Categorised in: Business
January 13, 2018 – By Marguerite Chambers
Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.13, from 1.08 in 2017Q2. It worsened, as 65 investors sold CenturyLink, Inc. shares while 190 reduced holdings. 64 funds opened positions while 179 raised stakes. 436.00 million shares or 1.89% less from 444.41 million shares in 2017Q2 were reported.
Soros Fund Management Limited Liability Corporation invested 0.24% in CenturyLink, Inc. (NYSE:CTL). Janney Montgomery Scott Ltd Liability Corporation invested in 0.03% or 121,250 shares. Kwmg Limited Co stated it has 69,755 shares. Bank & Trust Of Montreal Can holds 1.29M shares. The Massachusetts-based Baystate Wealth Mngmt Lc has invested 0% in CenturyLink, Inc. (NYSE:CTL). Commerzbank Aktiengesellschaft Fi has invested 0.07% in CenturyLink, Inc. (NYSE:CTL). Tdam Usa Inc invested in 19,070 shares or 0.02% of the stock. Robeco Institutional Asset Bv accumulated 0.04% or 342,899 shares. Nippon Life Glob Invsts Americas invested in 0.74% or 458,970 shares. 3,584 are owned by Ledyard National Bank & Trust. 1,373 were reported by Reilly Fin Limited Co. Tarbox Family Office Inc holds 0% or 164 shares. Manufacturers Life Ins The stated it has 2.63 million shares or 0.06% of all its holdings. State Board Of Administration Of Florida Retirement Sys reported 847,952 shares or 0.04% of all its holdings. Point72 Asia (Hong Kong) Limited stated it has 0.14% in CenturyLink, Inc. (NYSE:CTL).
Analysts expect CenturyLink, Inc. (NYSE:CTL) to report $0.22 EPS on February, 14.They anticipate $0.32 EPS change or 59.26 % from last quarter’s $0.54 EPS. CTL’s profit would be $235.18 million giving it 19.73 P/E if the $0.22 EPS is correct. After having $0.42 EPS previously, CenturyLink, Inc.’s analysts see -47.62 % EPS growth. The stock decreased 0.63% or $0.11 during the last trading session, reaching $17.36. About 11.53M shares traded. CenturyLink, Inc. (NYSE:CTL) has declined 7.62% since January 14, 2017 and is downtrending. It has underperformed by 24.32% the S&P500.
CenturyLink, Inc. (NYSE:CTL) Ratings Coverage
Among 21 analysts covering Centurylink Inc. (NYSE:CTL), 5 have Buy rating, 1 Sell and 15 Hold. Therefore 24% are positive. Centurylink Inc. had 56 analyst reports since July 31, 2015 according to SRatingsIntel. On Wednesday, January 25 the stock rating was upgraded by Jefferies to “Hold”. Morgan Stanley downgraded CenturyLink, Inc. (NYSE:CTL) on Monday, July 18 to “Underweight” rating. RBC Capital Markets maintained the shares of CTL in report on Sunday, September 17 with “Hold” rating. The rating was maintained by Citigroup on Friday, August 7 with “Neutral”. The stock of CenturyLink, Inc. (NYSE:CTL) earned “Overweight” rating by Morgan Stanley on Wednesday, August 23. Cowen & Co maintained the shares of CTL in report on Monday, August 14 with “Hold” rating. Deutsche Bank maintained it with “Hold” rating and $20 target in Tuesday, October 10 report. The rating was maintained by SunTrust with “Hold” on Thursday, November 9. The firm has “Buy” rating given on Thursday, November 9 by J.P. Morgan. Oppenheimer maintained the stock with “Outperform” rating in Friday, November 10 report.
CenturyLink, Inc. provides various communications services to residential, business, wholesale, and governmental clients in the United States. The company has market cap of $18.56 billion. It operates through two divisions, Business and Consumer. It has a 29.93 P/E ratio. 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.
More notable recent CenturyLink, Inc. (NYSE:CTL) news were published by: Zacks.com which released: “Bear of the Day: CenturyLink, Inc (CTL)” on January 12, 2018, also Fool.com with their article: “What to Expect from CenturyLink, Inc. in 2018” published on January 02, 2018, Seekingalpha.com published: “CenturyLink Has Leveled Up” on December 29, 2017. More interesting news about CenturyLink, Inc. (NYSE:CTL) were released by: Investorplace.com and their article: “Is Centurylink Inc Stock a Treasure or Trap? 3 Pros, 3 Cons” published on January 08, 2018 as well as Seekingalpha.com‘s news article titled: “What CenturyLink Shareholders Want From Level 3 Management For Xmas” with publication date: December 26, 2017.
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