As Centurylink Com (CTL) Share Price Declined, Shareholder City Holding Company Has Decreased by $525,136 Its Stake; As Microsoft (MSFT) Share Value Rose, State Farm Mutual Automobile Insurance Company Increased Its Holding by $95.03 Million

April 26, 2018 - By Adrian Mccoy

CenturyLink, Inc. (NYSE:CTL) Logo

City Holding Company decreased its stake in Centurylink Inc Com (CTL) by 80.55% based on its latest 2017Q4 regulatory filing with the SEC. City Holding Company sold 32,821 shares as the company’s stock declined 6.44% with the market. The institutional investor held 7,923 shares of the public utilities company at the end of 2017Q4, valued at $132,000, down from 40,744 at the end of the previous reported quarter. City Holding Company who had been investing in Centurylink Inc Com for a number of months, seems to be less bullish one the $19.74 billion market cap company. The stock decreased 1.08% or $0.2 during the last trading session, reaching $18.3. About 2.72 million shares traded. CenturyLink, Inc. (NYSE:CTL) has declined 28.66% since April 26, 2017 and is downtrending. It has underperformed by 40.21% the S&P500.

State Farm Mutual Automobile Insurance Company increased its stake in Microsoft Corp (MSFT) by 28.11% based on its latest 2017Q4 regulatory filing with the SEC. State Farm Mutual Automobile Insurance Company bought 1.12M shares as the company’s stock rose 4.63% while stock markets declined. The institutional investor held 5.09 million shares of the prepackaged software company at the end of 2017Q4, valued at $435.81M, up from 3.98 million at the end of the previous reported quarter. State Farm Mutual Automobile Insurance Company who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $724.83 billion market cap company. The stock increased 1.98% or $1.83 during the last trading session, reaching $94.14. About 11.30 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 37.43% since April 26, 2017 and is uptrending. It has outperformed by 25.88% the S&P500.

Analysts await CenturyLink, Inc. (NYSE:CTL) to report earnings on May, 9 after the close. They expect $0.15 earnings per share, down 71.15% or $0.37 from last year’s $0.52 per share. CTL’s profit will be $161.84 million for 30.50 P/E if the $0.15 EPS becomes a reality. After $0.18 actual earnings per share reported by CenturyLink, Inc. for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth.

Investors sentiment increased to 1.99 in 2017 Q4. 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. Moreover, Captrust Financial Advsr has 0.05% invested in CenturyLink, Inc. (NYSE:CTL) for 46,415 shares. Malaga Cove Limited Liability Company holds 0.42% or 45,257 shares in its portfolio. Tarbox Family Office Inc holds 446 shares. Moreover, Amundi Pioneer Asset Mngmt has 0.11% invested in CenturyLink, Inc. (NYSE:CTL) for 4.15M shares. Act Ii Mngmt Limited Partnership has 125,000 shares for 1.35% of their portfolio. Amg National Tru Bancshares reported 58,261 shares. World Asset Management Inc has 92,714 shares for 0.05% of their portfolio. Proshare Advsrs Ltd Limited Liability Company holds 222,199 shares. Paradigm Asset Mgmt Co Lc, New York-based fund reported 25,730 shares. Asset Limited Liability Company has invested 0.03% in CenturyLink, Inc. (NYSE:CTL). Fjarde Ap holds 0.07% or 258,643 shares. Lingohr & Partner Asset Gmbh holds 45,800 shares or 0.4% of its portfolio. The Ontario – Canada-based Manufacturers Life Insur The has invested 0.06% in CenturyLink, Inc. (NYSE:CTL). Fdx has invested 0.04% in CenturyLink, Inc. (NYSE:CTL). Pinnacle Associate Ltd holds 205,368 shares or 0.07% of its portfolio.

Since April 3, 2018, it had 2 insider purchases, and 0 insider sales for $215.07 million activity.

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. On Friday, October 28 the stock rating was downgraded by Raymond James to “Mkt Perform”. The stock of CenturyLink, Inc. (NYSE:CTL) earned “Hold” rating by Cowen & Co on Wednesday, October 18. The firm earned “Buy” rating on Thursday, November 9 by J.P. Morgan. The stock of CenturyLink, Inc. (NYSE:CTL) has “Buy” rating given on Thursday, November 9 by UBS. On Monday, January 8 the stock rating was upgraded by Goldman Sachs to “Neutral”. On Wednesday, October 4 the stock rating was maintained by Barclays Capital with “Underweight”. The firm has “Outperform” rating given on Tuesday, November 8 by Oppenheimer. The firm has “Hold” rating by Evercore given on Wednesday, June 22. Bank of America maintained the stock with “Buy” rating in Wednesday, February 21 report. As per Tuesday, December 13, the company rating was initiated by SunTrust.

Investors sentiment decreased to 0.77 in Q4 2017. Its down 0.06, from 0.83 in 2017Q3. It dropped, as 39 investors sold MSFT shares while 1012 reduced holdings. 134 funds opened positions while 676 raised stakes. 5.46 billion shares or 0.90% less from 5.51 billion shares in 2017Q3 were reported. Numeric Investors Ltd invested in 0.73% or 1.17 million shares. 1.44M are owned by Westwood Grp Incorporated. Aperio Gp Limited Com holds 2.05% or 4.63 million shares. Chemung Canal has 3.18% invested in Microsoft Corporation (NASDAQ:MSFT) for 170,410 shares. Ubs Asset Management Americas holds 2.25% or 31.09M shares. 20,196 are held by Indiana Tru & Inv Mngmt Company. Vnbtrust Association owns 13,367 shares. Daiwa Securities Group reported 355,347 shares stake. Thrivent For Lutherans stated it has 1.79% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Nadler Financial Grp Incorporated Incorporated holds 25,982 shares. Cookson Peirce & holds 1.83% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 228,217 shares. Fdx Advsr has invested 0.59% in Microsoft Corporation (NASDAQ:MSFT). Moore Mgmt Lp holds 3.93% or 2.53 million shares in its portfolio. Sigma Planning has 127,122 shares. Regions Financial has 1.24% invested in Microsoft Corporation (NASDAQ:MSFT).

State Farm Mutual Automobile Insurance Company, which manages about $79.58 billion US Long portfolio, decreased its stake in Noble Energy Inc (NYSE:NBL) by 323,000 shares to 3.11 million shares, valued at $90.73M in 2017Q4, according to the filing. It also reduced its holding in General Electric Co (NYSE:GE) by 1.85 million shares in the quarter, leaving it with 41.15 million shares, and cut its stake in Kellogg Co (NYSE:K).

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 6 Hold. Therefore 78% are positive. Microsoft Corporation had 174 analyst reports since July 22, 2015 according to SRatingsIntel. On Friday, December 8 the stock rating was maintained by Evercore with “Buy”. The stock has “Buy” rating by Oppenheimer on Wednesday, December 20. The firm has “Overweight” rating by Piper Jaffray given on Thursday, December 22. RBC Capital Markets maintained it with “Buy” rating and $100.0 target in Wednesday, December 20 report. The stock has “Hold” rating by Wunderlich on Friday, January 29. As per Tuesday, September 26, the company rating was maintained by Credit Suisse. Vetr upgraded Microsoft Corporation (NASDAQ:MSFT) rating on Friday, August 21. Vetr has “Hold” rating and $47.66 target. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Neutral” rating by JP Morgan on Thursday, January 25. The rating was maintained by Cowen & Co with “Market Perform” on Friday, April 1. RBC Capital Markets maintained the stock with “Buy” rating in Sunday, October 8 report.

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