Westport Asset Management Has Lowered Its Holding in Rogers (ROG) by $2.00 Million; Omers Administration Decreased Centurylink (CTL) Holding by $1.42 Million

January 13, 2018 - By Michael Collier

Westport Asset Management Inc decreased its stake in Rogers Corp (ROG) by 18.75% based on its latest 2017Q3 regulatory filing with the SEC. Westport Asset Management Inc sold 15,000 shares as the company’s stock rose 35.82% with the market. The institutional investor held 65,000 shares of the major chemicals company at the end of 2017Q3, valued at $8.66M, down from 80,000 at the end of the previous reported quarter. Westport Asset Management Inc who had been investing in Rogers Corp for a number of months, seems to be less bullish one the $3.13B market cap company. The stock increased 1.87% or $3.15 during the last trading session, reaching $171.61. About 163,321 shares traded. Rogers Corporation (NYSE:ROG) has risen 78.68% since January 13, 2017 and is uptrending. It has outperformed by 61.98% the S&P500.

Omers Administration Corp decreased its stake in Centurylink Inc (CTL) by 21.27% based on its latest 2017Q3 regulatory filing with the SEC. Omers Administration Corp sold 79,000 shares as the company’s stock rose 2.43% with the market. The institutional investor held 292,400 shares of the public utilities company at the end of 2017Q3, valued at $5.53 million, down from 371,400 at the end of the previous reported quarter. Omers Administration Corp who had been investing in Centurylink Inc for a number of months, seems to be less bullish one the $18.56 billion market cap company. The stock decreased 0.63% or $0.11 during the last trading session, reaching $17.36. About 11.53 million 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.

Omers Administration Corp, which manages about $8.76 billion US Long portfolio, upped its stake in Dominion Diamond Corp (NYSE:DDC) by 148,900 shares to 473,300 shares, valued at $6.71 million in 2017Q3, according to the filing. It also increased its holding in Genworth Finl Inc (NYSE:GNW) by 148,300 shares in the quarter, for a total of 3.04M shares, and has risen its stake in Astoria Finl Corp (NYSE:AF).

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.13, from 1.08 in 2017Q2. It fall, 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. Fukoku Mutual Life Ins has invested 0.01% in CenturyLink, Inc. (NYSE:CTL). Massachusetts-based Panagora Asset Incorporated has invested 0.02% in CenturyLink, Inc. (NYSE:CTL). Duff Phelps Mgmt accumulated 800,000 shares. 250 are owned by Monetary Gp. Lenox Wealth Mngmt, Ohio-based fund reported 33 shares. Apriem Advsrs accumulated 0.06% or 13,002 shares. Us Bankshares De owns 0.01% invested in CenturyLink, Inc. (NYSE:CTL) for 97,050 shares. Mason Street Advisors Limited Liability reported 76,296 shares. Amer Registered Inv Advisor Inc stated it has 17,125 shares. Moreover, Old Second National Bank Of Aurora has 0% invested in CenturyLink, Inc. (NYSE:CTL) for 164 shares. Quantres Asset Management Ltd has 0.2% invested in CenturyLink, Inc. (NYSE:CTL). Neuberger Berman Gp Limited Liability invested in 0% or 18,498 shares. Summit Wealth Advsr Lc invested 0.35% in CenturyLink, Inc. (NYSE:CTL). Archford Strategies Limited owns 31,287 shares for 0.22% of their portfolio. Green Square Capital Limited Liability has 0.35% invested in CenturyLink, Inc. (NYSE:CTL).

Analysts await CenturyLink, Inc. (NYSE:CTL) to report earnings on February, 14. They expect $0.22 earnings per share, down 59.26% or $0.32 from last year’s $0.54 per share. CTL’s profit will be $235.18M for 19.73 P/E if the $0.22 EPS becomes a reality. After $0.42 actual earnings per share reported by CenturyLink, Inc. for the previous quarter, Wall Street now forecasts -47.62% negative EPS growth.

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. UBS maintained the stock with “Buy” rating in Thursday, August 6 report. SunTrust initiated the stock with “Hold” rating in Tuesday, December 13 report. On Thursday, November 9 the stock rating was maintained by Jefferies with “Hold”. The rating was downgraded by Raymond James on Monday, May 15 to “Underperform”. The firm has “Underperform” rating given on Thursday, March 17 by Jefferies. The firm has “Outperform” rating by Oppenheimer given on Tuesday, November 8. The firm has “Buy” rating by J.P. Morgan given on Thursday, November 9. The firm has “Underweight” rating by Morgan Stanley given on Monday, July 18. The stock of CenturyLink, Inc. (NYSE:CTL) has “Neutral” rating given on Monday, March 14 by Citigroup. The firm has “Hold” rating given on Friday, May 26 by RBC Capital Markets.

Among 4 analysts covering Rogers Corp (NYSE:ROG), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Rogers Corp had 13 analyst reports since October 2, 2015 according to SRatingsIntel. The rating was upgraded by Sidoti to “Buy” on Wednesday, April 12. The stock has “Buy” rating by Needham on Friday, November 3. As per Monday, July 31, the company rating was maintained by B. Riley & Co. The rating was maintained by Needham on Tuesday, December 19 with “Buy”. The stock of Rogers Corporation (NYSE:ROG) earned “Buy” rating by B. Riley & Co on Tuesday, August 15. The firm has “Buy” rating given on Wednesday, August 2 by Needham. B. Riley & Co initiated Rogers Corporation (NYSE:ROG) on Friday, October 2 with “Neutral” rating. The stock has “Buy” rating by FBR Capital on Friday, December 15. Sidoti downgraded the stock to “Neutral” rating in Wednesday, November 16 report. The firm has “Buy” rating by Needham given on Friday, April 28.

Analysts await Rogers Corporation (NYSE:ROG) to report earnings on February, 19. They expect $1.42 earnings per share, up 51.06% or $0.48 from last year’s $0.94 per share. ROG’s profit will be $25.91M for 30.21 P/E if the $1.42 EPS becomes a reality. After $1.41 actual earnings per share reported by Rogers Corporation for the previous quarter, Wall Street now forecasts 0.71% EPS growth.

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