Centurylink Inc (NYSE:CTL) 2018 Q1 Sentiment Reported At 0.98

June 27, 2018 - By Julia Strobel

CenturyLink, Inc. (NYSE:CTL) Corporate Logo

Centurylink Inc’s Sentiment

“Big money sentiment for Centurylink Inc (NYSE:CTL) in 2018 Q1 decreased to 0.98, according to SEC.gov filings. So its down -1.01, from 2017Q4’s 1.99. 252 hedge funds increased and started new equity positions, while 256 sold and reduced their holdings 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. In total 63 funds closed positions, 193 reduced and 178 increased. Also 74 funds bought new Centurylink Inc stakes.

Most Centurylink Inc Shareholders

As of 2018 Q1 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 2018 Q1. Furthermore, Temasek Holdings (Private) Ltd reported 105.86 million shares in Centurylink Inc equivalent to 9.54% of its US equity exposure. Acr Alpine Capital Research Llc revealed 6.12 million shares position in Centurylink Inc. The Vermont-based fund Rock Point Advisors Llc looks positive on Centurylink Inc, possessing 547,761 shares.

CenturyLink, Inc. provides various communications services to residential, business, wholesale, and governmental clients in the United States.The company has $20.37 billion market cap. It operates through two divisions, Business and Consumer.10.69 is the 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.

The stock increased 0.72% or $0.135 during the last trading session, touching $18.885.CenturyLink, Inc. has volume of 1.43 million shares. Since June 27, 2017 CTL has declined 27.08% and is downtrending. CTL underperformed by 39.65% the S&P500.

On August, 1 is awaited CenturyLink, Inc. (NYSE:CTL)’s earnings report, according to RTT. This year’s EPS analyst estimate is awaited to be $0.23. That is 50.00 % down compareed to $0.46 EPS for last year. If $0.23 is reported, CTL’s profit will be $248.13M for 20.53 P/E. After $0.25 EPS report previous quarter, Wall Street now predicts -8.00 % negative EPS growth of CenturyLink, Inc..

Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0.06% invested in CenturyLink, Inc. (NYSE:CTL). Orrstown Financial Incorporated holds 0% of its capital in CenturyLink, Inc. (NYSE:CTL) for 110 shs. Fairfax Limited Can invested in 1.85M shs. 58,261 were accumulated by Amg National Tru Bank. Ledyard Comml Bank holds 0.01% or 3,584 shs in its capital. Orca Invest Ltd Liability has 156,574 shs for 2.94% of their capital. 119,836 are owned by Amalgamated Bank & Trust. Vertex One Asset Management Inc reported 0.06% in CenturyLink, Inc. (NYSE:CTL). Gradient Ltd Liability Co holds 3,113 shs. Citadel Advsrs Llc holds 627,443 shs or 0.01% of its capital. Associated Banc has invested 0.02% in CenturyLink, Inc. (NYSE:CTL). Parkside Fincl Retail Bank has invested 0% in CenturyLink, Inc. (NYSE:CTL). Retirement Of Alabama owns 588,753 shs. Nomura Hldgs owns 745,637 shs for 0.01% of their capital. Hanson And Doremus Inv Mngmt owns 45,777 shs for 0.23% of their capital.

CenturyLink, Inc. registered $215.87 million net activity with 3 insider purchases and 0 selling transactions since April 3, 2018. CLONTZ STEVEN T also bought $796,936 worth of CenturyLink, Inc. (NYSE:CTL) 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 target CenturyLink has $20.13 average target 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 Monday, January 8 the stock has “Neutral” rating by Goldman Sachs. The stock rating was upgraded by Jefferies to “Buy” on Tuesday, June 26. In Wednesday, May 16 report Macquarie Research downgraded it to “Sell” rating and $17.5000 target. On Thursday, January 25 RBC Capital Markets upgraded CenturyLink, Inc. (NYSE:CTL) to “Outperform” rating. On Wednesday, May 16 the stock has “Buy” rating by Bank of America. On Thursday, February 15 the rating was maintained by Cowen & Co with “Hold”. On Wednesday, February 21 the company was maintained by Bank of America.

For more CenturyLink, Inc. (NYSE:CTL) news released recently go to: Seekingalpha.com, Fool.com, Benzinga.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “For CenturyLink It Feels Like 2013 All Over Again” released on June 19, 2018, “Better Buy: CenturyLink Inc. vs. Frontier Communications” on June 18, 2018, “CenturyLink Is Diversifying Away From Rural Telecom, Jefferies Says In Upgrade” with a publish date: June 26, 2018, “CenturyLink’s Vyvx supplying feeds for World Cup” and the last “This Stock Yielding 11.6% May Have Earned A Position In My Dividend Portfolio” with publication date: June 25, 2018.

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

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