Jefferies Upgraded CenturyLink (NYSE:CTL)’s Rating From Hold.

June 27, 2018 - By Sarah Harris

CenturyLink, Inc. (NYSE:CTL) Corporate Logo

Big Money Sentiment decreased to 0.98 in Q1 2018. It has change of 1.01, from 2017Q4’s 1.99. The ratio dived due to CenturyLink, Inc. positioning: 63 sold and 193 reduced. 74 funds acquired positions and 178 increased positions. Investors holded 888.76 million in 2017Q4 but now own 821.46 million shares or 7.57% less.

Allsquare Wealth Mngmt Limited Liability holds 5,901 shs. Oppenheimer And reported 437,869 shs. Frontier Invest Mgmt Com owns 277,659 shs. Pathstone Family Office Ltd Limited Liability Company has invested 0.01% in CenturyLink, Inc. (NYSE:CTL). Acr Alpine Capital Ltd Liability Com owns 6.12M shs or 5.46% of their US capital. Credit Agricole S A holds 0% or 6 shs in its capital. Oregon Pub Employees Retirement Fund holds 230,054 shs or 0.06% of its capital. 13,877 were reported by Eqis Capital Mgmt. Oppenheimer Asset Management Inc holds 2.48M shs. Fjarde Ap holds 0.06% of its capital in CenturyLink, Inc. (NYSE:CTL) for 258,789 shs. Raymond James Na holds 0.03% of its capital in CenturyLink, Inc. (NYSE:CTL) for 24,614 shs. 33.79M are owned by Capital Research Invsts. Vantage Ltd Liability Company, a Pennsylvania-based fund reported 508 shs. 19,830 were accumulated by Rampart Inv Limited Liability. Holt Capital Advisors Limited Liability Corp Dba Holt Capital Prtnrs Lp accumulated 10,225 shs.

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

Jefferies Upgraded CenturyLink (NYSE:CTL)’s Rating to Buy.

The new Buy rating of CTL was announced in a research report. Jefferies boosted the rating from Hold on 26 June.

CenturyLink, Inc. (NYSE:CTL) Ratings Coverage

Total analysts of 7 have positions in CenturyLink (NYSE:CTL) as follows: 3 rated it a “Buy”, 1 with “Sell” and 3 with “Hold”. The positive are 43%. Since January 8, 2018 according to StockzIntelligence Inc CenturyLink has 8 analyst reports. On Thursday, February 15 the rating was maintained by Cowen & Co with “Hold”. On Tuesday, June 26 the rating was upgraded by Jefferies to “Buy”. On Wednesday, May 16 the company was downgraded by Macquarie Research. On Wednesday, May 16 the stock of CenturyLink, Inc. (NYSE:CTL) has “Buy” rating given by Bank of America. On Wednesday, February 21 the rating was maintained by Bank of America with “Buy”. On Thursday, January 25 the company was upgraded by RBC Capital Markets. The company rating was upgraded by Goldman Sachs on Monday, January 8.

CTL is hitting $18.75 during the last trading session, after decreased 0.16%.CenturyLink, Inc. has volume of 6.45 million shares. Since June 27, 2017 CTL has declined 27.08% and is downtrending. CTL underperformed the S&P 500 by 39.65%.

On August, 1 WallStreet expected CenturyLink, Inc. (NYSE:CTL)’s earnings release, RTT reports. Analysts predict $0.23 EPS, which is $0.23 down or 50.00 % from 2017’s $0.46 EPS. If $0.23 is reported, CTL’s profit will be $248.13 million for 20.38 P/E. Wall Street predicts -8.00 % negative EPS growth as of August, 1.

CenturyLink, Inc. provides various communications services to residential, business, wholesale, and governmental clients primarily in the United States.The firm is valued at $20.23 billion. It operates in two divisions, Business and Consumer.10.62 is the P/E ratio. The firm offers virtual private network data network services; Ethernet services; Internet protocol services; CenturyLink Prism TV that allows clients to watch television or cable channels and record up to four shows on one home digital video recorder; and Vyvx, which provides audio and video feeds over fiber or satellite for broadcast and production customers, as well as satellite digital television services.

For more CenturyLink, Inc. (NYSE:CTL) news announced briefly go to: Fool.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Benzinga.com. The titles are as follows: “Better Buy: CenturyLink Inc. vs. Frontier Communications” announced on June 18, 2018, “CenturyLink’s Vyvx supplying feeds for World Cup” on June 04, 2018, “This Stock Yielding 11.6% May Have Earned A Position In My Dividend Portfolio” with a publish date: June 25, 2018, “For CenturyLink It Feels Like 2013 All Over Again” and the last “CenturyLink Is Diversifying Away From Rural Telecom, Jefferies Says In Upgrade” with publication date: June 26, 2018.

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

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