Shareholder Rock Point Advisors LLC Has Increased Centurylink (CTL) Position

May 25, 2018 - By Jacob Falcon

CenturyLink, Inc. (NYSE:CTL) LogoInvestors sentiment increased to 1.99 in Q4 2017. Its up 1.04, from 0.95 in 2017Q3. It is positive, 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. Natixis holds 0.27% in CenturyLink, Inc. (NYSE:CTL) or 2.10 million shares. Moreover, Auxier Asset Management has 0.18% invested in CenturyLink, Inc. (NYSE:CTL). Prelude Capital Limited Liability invested 0.04% in CenturyLink, Inc. (NYSE:CTL). Andra Ap holds 0.06% or 150,785 shares. Teachers Retirement Systems Of The State Of Kentucky, a Kentucky-based fund reported 108,161 shares. Kentucky Retirement Insurance Tru Fund owns 25,834 shares or 0.07% of their US portfolio. Parametrica Mngmt Ltd reported 25,265 shares stake. The Pennsylvania-based Vantage Investment Advsrs Llc has invested 0% in CenturyLink, Inc. (NYSE:CTL). Pictet Asset Management Limited invested in 555,882 shares or 0.02% of the stock. 10.94M were reported by Northern. Lingohr & Partner Asset Mgmt Gmbh has invested 0.4% in CenturyLink, Inc. (NYSE:CTL). Federated Invsts Pa holds 0% of its portfolio in CenturyLink, Inc. (NYSE:CTL) for 16,888 shares. 23,000 were reported by M. 31,676 were reported by Capstone Advsrs Incorporated. Commonwealth State Bank Of Australia holds 0.09% or 572,764 shares.

Since April 3, 2018, it had 3 insider purchases, and 0 sales for $215.87 million activity. Temasek Holdings (Private) Ltd bought 5.04M shares worth $87.70 million.

Rock Point Advisors Llc increased its stake in Centurylink (CTL) by 68.6% based on its latest 2017Q4 regulatory filing with the SEC. Rock Point Advisors Llc bought 235,058 shares as the company’s stock declined 6.44% with the market. The institutional investor held 577,713 shares of the public utilities company at the end of 2017Q4, valued at $9.64 million, up from 342,655 at the end of the previous reported quarter. Rock Point Advisors Llc who had been investing in Centurylink for a number of months, seems to be bullish on the $19.98B market cap company. The stock decreased 2.58% or $0.49 during the last trading session, reaching $18.52. About 16.33M shares traded or 46.20% up from the average. CenturyLink, Inc. (NYSE:CTL) has declined 28.66% since May 25, 2017 and is downtrending. It has underperformed by 40.21% the S&P500.

More recent CenturyLink, Inc. (NYSE:CTL) news were published by: which released: “Tracking Mason Hawkins’ Southeastern Asset Management Portfolio – Q1 2018 Update” on May 25, 2018. Also published the news titled: “CenturyLink: Streamlining A Fat Dividend” on May 16, 2018.‘s news article titled: “CenturyLink -1.2% as Macquarie downgrades to Underperform” with publication date: May 16, 2018 was also an interesting one.

CenturyLink, Inc. (NYSE:CTL) Ratings Coverage

Among 8 analysts covering CenturyLink (NYSE:CTL), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. CenturyLink had 9 analyst reports since December 13, 2017 according to SRatingsIntel. Bank of America maintained the stock with “Buy” rating in Wednesday, February 21 report. The stock of CenturyLink, Inc. (NYSE:CTL) earned “Equal-Weight” rating by Barclays Capital on Friday, December 15. Goldman Sachs upgraded the stock to “Neutral” rating in Monday, January 8 report. The rating was maintained by Cowen & Co on Thursday, February 15 with “Hold”. The company was downgraded on Wednesday, May 16 by Macquarie Research. Bank of America maintained the shares of CTL in report on Wednesday, May 16 with “Buy” rating. The company was upgraded on Thursday, January 25 by RBC Capital Markets. The stock of CenturyLink, Inc. (NYSE:CTL) earned “Overweight” rating by Morgan Stanley on Wednesday, December 13.

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

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