Discovery Comm C (DISCK) Shares Declined While Cedar Hill Associates Has Upped by $4.55 Million Its Stake; Centurylink (Call) (CTL) Shareholder Tyrus Capital Sam Cut Its Position

April 22, 2018 - By Pete Kolinski

Discovery, Inc. (NASDAQ:DISCK) Logo

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 $19.00B market cap company. The stock increased 1.67% or $0.29 during the last trading session, reaching $17.61. About 9.81M shares traded. CenturyLink, Inc. (NYSE:CTL) has declined 28.66% since April 22, 2017 and is downtrending. It has underperformed by 40.21% the S&P500.

Cedar Hill Associates Llc increased its stake in Discovery Comm C (DISCK) by 211.64% based on its latest 2017Q4 regulatory filing with the SEC. Cedar Hill Associates Llc bought 216,490 shares as the company’s stock declined 12.19% with the market. The hedge fund held 318,780 shares of the consumer services company at the end of 2017Q4, valued at $6.75M, up from 102,290 at the end of the previous reported quarter. Cedar Hill Associates Llc who had been investing in Discovery Comm C for a number of months, seems to be bullish on the $15.17B market cap company. The stock decreased 0.79% or $0.17 during the last trading session, reaching $21.46. About 3.36 million shares traded. Discovery, Inc. (NASDAQ:DISCK) has declined 27.22% since April 22, 2017 and is downtrending. It has underperformed by 38.77% the S&P500.

Investors 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. 701,148 were accumulated by Panagora Asset Mgmt. Miller Howard Investments Inc New York accumulated 529,829 shares. Brown Advisory Inc owns 11,466 shares. Moreover, Sun Life Fin has 0% invested in CenturyLink, Inc. (NYSE:CTL). Schwab Charles Inv Mgmt accumulated 4.36M shares. The New York-based Amalgamated National Bank & Trust has invested 0.05% in CenturyLink, Inc. (NYSE:CTL). Soros Fund Mgmt, a New York-based fund reported 1.10M shares. Proshare Ltd Liability accumulated 222,199 shares. Stratos Wealth Prtnrs Ltd owns 62,570 shares for 0.05% of their portfolio. Moreover, Fifth Third Bank & Trust has 0% invested in CenturyLink, Inc. (NYSE:CTL). Beck Mack & Oliver accumulated 2.33% or 4.27 million shares. Fairfax Financial Ltd Can accumulated 1.43M shares or 1.68% of the stock. Fincl Bank Of Nova Scotia stated it has 0.04% in CenturyLink, Inc. (NYSE:CTL). Kbc Grp Inc Nv invested 0.05% of its portfolio in CenturyLink, Inc. (NYSE:CTL). 2.30M are held by Loomis Sayles L P.

Analysts await CenturyLink, Inc. (NYSE:CTL) to report earnings on May, 9 after the close. They expect $0.15 EPS, down 71.15% or $0.37 from last year’s $0.52 per share. CTL’s profit will be $161.84M for 29.35 P/E if the $0.15 EPS becomes a reality. After $0.18 actual EPS reported by CenturyLink, Inc. for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth.

Among 23 analysts covering Centurylink Inc. (NYSE:CTL), 7 have Buy rating, 1 Sell and 15 Hold. Therefore 30% are positive. Centurylink Inc. had 60 analyst reports since July 31, 2015 according to SRatingsIntel. As per Tuesday, September 22, the company rating was initiated by RBC Capital Markets. JP Morgan upgraded the stock to “Overweight” rating in Tuesday, January 3 report. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, December 13. On Thursday, November 9 the stock rating was maintained by SunTrust with “Hold”. The rating was maintained by J.P. Morgan with “Buy” on Thursday, November 9. On Wednesday, March 29 the stock rating was maintained by Morgan Stanley with “Overweight”. The firm has “Buy” rating given on Wednesday, February 21 by Bank of America. Morgan Stanley downgraded CenturyLink, Inc. (NYSE:CTL) on Monday, July 18 to “Underweight” rating. RBC Capital Markets maintained the shares of CTL in report on Sunday, September 17 with “Hold” rating. As per Thursday, August 10, the company rating was maintained by Oppenheimer.

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

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

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