited Liability reported 23,974 shs. Bartlett And Ltd Co holds 67 shs or 0% of its capital. Texas Permanent School Fund, a Texas-based fund reported 251,348 shs. Atria Invests Ltd accumulated 175,301 shs. Moreover, Assetmark Inc has 0.12% invested in CenturyLink, Inc. (NYSE:CTL).

CenturyLink, Inc. had 0 sales and 3 buys since April 3, 2018. This’s net activity of $215.87 million. Temasek Holdings (Private) Ltd bought $127.37 million worth of stock or 7.62 million shs.

CenturyLink, Inc. (NYSE:CTL) Ratings Coverage

In total 7 analysts cover CenturyLink (NYSE:CTL). “Buy” rating has 3, “Sell” are 1, while 3 are “Hold”. 43% are bullish. With $27.0 highest and $17 lowest PT CenturyLink has $20.13 average PT or 6.59% above the current ($18.885) price. 8 are the (NYSE:CTL)’s analyst reports since January 8, 2018 according to StockzIntelligence Inc. On Wednesday, May 16 the rating was maintained by Bank of America with “Buy”. On Tuesday, June 26 the rating was upgraded by Jefferies to “Buy”. On Wednesday, May 16 the rating was downgraded by Macquarie Research to “Sell”. On Thursday, January 25 the rating was upgraded by RBC Capital Markets to “Outperform”. On Wednesday, February 21 Bank of America maintained the shares of CTL in report with “Buy” rating. On Thursday, February 15 the firm has “Hold” rating given by Cowen & Co. The company rating was upgraded by Goldman Sachs on Monday, January 8.

For more CenturyLink, Inc. (NYSE:CTL) news brought out briefly go to: Seekingalpha.com, Benzinga.com, Fool.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “For CenturyLink It Feels Like 2013 All Over Again” brought out on June 19, 2018, “CenturyLink Is Diversifying Away From Rural Telecom, Jefferies Says In Upgrade” on June 26, 2018, “Better Buy: CenturyLink Inc. vs. Frontier Communications” with a publish date: June 18, 2018, “This Stock Yielding 11.6% May Have Earned A Position In My Dividend Portfolio” and the last “CenturyLink’s Vyvx supplying feeds for World Cup” with publication date: June 04, 2018.

CenturyLink, Inc. (NYSE:CTL) Institutional Investors Chart

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