Centurylink INC (Call) (CTL) Share Price Declined While Tyrus Capital Sam Has Lowered Position by $10.40 Million

May 19, 2018 - By Louis Casey

CenturyLink, Inc. (NYSE:CTL) LogoInvestors sentiment increased to 1.99 in 2017 Q4. Its up 1.04, from 0.95 in 2017Q3. It improved, as 78 investors sold CTL shares while 110 reduced holdings. 118 funds opened positions while 256 raised stakes. 888.76 million shares or 103.84% more from 436.00 million shares in 2017Q3 were reported. Northwestern Mutual Wealth Mngmt owns 63,523 shares. California State Teachers Retirement Sys reported 1.78 million shares or 0.06% of all its holdings. The New Jersey-based Nj State Employees Deferred Compensation Plan has invested 0.06% in CenturyLink, Inc. (NYSE:CTL). Blair William & Company Il invested in 0% or 33,607 shares. Chevy Chase Tru Hldg Inc invested in 0.06% or 843,215 shares. Amf Pensionsforsakring Ab owns 982,389 shares. Jane Street Gp Lc holds 0.03% of its portfolio in CenturyLink, Inc. (NYSE:CTL) for 554,371 shares. Royal Bancshares Of Canada invested 0.01% in CenturyLink, Inc. (NYSE:CTL). Fifth Third Bankshares reported 36,142 shares. Moreover, Liberty Mutual Group Asset has 0.02% invested in CenturyLink, Inc. (NYSE:CTL) for 38,726 shares. Moody Bankshares Tru Division holds 0.01% or 14,925 shares in its portfolio. Lenox Wealth Advsr Inc has invested 0% in CenturyLink, Inc. (NYSE:CTL). Wellington Mgmt Llp reported 222,035 shares. 420,923 were accumulated by Pub Employees Retirement Systems Of Ohio. Tobam has 100,201 shares.

Since April 3, 2018, it had 3 insider purchases, and 0 insider sales for $215.87 million activity. On Friday, May 11 CLONTZ STEVEN T bought $796,936 worth of CenturyLink, Inc. (NYSE:CTL) or 41,000 shares.

Tony Chedraoui decreased its stake in Centurylink Inc (Call) (CTL) by 72.22% based on its latest 2017Q4 regulatory filing with the SEC. Tyrus Capital Sam sold 650,000 shares as the company’s stock declined 6.44% with the market. The hedge fund run by Tony Chedraoui held 250,000 shares of the public utilities company at the end of 2017Q4, valued at $4.17M, down from 900,000 at the end of the previous reported quarter. Tyrus Capital Sam who had been investing in Centurylink Inc (Call) for a number of months, seems to be less bullish one the $20.81B market cap company. The stock increased 0.21% or $0.04 during the last trading session, reaching $19.29. About 14.69 million shares traded or 30.48% up from the average. CenturyLink, Inc. (NYSE:CTL) has declined 28.66% since May 19, 2017 and is downtrending. It has underperformed by 40.21% the S&P500.

Analysts await CenturyLink, Inc. (NYSE:CTL) to report earnings on August, 1. They expect $0.21 EPS, down 54.35 % or $0.25 from last year’s $0.46 per share. CTL’s profit will be $226.57M for 22.96 P/E if the $0.21 EPS becomes a reality. After $0.25 actual EPS reported by CenturyLink, Inc. for the previous quarter, Wall Street now forecasts -16.00 % negative EPS growth.

More notable recent CenturyLink, Inc. (NYSE:CTL) news were published by: Seekingalpha.com which released: “Pair Trade: Arbitrage Opportunity In CenturyLink’s Debt” on May 10, 2018, also Seekingalpha.com with their article: “CenturyLink: Streamlining A Fat Dividend” published on May 16, 2018, Benzinga.com published: “4 Reasons Why BofA Is Bullish On Zayo Group” on May 18, 2018. More interesting news about CenturyLink, Inc. (NYSE:CTL) were released by: Fool.com and their article: “Is CenturyLink, Inc. a Buy?” published on April 30, 2018 as well as Seekingalpha.com‘s news article titled: “CenturyLink -1.2% as Macquarie downgrades to Underperform” with publication date: May 16, 2018.

CenturyLink, Inc. (NYSE:CTL) Ratings Coverage

Among 8 analysts covering CenturyLink (NYSE:CTL), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. CenturyLink had 9 analyst reports since December 13, 2017 according to SRatingsIntel. The rating was upgraded by Barclays Capital on Friday, December 15 to “Equal-Weight”. The stock of CenturyLink, Inc. (NYSE:CTL) has “Sell” rating given on Wednesday, May 16 by Macquarie Research. The rating was upgraded by RBC Capital Markets to “Outperform” on Thursday, January 25. The stock of CenturyLink, Inc. (NYSE:CTL) has “Neutral” rating given on Monday, January 8 by Goldman Sachs. As per Wednesday, February 21, the company rating was maintained by Bank of America. The rating was maintained by Morgan Stanley with “Overweight” on Wednesday, December 13. The stock of CenturyLink, Inc. (NYSE:CTL) earned “Hold” rating by Cowen & Co on Thursday, February 15. The stock has “Buy” rating by Bank of America on Wednesday, May 16.

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

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