CenturyLink, Inc. (NYSE:CTL) Director Virginia Boulet bought 5,095 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The stock was purchased at an average cost of $15.48 per share, for a total transaction of $78,870.60. Following the transaction, the director now owns 42,820 shares in the company, valued at approximately $662,853.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

CenturyLink, Inc. (CTL) traded down $0.17 during mid-day trading on Wednesday, reaching $15.70. The company’s stock had a trading volume of 15,525,300 shares, compared to its average volume of 10,982,824. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market capitalization of $16,965.08, a P/E ratio of 8.18, a price-to-earnings-growth ratio of -4.96 and a beta of 0.79. CenturyLink, Inc. has a 12-month low of $13.16 and a 12-month high of $27.61.

CenturyLink (NYSE:CTL) last issued its earnings results on Wednesday, November 8th. The technology company reported $0.42 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.03). CenturyLink had a return on equity of 7.99% and a net margin of 1.89%. The business had revenue of $4.03 billion for the quarter, compared to the consensus estimate of $4.06 billion. During the same quarter in the prior year, the firm posted $0.56 earnings per share. The business’s revenue was down 7.9% compared to the same quarter last year. equities analysts forecast that CenturyLink, Inc. will post 1.6 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, December 11th. Stockholders of record on Monday, November 27th were paid a dividend of $0.54 per share. The ex-dividend date of this dividend was Friday, November 24th. This represents a $2.16 annualized dividend and a dividend yield of 13.76%. CenturyLink’s dividend payout ratio is currently 372.42%.

Several hedge funds and other institutional investors have recently modified their holdings of CTL. Fieldpoint Private Securities LLC bought a new position in shares of CenturyLink during the 3rd quarter worth approximately $115,000. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of CenturyLink by 178.6% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 6,684 shares of the technology company’s stock worth $134,000 after acquiring an additional 4,285 shares during the period. Blue Granite Capital LLC bought a new position in shares of CenturyLink during the 3rd quarter worth approximately $136,000. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of CenturyLink by 10,329.0% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,196 shares of the technology company’s stock worth $136,000 after acquiring an additional 7,127 shares during the period. Finally, Tower Research Capital LLC TRC bought a new position in shares of CenturyLink during the 2nd quarter worth approximately $197,000. Institutional investors own 82.32% of the company’s stock.

A number of equities research analysts recently issued reports on the company. ValuEngine raised CenturyLink from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Royal Bank of Canada reissued a “hold” rating and issued a $25.00 target price on shares of CenturyLink in a research report on Monday, September 18th. Zacks Investment Research lowered CenturyLink from a “hold” rating to a “strong sell” rating in a research report on Friday, August 25th. Morgan Stanley dropped their target price on CenturyLink from $27.00 to $26.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 23rd. Finally, J P Morgan Chase & Co reissued a “buy” rating and issued a $26.00 target price on shares of CenturyLink in a research report on Thursday, November 9th. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $23.07.

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CenturyLink Company 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.

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