Tyrus Capital Sam Trimmed Position in Centurylink INC (Call) (CTL) by $10.40 Million

April 16, 2018 - By Linda Rogers

CenturyLink, Inc. (NYSE:CTL) LogoInvestors sentiment increased to 1.99 in Q4 2017. Its up 1.04, from 0.95 in 2017Q3. It increased, 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. Pomelo Ltd Liability Co holds 128,400 shares. First Advisors LP accumulated 3.29M shares. Point72 Asset Mgmt Limited Partnership has 0.07% invested in CenturyLink, Inc. (NYSE:CTL). First Manhattan invested in 69,865 shares or 0.01% of the stock. Pictet Asset Mgmt Ltd reported 555,882 shares or 0.02% of all its holdings. Moreover, Conning has 0.01% invested in CenturyLink, Inc. (NYSE:CTL) for 19,632 shares. Endurance Wealth has 4,175 shares for 0.01% of their portfolio. Pnc Services Group Inc owns 320,740 shares. Benjamin F Edwards & reported 4,410 shares. Cibc Ww invested 0.02% of its portfolio in CenturyLink, Inc. (NYSE:CTL). Nippon Life Americas Inc owns 166,010 shares. 84,300 were reported by Quantres Asset Limited. Oppenheimer And Inc reported 0.16% of its portfolio in CenturyLink, Inc. (NYSE:CTL). Pinebridge Investments Limited Partnership has 0% invested in CenturyLink, Inc. (NYSE:CTL). Karpas Strategies Ltd Liability Company has invested 1.16% in CenturyLink, Inc. (NYSE:CTL).

Since April 3, 2018, it had 2 insider buys, and 0 selling transactions for $215.07 million activity.

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 $18.74B market cap company. The stock increased 1.88% or $0.32 during the last trading session, reaching $17.37. About 1.83 million shares traded. CenturyLink, Inc. (NYSE:CTL) has declined 28.66% since April 16, 2017 and is downtrending. It has underperformed by 40.21% the S&P500.

Analysts await CenturyLink, Inc. (NYSE:CTL) to report earnings on May, 2. They expect $0.17 EPS, down 67.31 % or $0.35 from last year’s $0.52 per share. CTL’s profit will be $183.42 million for 25.54 P/E if the $0.17 EPS becomes a reality. After $0.18 actual EPS reported by CenturyLink, Inc. for the previous quarter, Wall Street now forecasts -5.56 % negative EPS growth.

CenturyLink, Inc. (NYSE:CTL) Ratings Coverage

Among 13 analysts covering CenturyLink Inc (NYSE:CTL), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. CenturyLink Inc had 16 analyst reports since October 18, 2017 according to SRatingsIntel. The stock of CenturyLink, Inc. (NYSE:CTL) has “Buy” rating given on Thursday, November 9 by J.P. Morgan. The firm has “Buy” rating given on Wednesday, February 21 by Bank of America. Goldman Sachs upgraded the stock to “Neutral” rating in Monday, January 8 report. The stock of CenturyLink, Inc. (NYSE:CTL) has “Overweight” rating given on Wednesday, December 13 by Morgan Stanley. The rating was upgraded by Barclays Capital on Friday, December 15 to “Equal-Weight”. The firm has “Outperform” rating given on Thursday, January 25 by RBC Capital Markets. Oppenheimer maintained CenturyLink, Inc. (NYSE:CTL) on Friday, November 10 with “Outperform” rating. The rating was maintained by SunTrust on Thursday, November 9 with “Hold”. The rating was maintained by RBC Capital Markets on Thursday, November 16 with “Hold”. Cowen & Co maintained it with “Hold” rating and $19.0 target in Thursday, February 15 report.

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

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