As Centurylink (CTL) Share Price Rose, Williams Jones & Associates Has Cut Holding by $2.00 Million; Independence Contract Dril I (ICD) Share Value Declined While Oceanic Investment Management LTD Has Raised by $326,094 Its Position

February 16, 2018 - By Adrian Erickson

Williams Jones & Associates Llc decreased its stake in Centurylink (CTL) by 29.33% based on its latest 2017Q3 regulatory filing with the SEC. Williams Jones & Associates Llc sold 111,375 shares as the company’s stock rose 2.43% with the market. The institutional investor held 268,350 shares of the public utilities company at the end of 2017Q3, valued at $5.07 million, down from 379,725 at the end of the previous reported quarter. Williams Jones & Associates Llc who had been investing in Centurylink for a number of months, seems to be less bullish one the $20.40 billion market cap company. The stock decreased 0.24% or $0.045 during the last trading session, reaching $19.085. About 7.39 million shares traded. CenturyLink, Inc. (NYSE:CTL) has declined 7.62% since February 16, 2017 and is downtrending. It has underperformed by 24.32% the S&P500.

Oceanic Investment Management Ltd increased its stake in Independence Contract Dril I (ICD) by 21.94% based on its latest 2017Q3 regulatory filing with the SEC. Oceanic Investment Management Ltd bought 108,698 shares as the company’s stock declined 24.83% while stock markets rallied. The hedge fund held 604,132 shares of the energy company at the end of 2017Q3, valued at $2.30 million, up from 495,434 at the end of the previous reported quarter. Oceanic Investment Management Ltd who had been investing in Independence Contract Dril I for a number of months, seems to be bullish on the $164.84 million market cap company. The stock decreased 0.23% or $0.01 during the last trading session, reaching $4.34. About 37,136 shares traded. Independence Contract Drilling, Inc. (NYSE:ICD) has risen 7.92% since February 16, 2017 and is uptrending. It has underperformed by 8.78% the S&P500.

Investors sentiment increased to 1.29 in 2017 Q3. Its up 0.20, from 1.09 in 2017Q2. It is positive, as 9 investors sold ICD shares while 19 reduced holdings. 10 funds opened positions while 26 raised stakes. 28.16 million shares or 2.92% less from 29.01 million shares in 2017Q2 were reported. Penn Mngmt Inc holds 41,050 shares. Scoria Cap LP has 784,144 shares for 3.35% of their portfolio. Schwab Charles Invest Mngmt Incorporated owns 0% invested in Independence Contract Drilling, Inc. (NYSE:ICD) for 46,000 shares. 106 were reported by Citigroup Incorporated. Alliancebernstein LP accumulated 0% or 19,700 shares. Wells Fargo And Company Mn has invested 0% in Independence Contract Drilling, Inc. (NYSE:ICD). State Board Of Administration Of Florida Retirement Sys holds 0% or 23,749 shares in its portfolio. Retail Bank Of New York Mellon has invested 0% in Independence Contract Drilling, Inc. (NYSE:ICD). 1 are owned by Brandywine Glob Invest Mngmt Limited Liability Corporation. State Street has 0% invested in Independence Contract Drilling, Inc. (NYSE:ICD) for 466,309 shares. 56,363 are owned by California State Teachers Retirement Systems. Moreover, New York State Common Retirement Fund has 0% invested in Independence Contract Drilling, Inc. (NYSE:ICD) for 172,560 shares. Deutsche Comml Bank Ag owns 0% invested in Independence Contract Drilling, Inc. (NYSE:ICD) for 64,298 shares. Morgan Stanley has invested 0% of its portfolio in Independence Contract Drilling, Inc. (NYSE:ICD). Cushing Asset Management L P, a Texas-based fund reported 104,013 shares.

Among 8 analysts covering Independence Contract Drilling (NYSE:ICD), 7 have Buy rating, 1 Sell and 0 Hold. Therefore 88% are positive. Independence Contract Drilling had 26 analyst reports since August 10, 2015 according to SRatingsIntel. FBR Capital maintained Independence Contract Drilling, Inc. (NYSE:ICD) on Wednesday, February 24 with “Outperform” rating. RBC Capital Markets maintained it with “Outperform” rating and $6 target in Friday, September 29 report. The rating was maintained by RBC Capital Markets on Thursday, July 20 with “Buy”. The firm earned “Overweight” rating on Tuesday, February 28 by CapitalOne. FBR Capital maintained the shares of ICD in report on Wednesday, December 28 with “Outperform” rating. The stock has “Buy” rating by Tudor Pickering on Tuesday, November 29. Cowen & Co maintained Independence Contract Drilling, Inc. (NYSE:ICD) rating on Wednesday, October 18. Cowen & Co has “Buy” rating and $5.0 target. The rating was initiated by DA Davidson with “Buy” on Thursday, September 15. Cowen & Co maintained it with “Buy” rating and $500 target in Thursday, August 10 report. Tudor Pickering downgraded Independence Contract Drilling, Inc. (NYSE:ICD) on Wednesday, September 9 to “Accumulate” rating.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.13, from 1.08 in 2017Q2. It turned negative, as 65 investors sold CTL shares while 190 reduced holdings. 64 funds opened positions while 179 raised stakes. 436.00 million shares or 1.89% less from 444.41 million shares in 2017Q2 were reported. North Carolina-based Salem Inv Counselors has invested 0% in CenturyLink, Inc. (NYSE:CTL). Capwealth Ltd holds 1.16% or 319,897 shares in its portfolio. Dubuque Natl Bank, a Iowa-based fund reported 457 shares. The Maryland-based Sandy Spring Fincl Bank has invested 0% in CenturyLink, Inc. (NYSE:CTL). Engineers Gate Manager LP reported 19,408 shares. Td Asset Mgmt Incorporated holds 2.52 million shares. Gilman Hill Asset Lc owns 227,727 shares for 1.76% of their portfolio. Tortoise Investment Limited Liability Com holds 0% of its portfolio in CenturyLink, Inc. (NYSE:CTL) for 123 shares. Grantham Mayo Van Otterloo And Limited Liability Company holds 2,500 shares. Fukoku Mutual Life Communications stated it has 0.01% in CenturyLink, Inc. (NYSE:CTL). Intrust Financial Bank Na has 27,542 shares for 0.17% of their portfolio. Affinity Investment Advsrs Ltd Liability Co has 0.06% invested in CenturyLink, Inc. (NYSE:CTL) for 26,310 shares. Tiaa Cref Investment Ltd Liability Corporation invested 0.04% of its portfolio in CenturyLink, Inc. (NYSE:CTL). Gargoyle Inv Advisor Limited holds 22,917 shares or 0.16% of its portfolio. Whittier Tru Of Nevada Inc, Nevada-based fund reported 210 shares.

Among 21 analysts covering Centurylink Inc. (NYSE:CTL), 6 have Buy rating, 1 Sell and 14 Hold. Therefore 29% are positive. Centurylink Inc. had 58 analyst reports since July 31, 2015 according to SRatingsIntel. Barclays Capital upgraded CenturyLink, Inc. (NYSE:CTL) on Friday, December 15 to “Equal-Weight” rating. Jefferies upgraded the shares of CTL in report on Friday, July 31 to “Hold” rating. The stock of CenturyLink, Inc. (NYSE:CTL) earned “Hold” rating by Deutsche Bank on Tuesday, October 10. The firm earned “Neutral” rating on Friday, August 7 by Citigroup. The firm earned “Hold” rating on Friday, May 26 by RBC Capital Markets. J.P. Morgan maintained CenturyLink, Inc. (NYSE:CTL) on Thursday, November 9 with “Buy” rating. The company was downgraded on Monday, July 18 by Morgan Stanley. The rating was maintained by Oppenheimer on Friday, November 10 with “Outperform”. As per Tuesday, September 15, the company rating was initiated by Barclays Capital. The stock of CenturyLink, Inc. (NYSE:CTL) has “Market Perform” rating given on Tuesday, October 13 by Cowen & Co.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: