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More notable recent CenturyLink, Inc. (NYSE:CTL) news were published by: Seekingalpha.com which released: “After The Level 3 Merger, Can CenturyLink Support Its Dividend?” on December 29, 2017, also Seekingalpha.com with their article: “What CenturyLink Shareholders Want From Level 3 Management For Xmas” published on December 26, 2017, Fool.com published: “What to Expect from CenturyLink, Inc. in 2018” on January 02, 2018. More interesting news about CenturyLink, Inc. (NYSE:CTL) were released by: Fool.com and their article: “Why Mega-Yielding CenturyLink, Inc. Crashed 30% in 2017” published on January 09, 2018 as well as Seekingalpha.com‘s news article titled: “CenturyLink Has Leveled Up” with publication date: December 29, 2017.
January 13, 2018 – By Richard Conner
Beck Mack & Oliver Llc increased its stake in Centurylink Inc Com (CTL) by 3151.34% based on its latest 2017Q3 regulatory filing with the SEC. Beck Mack & Oliver Llc bought 913,890 shares as the company’s stock rose 2.43% with the market. The institutional investor held 942,890 shares of the public utilities company at the end of 2017Q3, valued at $17.82 million, up from 29,000 at the end of the previous reported quarter. Beck Mack & Oliver Llc who had been investing in Centurylink Inc Com for a number of months, seems to be bullish on the $18.56B market cap company. The stock decreased 0.63% or $0.11 during the last trading session, reaching $17.36. About 11.53M shares traded. CenturyLink, Inc. (NYSE:CTL) has declined 7.62% since January 13, 2017 and is downtrending. It has underperformed by 24.32% the S&P500.
Beck Mack & Oliver Llc, which manages about $5.32B and $3.04 billion US Long portfolio, decreased its stake in Qualcomm Inc Com (NASDAQ:QCOM) by 64,804 shares to 1.04 million shares, valued at $53.77 million in 2017Q3, according to the filing. It also reduced its holding in Markel Corp Com (NYSE:MKL) by 3,381 shares in the quarter, leaving it with 81,614 shares, and cut its stake in Roper Technologies Inc Com (NYSE:ROP).
CenturyLink, Inc. (NYSE:CTL) Ratings Coverage
Among 21 analysts covering Centurylink Inc. (NYSE:CTL), 5 have Buy rating, 1 Sell and 15 Hold. Therefore 24% are positive. Centurylink Inc. had 56 analyst reports since July 31, 2015 according to SRatingsIntel. Oppenheimer maintained CenturyLink, Inc. (NYSE:CTL) on Thursday, August 10 with “Buy” rating. The firm earned “Buy” rating on Thursday, August 6 by UBS. Jefferies upgraded CenturyLink, Inc. (NYSE:CTL) on Friday, July 31 to “Hold” rating. Morgan Stanley maintained the shares of CTL in report on Wednesday, March 29 with “Overweight” rating. RBC Capital Markets maintained the shares of CTL in report on Thursday, November 16 with “Hold” rating. The rating was maintained by SunTrust with “Hold” on Thursday, November 9. Raymond James downgraded CenturyLink, Inc. (NYSE:CTL) on Friday, October 28 to “Mkt Perform” rating. As per Wednesday, October 4, the company rating was maintained by Barclays Capital. Citigroup maintained the stock with “Neutral” rating in Monday, March 14 report. RBC Capital Markets maintained the shares of CTL in report on Friday, July 7 with “Hold” rating.
Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.13, from 1.08 in 2017Q2. It is negative, as 65 investors sold CTL 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. Schwab Charles Inv Management reported 0.04% stake. Calamos Advisors Ltd Llc owns 108,168 shares. Usca Ria Ltd stated it has 0.03% of its portfolio in CenturyLink, Inc. (NYSE:CTL). 26,899 were accumulated by Peak6 Investments Lp. Adirondack holds 1,351 shares or 0.02% of its portfolio. Spears Abacus Advsr Lc owns 0.03% invested in CenturyLink, Inc. (NYSE:CTL) for 12,290 shares. Caisse De Depot Et Placement Du Quebec holds 410,727 shares or 0.02% of its portfolio. Voya Inv Management Limited Liability invested in 307,829 shares. Affinity Invest Advisors Limited Liability Company stated it has 26,310 shares. Grantham Mayo Van Otterloo Limited Liability owns 2,500 shares or 0% of their US portfolio. Toronto Dominion State Bank stated it has 217,719 shares or 0.01% of all its holdings. Janney Montgomery Scott Ltd Liability stated it has 121,250 shares or 0.03% of all its holdings. Pnc Fin Services invested in 257,429 shares. Credit Suisse Ag reported 0.03% stake. Community State Bank Na accumulated 200 shares.