Kirr Marbach & Co. LLC IN trimmed its holdings in shares of Centurylink Inc (NYSE:CTL) by 0.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 495,525 shares of the technology company’s stock after selling 3,140 shares during the period. Kirr Marbach & Co. LLC IN’s holdings in Centurylink were worth $8,265,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Eaton Vance Management increased its position in Centurylink by 0.5% in the 2nd quarter. Eaton Vance Management now owns 12,640 shares of the technology company’s stock worth $302,000 after purchasing an additional 57 shares during the last quarter. Franklin Resources Inc. increased its position in Centurylink by 73.8% in the 2nd quarter. Franklin Resources Inc. now owns 26,798 shares of the technology company’s stock worth $640,000 after purchasing an additional 11,380 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Centurylink by 17.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 168,640 shares of the technology company’s stock worth $4,026,000 after purchasing an additional 24,752 shares during the last quarter. Thrivent Financial For Lutherans increased its position in Centurylink by 3.3% in the 2nd quarter. Thrivent Financial For Lutherans now owns 20,855 shares of the technology company’s stock worth $498,000 after purchasing an additional 663 shares during the last quarter. Finally, Mutual of America Capital Management LLC increased its position in Centurylink by 16.8% in the 2nd quarter. Mutual of America Capital Management LLC now owns 143,267 shares of the technology company’s stock worth $3,421,000 after purchasing an additional 20,643 shares during the last quarter. 42.11% of the stock is currently owned by hedge funds and other institutional investors.

In other Centurylink news, Vice Chairman William Bruce Hanks bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, December 8th. The stock was purchased at an average price of $14.41 per share, for a total transaction of $144,100.00. Following the purchase, the insider now directly owns 58,722 shares in the company, valued at $846,184.02. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Glen F. Post III bought 50,000 shares of the firm’s stock in a transaction that occurred on Friday, December 8th. The shares were acquired at an average price of $14.17 per share, with a total value of $708,500.00. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 150,595 shares of company stock valued at $2,154,131. 0.61% of the stock is currently owned by corporate insiders.

Several brokerages have weighed in on CTL. Zacks Investment Research raised Centurylink from a “sell” rating to a “hold” rating in a research report on Friday, October 13th. Barclays dropped their target price on Centurylink from $23.00 to $19.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 4th. Jefferies Group reaffirmed a “hold” rating and issued a $22.00 target price on shares of Centurylink in a research report on Tuesday, October 3rd. Deutsche Bank dropped their target price on Centurylink from $23.00 to $20.00 and set a “hold” rating on the stock in a research report on Tuesday, October 10th. Finally, ValuEngine raised Centurylink from a “hold” rating to a “buy” rating in a research report on Tuesday, October 17th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $22.37.

Centurylink Inc (CTL) traded down $0.03 on Monday, hitting $17.31. The stock had a trading volume of 18,159,100 shares, compared to its average volume of 12,994,192. The company has a market cap of $18,890.00, a P/E ratio of 29.84, a PEG ratio of -7.54 and a beta of 0.79. Centurylink Inc has a 52 week low of $13.16 and a 52 week high of $27.61. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.82 and a current ratio of 0.82.

Centurylink (NYSE:CTL) last released its quarterly earnings results on Wednesday, November 8th. The technology company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.03). The company had revenue of $4.03 billion for the quarter, compared to the consensus estimate of $4.06 billion. Centurylink had a return on equity of 7.99% and a net margin of 1.89%. The business’s revenue was down 7.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.56 EPS. research analysts predict that Centurylink Inc will post 1.56 EPS for the current year.

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Centurylink Profile

CenturyLink, Inc is an integrated communications company. The Company is engaged in providing an array of communications services to its residential and business customers. Its segments include business, which provides strategic, legacy and data integration products and services to small, medium and enterprise business, wholesale and governmental customers, including other communication providers, and consumer, which provides strategic and legacy products and services to residential customers.

Institutional Ownership by Quarter for Centurylink (NYSE:CTL)

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