Stock is unchanged at $23.97 (CTL) CenturyLink adds EagleForce opioid…

Elias Hubbard
July 5, 2017

Moreover, Wells Fargo Mn has 0.02% invested in Centurylink Inc (NYSE:CTL) for 2.30M shares. (NYSE:CTL) by 0.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. Seven analysts have issued estimates for CenturyLink's earnings, with estimates ranging from $0.43 to $0.51. The dividend was $0.540 per share for the quarter or $2.16 on an annualized basis. Zacks' sales averages are a mean average based on a survey of research firms that that provide coverage for CenturyLink.

CenturyLink (NYSE:CTL) last released its quarterly earnings results on Wednesday, May 3rd. The technology company reported $0.52 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.53 by $0.01. CenturyLink had a net margin of 3.20% and a return on equity of 8.96%. The firm had revenue of $4.21 billion during the quarter, compared to the consensus estimate of $4.27 billion. Sure, the percentage is encouraging but better times are ahead as looking out over a next 5-year period, analysts expect the company to see its earnings go up by 7.33%, annually.

CTL has been the subject of a number of research reports. Raymond James Financial, Inc. reiterated an "underperform" rating on shares of CenturyLink in a research report on Monday, May 15th. Royal Bank Of Canada reiterated a "hold" rating and issued a $25.00 price target on shares of CenturyLink in a report on Thursday, May 25th. Jefferies Group LLC cut their target price on CenturyLink from $26.00 to $23.00 and set a "hold" rating for the company in a research note on Thursday, May 4th. Vetr raised CenturyLink from a "buy" rating to a "strong-buy" rating and set a $25.27 price target for the company in a research note on Tuesday, March 7th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company.

12/13/2016 - SunTrust began new coverage on CenturyLink, Inc. giving the company a "hold" rating. Vanguard Group Inc. raised its stake in shares of CenturyLink by 19.4% in the first quarter.

CenturyLink, Inc.is an integrated communications company. National Asset Management Inc. now owns 9,802 shares of the technology company's stock valued at $232,000 after buying an additional 225 shares during the period. UBS Asset Management Americas Inc. boosted its position in CenturyLink by 10.0% in the fourth quarter. Thornburg Investment Management Inc. now owns 6,521,497 shares of the technology company's stock valued at $153,712,000 after buying an additional 3,383,155 shares during the last quarter. State Street Corp boosted its stake in CenturyLink by 1.0% in the first quarter. FMR LLC now owns 3,724,085 shares of the technology company's stock valued at $88,559,000 after buying an additional 1,295,499 shares during the last quarter. Institutional investors own 77.45% of the company's stock. CenturyLink, Inc. (NYSE:CTL) is -4.56% below its 200-day moving average, providing a measure of resistance for long positions. Considering that the stock daily volume of 5.54 million shares, this represents a pretty noteworthy trading in volume size that is above six million trading capacity in recent session. The current share price indicate that stock is -82.21% away from its one year high and is moving 65.07% ahead of its 52-week low.

CenturyLink, Inc. now has a P/E ratio of 23.50 and the market cap of the company is 13.16B. The stock closing price is now trading downward to its 50 day moving average with change of -4.95%, tumbled to its 20 day moving average with figure of -5.76% and behind its 200 day moving average with value -4.56%. Shareholders of record on Monday, June 5th were paid a $0.54 dividend. INVESTOR ALERT: "Wolf Haldenstein Adler Freeman ..." published on June 29, 2017 as well as Prnewswire.com's news article titled: "CenturyLink launches CenturyLink® Managed Enterprise with Cisco Meraki" with publication date: "June 13, 2017. CenturyLink's payout ratio is 211.77%. AlphaMark Advisors added additional shares of CenturyLink by 0.3% in the Q3. The correct version of this news story can be accessed at https://sportsperspectives.com/2017/07/05/centurylink-inc-ctl-shares-bought-by-focused-wealth-management-inc-updated-updated.html.

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