CenturyLink (NYSE:CTL) Had Buy Changed By Jefferies.

June 27, 2018 - By Alice Reed

CenturyLink, Inc. (NYSE:CTL) Corporate Logo

Big Money Sentiment decreased to 0.98 in 2018 Q1. 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 bought positions and 178 increased positions. Investors holded 888.76 million in 2017Q4 but now own 821.46 million shares or 7.57% less.

Amf Pensionsforsakring has invested 0.16% in CenturyLink, Inc. (NYSE:CTL). Janney Montgomery Scott Ltd Co holds 0.05% or 274,745 shs in its capital. Victory Capital owns 0.02% invested in CenturyLink, Inc. (NYSE:CTL) for 507,366 shs. Vident Invest Advisory Lc holds 0.01% of its capital in CenturyLink, Inc. (NYSE:CTL) for 12,820 shs. Thrivent For Lutherans accumulated 40,598 shs. Wms Prtn Ltd Liability Company accumulated 35,984 shs. Livforsakringsbolaget Skandia Omsesidigt reported 0.01% of its capital in CenturyLink, Inc. (NYSE:CTL). Hanson Doremus Investment Management owns 45,777 shs. Apg Asset Mgmt Nv invested in 0.02% or 581,227 shs. Lawson Kroeker Inv Management Inc Ne reported 0.06% of its capital in CenturyLink, Inc. (NYSE:CTL). Dreman Value Mngmt L L C owns 7,600 shs. Envestnet Asset Mgmt invested in 111,607 shs. Amalgamated Bancorporation holds 119,836 shs or 0.05% of its capital. Ny State Common Retirement Fund holds 1.96 million shs or 0.04% of its capital. Guggenheim holds 0.15% of its capital in CenturyLink, Inc. (NYSE:CTL) for 3.81M shs.

CenturyLink, Inc. registered $215.87 million net activity with 3 insider buys and 0 sales since April 3, 2018. 5.04M CenturyLink, Inc. (NYSE:CTL) shs with value of $87.70M were bought by Temasek Holdings (Private) Ltd.

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

On Tuesday, 26 June Jefferies announced in analysts report CenturyLink (NYSE:CTL)‘s rating change. CTL’s old rating was Hold raised to Buy.

CenturyLink, Inc. (NYSE:CTL) Ratings Coverage

A total of 7 analysts rate CenturyLink (NYSE:CTL) as follows: 3 “Buy”, 3 “Hold” and 1 “Sell”. Тherefore 43% are bullish. (NYSE:CTL) has 8 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Tuesday, June 26 the stock has “Buy” rating by Jefferies. On Monday, January 8 the company was upgraded by Goldman Sachs. On Wednesday, May 16 Bank of America maintained the shares of CTL in report with “Buy” rating. On Thursday, February 15 the firm has “Hold” rating by Cowen & Co given. On Thursday, January 25 the stock of CenturyLink, Inc. (NYSE:CTL) has “Outperform” rating given by RBC Capital Markets. On Wednesday, May 16 Macquarie Research downgraded CenturyLink, Inc. (NYSE:CTL) rating. Macquarie Research has “Sell” rating and $17.5000 target. On Wednesday, February 21 the rating was maintained by Bank of America with “Buy”.

CTL reached $18.75 during the last trading session after $0.03 change.CenturyLink, Inc. has volume of 6.45 million shares. Since June 27, 2017 CTL has declined 27.08% and is downtrending. The stock underperformed the S&P 500 by 39.65%.

CenturyLink, Inc. (NYSE:CTL)’s earnings release is awaited by WallStreet on August, 1, RTT reports. EPS of $0.23 is 50.00 % down from 2017’s $0.46 EPS. If EPS of $0.23 is published the profit of CTL could reach $248.13M giving it 20.38 P/E. After $0.25 EPS was published last quarter, analysts now see negative EPS growth of -8.00 % for CenturyLink, Inc..

CenturyLink, Inc. provides various communications services to residential, business, wholesale, and governmental clients primarily in the United States.The firm is worth $20.23 billion. It operates in two divisions, Business and Consumer.The P/E ratio is 10.62. 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 released briefly go to: Benzinga.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Fool.com. The titles are as follows: “CenturyLink Is Diversifying Away From Rural Telecom, Jefferies Says In Upgrade” released on June 26, 2018, “For CenturyLink It Feels Like 2013 All Over Again” on June 19, 2018, “CenturyLink’s Vyvx supplying feeds for World Cup” with a publish date: June 04, 2018, “This Stock Yielding 11.6% May Have Earned A Position In My Dividend Portfolio” and the last “Better Buy: CenturyLink Inc. vs. Frontier Communications” with publication date: June 18, 2018.

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

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