After Today’s Big Increase, Is CenturyLink, Inc. (CTL)’s Near-Term Analysis Positive?

February 15, 2018 - By Marie Mckinney

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.13, from 1.08 in 2017Q2. It turned negative, 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.
58,264 are held by Qs Lc. Weiss Multi holds 0.18% of its portfolio in CenturyLink, Inc. (NYSE:CTL) for 250,000 shares. Bridgeway Mgmt has invested 0.49% in CenturyLink, Inc. (NYSE:CTL). Tyrus Cap Sam invested in 300,000 shares or 0.44% of the stock. Susquehanna Grp Ltd Liability Partnership holds 0.01% of its portfolio in CenturyLink, Inc. (NYSE:CTL) for 624,938 shares. Clark Estates Ny reported 600,000 shares. Tocqueville Asset Mgmt L P holds 0.04% or 190,198 shares in its portfolio. Natixis Asset Mngmt reported 6,445 shares stake. 1,853 are held by North Star Investment Mgmt. Hudock Capital Grp Limited Liability Company owns 0% invested in CenturyLink, Inc. (NYSE:CTL) for 539 shares. Amundi Pioneer Asset Incorporated invested 0.2% in CenturyLink, Inc. (NYSE:CTL). Canada Pension Plan Board accumulated 0.01% or 175,859 shares. Ims Cap has invested 0.5% of its portfolio in CenturyLink, Inc. (NYSE:CTL). Balyasny Asset Mngmt Ltd Limited Liability Company accumulated 13,700 shares or 0% of the stock. Blair William & Il holds 0% of its portfolio in CenturyLink, Inc. (NYSE:CTL) for 31,755 shares.

The stock of CenturyLink, Inc. (NYSE:CTL) is a huge mover today! The stock increased 8.42% or $1.4799 during the last trading session, reaching $19.0599. About 16.98 million shares traded or 15.34% up from the average. CenturyLink, Inc. (NYSE:CTL) has declined 7.62% since February 15, 2017 and is downtrending. It has underperformed by 24.32% the S&P500.
The move comes after 9 months positive chart setup for the $20.38 billion company. It was reported on Feb, 15 by Barchart.com. We have $20.01 PT which if reached, will make NYSE:CTL worth $1.02 billion more.

CenturyLink, Inc. (NYSE:CTL) Ratings Coverage

Among 21 analysts covering Centurylink Inc. (NYSE:CTL), 6 have Buy rating, 1 Sell and 14 Hold. Therefore 29% are positive. Centurylink Inc. had 57 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Underweight” rating by Barclays Capital given on Tuesday, September 15. The firm has “Buy” rating by Oppenheimer given on Thursday, August 3. The stock of CenturyLink, Inc. (NYSE:CTL) has “Hold” rating given on Monday, August 14 by Cowen & Co. Jefferies maintained CenturyLink, Inc. (NYSE:CTL) on Thursday, November 9 with “Hold” rating. The firm has “Hold” rating given on Wednesday, January 25 by Jefferies. On Thursday, March 17 the stock rating was downgraded by Jefferies to “Underperform”. The stock of CenturyLink, Inc. (NYSE:CTL) has “Neutral” rating given on Monday, July 11 by Macquarie Research. The firm earned “Hold” rating on Sunday, September 17 by RBC Capital Markets. The firm has “Hold” rating given on Friday, July 31 by Jefferies. Barclays Capital upgraded the shares of CTL in report on Friday, December 15 to “Equal-Weight” rating.

More important recent CenturyLink, Inc. (NYSE:CTL) news were published by: Seekingalpha.com which released: “CenturyLink +11.2% after Level 3 boost to Q4 earnings” on February 14, 2018, also Nasdaq.com published article titled: “CenturyLink (CTL) Q4 Earnings and Revenues Miss Estimates”, Fool.com published: “Is CenturyLink, Inc. (CTL) a Buy?” on February 11, 2018. More interesting news about CenturyLink, Inc. (NYSE:CTL) was released by: Fool.com and their article: “Will 2018 Be CenturyLink, Inc.’s Best Year Yet?” with publication date: January 26, 2018.

CenturyLink, Inc. provides various communications services to residential, business, wholesale, and governmental clients in the United States. The company has market cap of $20.38 billion. It operates through two divisions, Business and Consumer. It has a 32.86 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.

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