Centurylink's (CTL) Buy Rating Reiterated at Oppenheimer

Marco Green
January 13, 2018

Zacks Investment Research upgraded shares of Centurylink from a "sell" rating to a "hold" rating in a research note on Friday, October 13th.

Analysts await CenturyLink, Inc. The stock decreased 0.32% or $0.05 during the last trading session, reaching $15.75. These shares are worth $78,871 and were traded at $15.48 each. CenturyLink, Inc. (NYSE:CTL) has declined 7.62% since January 11, 2017 and is downtrending. It has underperformed by 18.19% the S&P500.

Cooper Creek Partners Management Llc increased its stake in Buffalo Wild Wings (BWLD) by 150.58% based on its latest 2017Q3 regulatory filing with the SEC. Discovery Communications Inc now has $13.31 billion valuation. About 249,966 shares traded. It has underperformed by 17.58% the S&P500.

Investors sentiment decreased to 1.15 in 2017 Q3. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.82 and a current ratio of 0.82. It fall, as 65 investors sold CTL shares while 190 reduced holdings.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. First Interstate Fincl Bank holds 520 shares. Andra Ap holds 51,200 shares or 0.03% of its portfolio. The United Kingdom-based Legal And General Group Inc Plc has invested 0% in Genpact Limited (NYSE:G). (NYSE:HBI) on Monday, February 27 to "Equal-Weight" rating. Tci Wealth accumulated 1,925 shares. (NYSE:CTL). Bollard Grp Limited Com owns 777 shares or 0% of their U.S. portfolio. State Treasurer State Of Michigan has invested 0.03% of its portfolio in CenturyLink, Inc. Tower Capital Limited Liability Company (Trc) invested in 0.01% or 3,700 shares. Prudential reported 0.05% stake. State of Tennessee Treasury Department increased its stake in Centurylink by 37.6% during the second quarter. (NYSE:CTL) for 288,928 shares. Patriot Financial Group Insurance Agency LLC boosted its holdings in shares of Centurylink by 178.6% during the 3rd quarter. Fieldpoint Private Securities LLC bought a new stake in shares of Centurylink in the third quarter valued at about $115,000. (NYSE:CTL). Hancock Holdg holds 50,361 shares or 0.04% of its portfolio. Voya Inv Limited Liability Co reported 307,829 shares or 0.01% of all its holdings.

Several analysts have released their opinion on CenturyLink, Inc.

CenturyLink, Inc. (NYSE:CTL) gross margin percentage stands at 54.1% while its operating margin for the past trailing twelve month is 11.3 percent and its overall profit margin (ttm) is 1.9 Percent. Therefore 24% are positive.

Recent insider trends for CenturyLink, Inc. (NYSE:CTL) has "Underweight" rating given on Wednesday, October 4 by Barclays Capital. RBC Capital Markets maintained the shares of CTL in report on Friday, July 7 with "Hold" rating. The firm has "Hold" rating given on Thursday, November 9 by SunTrust. The firm earned "Hold" rating on Wednesday, January 25 by Jefferies. The firm earned "Neutral" rating on Monday, March 14 by Citigroup. The rating was initiated by RBC Capital Markets on Tuesday, September 22 with "Sector Perform". JMP Securities initiated the stock with "Mkt Outperform" rating in Thursday, September 8 report. The firm has "Overweight" rating given on Wednesday, December 13 by Morgan Stanley. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. STATE STREET CORP owned 7.43% of Apple Inc. Rpc Inc (Put) (NYSE:RES) was reduced too.

Hartwell J M Limited Partnership increased Home Depot Inc. (NYSE:CTL) for 82,675 shares. (NYSE:CTL) for 307,829 shares. The stock price is showing discouraging image with current unsupportive move of -0.06% at trading price of $17.47. Huntington Bancorp has 2,725 shares.

Investors sentiment decreased to 1.47 in Q3 2017. Its up 0.10, from 0.82 in 2017Q2. 28 funds opened positions while 60 raised stakes. Cibc World Markets reported 56,675 shares stake. (NYSE:CTL) for 164 shares. Kentucky Retirement invested in 0.04% or 22,359 shares. Grandeur Peak Glob Advisors Limited Liability reported 375,925 shares. Cantab Capital Prtnrs Llp holds 0.01% or 2,676 shares. Bnp Paribas Arbitrage Sa reported 5,772 shares. Frontier Investment Mgmt Co. now owns 152,277 shares of the technology company's stock valued at $3,636,000 after purchasing an additional 12,744 shares in the last quarter. The Illinois-based Peak6 Invs Lp has invested 0% in CenturyLink, Inc. (NASDAQ:DISCA) for 13,725 shares. Nationwide Fund Advsr stated it has 137,583 shares. Bancorp Of America De accumulated 469,654 shares or 0% of the stock.

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