CenturyLink, Inc. (CTL), Facebook, Inc. (FB)

361 Capital LLC acquired a new position in CenturyLink, Inc. AlphaMark Advisors LLC's holdings in Centurylink were worth $2,102,000 as of its most recent filing with the SEC. The institutional investor acquired 62,986 shares of the technology company's stock, valued at approximately $1,504,000. For the quarter, shares have been noted at 24.76%. The value of the company's investment in CenturyLink, Inc. went from $10,985,000 to $17,388,000 a change of 58.3% quarter to quarter.

Other large investors have also modified their holdings of the company. State Street Corp boosted its holdings in CenturyLink by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 9,689,431 shares of the technology company's stock worth $231,404,000 after purchasing an additional 301,671 shares during the last quarter. The target implies a 12.75% spike from where the shares are now trading. Northern Trust Corp grew its position in CenturyLink by 1.4% in the 2nd quarter. First Manhattan Co. now owns 37,199 shares of the technology company's stock worth $888,000 after purchasing an additional 126 shares during the period.

Traders are more bearish on CenturyLink, Inc. of late if you take into consideration the motion in short interest.

Shares are trading at $20.35 slightly over $19.45, the stock's 50 day moving average and which is quite a bit lower than the 200 day moving average of $22.89.

Tightening the gaze, stock performance for the last 5 trading days is -1.97%. Vanguard Group Inc. now owns 57,351,163 shares of the technology company's stock worth $1,369,547,000 after purchasing an additional 10,583,246 shares during the last quarter. Over the last five days, shares have managed 0.9% gains and now is down -13.41% since hitting its 200-day moving average of $22.91. The firm has a market cap of $11.17 billion, a price-to-earnings ratio of 29.45 and a beta of 0.89.

5 year sales growth rate is an important factor for valuation analysis, the industry's and the sector's growth for next 5 years ticked at -2.36 and -8.01 respectively. The company had revenue of $4.21 billion for the quarter, compared to analyst estimates of $4.27 billion. The company saw a rise in short interest of 0.74% as of September 29, 2017 from the last reporting period.

Investment analysts at Oppenheimer Holdings dropped their FY2017 earnings per share estimates for CenturyLink in a research note issued to investors on Friday.

The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. The dividend payment was $0.540 per share for the quarter or $2.16 on an annualized basis. This dividend represents a yield of $10.63 which is the dividend as a percentage of the current share price. The ex-dividend date was Thursday, August 31st. Centurylink's payout ratio is presently 186.21%.

A number of research firms have weighed in on CTL. The stock now has a consensus rating of "Hold" and an average price target of $26.24. Barclays PLC cut their target price on CenturyLink from $23.00 to $19.00 and set an "underweight" rating for the company in a research report on Wednesday, October 4th.

The counter witnessed a trading volume of 11.24 million shares versus an average volume of 16.09 million shares during last trading session. Cowen and Company upped their target price on shares of CenturyLink from $25.00 to $27.00 and gave the company a "market perform" rating in a research note on Wednesday, July 5th. Bank of America Corp reissued a "buy" rating on shares of Centurylink in a research note on Tuesday, May 9th. Facebook, Inc. has 21 buy ratings, 2 holds and 1 sells even after the stock tumbled -1.57% from its high of $175.49 to a $493.41 billion market value through last close. The stock has an average rating of "Hold" and a consensus price target of $25.15.

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CenturyLink, Inc is an integrated communications company. The Company is engaged in providing an array of communications services to its residential and business customers.

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