Centurylink Com (CTL) Shareholder Beck Mack & Oliver Has Increased Stake by $53.16 Million as Share Value Declined; Mastercard (MA) Share Price Rose While Maverick Capital LTD Boosted Stake

April 25, 2018 - By Marguerite Chambers

CenturyLink, Inc. (NYSE:CTL) Logo

Lee Ainslie increased its stake in Mastercard Incorporated (MA) by 170.21% based on its latest 2017Q4 regulatory filing with the SEC. Maverick Capital Ltd bought 28,000 shares as the company’s stock rose 14.37% while stock markets declined. The hedge fund run by Lee Ainslie held 44,450 shares of the business services company at the end of 2017Q4, valued at $6.73M, up from 16,450 at the end of the previous reported quarter. Maverick Capital Ltd who had been investing in Mastercard Incorporated for a number of months, seems to be bullish on the $181.37 billion market cap company. The stock decreased 0.43% or $0.74 during the last trading session, reaching $172.5. About 1.60M shares traded. Mastercard Incorporated (NYSE:MA) has risen 54.12% since April 25, 2017 and is uptrending. It has outperformed by 42.57% the S&P500.

Beck Mack & Oliver Llc increased its stake in Centurylink Inc Com (CTL) by 352.41% based on its latest 2017Q4 regulatory filing with the SEC. Beck Mack & Oliver Llc bought 3.32M shares as the company’s stock declined 6.44% with the market. The institutional investor held 4.27M shares of the public utilities company at the end of 2017Q4, valued at $71.15 million, up from 942,890 at the end of the previous reported quarter. Beck Mack & Oliver Llc who had been investing in Centurylink Inc Com for a number of months, seems to be bullish on the $19.77B market cap company. The stock increased 2.18% or $0.39 during the last trading session, reaching $18.32. About 5.37 million shares traded. CenturyLink, Inc. (NYSE:CTL) has declined 28.66% since April 25, 2017 and is downtrending. It has underperformed by 40.21% the S&P500.

Among 40 analysts covering Mastercard Incorporated (NYSE:MA), 36 have Buy rating, 0 Sell and 4 Hold. Therefore 90% are positive. Mastercard Incorporated had 125 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, October 31 the stock rating was maintained by Cowen & Co with “Buy”. The firm has “Buy” rating given on Friday, September 8 by Nomura. The firm earned “Top Pick” rating on Wednesday, February 1 by RBC Capital Markets. The firm has “Buy” rating given on Wednesday, February 15 by Loop Capital. The stock of Mastercard Incorporated (NYSE:MA) has “Buy” rating given on Thursday, December 15 by Bank of America. The rating was downgraded by Vetr to “Buy” on Monday, August 31. As per Friday, January 19, the company rating was maintained by Robert W. Baird. The rating was maintained by Mizuho with “Hold” on Tuesday, October 31. The company was maintained on Monday, October 16 by Robert W. Baird. Credit Suisse upgraded the shares of MA in report on Thursday, February 1 to “Buy” rating.

Since January 2, 2018, it had 0 insider buys, and 5 insider sales for $10.78 million activity. The insider Haythornthwaite Richard sold $866,104. Murphy Timothy H also sold $5.53M worth of Mastercard Incorporated (NYSE:MA) on Monday, March 19. On Friday, March 9 the insider CARLUCCI DAVID R sold $1.09M. The insider Fraccaro Michael sold 3,993 shares worth $692,252.

Maverick Capital Ltd, which manages about $14.71 billion and $7.92B US Long portfolio, decreased its stake in Home Depot Inc (NYSE:HD) by 45,390 shares to 7,900 shares, valued at $1.50M in 2017Q4, according to the filing. It also reduced its holding in Facebook Inc (NASDAQ:FB) by 369,825 shares in the quarter, leaving it with 2.92M shares, and cut its stake in Paypal Hldgs Inc.

Investors sentiment increased to 0.91 in 2017 Q4. Its up 0.02, from 0.89 in 2017Q3. It is positive, as 46 investors sold MA shares while 492 reduced holdings. 131 funds opened positions while 356 raised stakes. 764.78 million shares or 1.94% less from 779.91 million shares in 2017Q3 were reported. Blue Ridge Cap Limited Liability accumulated 2.32% or 459,998 shares. 2,011 were reported by Cadence National Bank & Trust Na. Deltec Asset Mngmt Ltd Limited Liability Company accumulated 57,875 shares or 1.78% of the stock. Lord Abbett And Lc owns 299,554 shares. 279 were reported by Massmutual Fsb Adv. Bluespruce Invs Limited Partnership reported 4.89% stake. Old Mutual Customised Solutions (Proprietary) reported 48,479 shares. Money Mgmt Ltd Liability Co holds 2.22% or 24,175 shares in its portfolio. Blb&B Advsr Lc holds 0.06% or 2,895 shares in its portfolio. Harris Associates Limited Partnership holds 2.96% or 11.95M shares in its portfolio. 26,656 are owned by Usa Financial Portformulas Corp. Warren Averett Asset Management Ltd Liability Corporation invested 0.15% of its portfolio in Mastercard Incorporated (NYSE:MA). Melvin Capital Mgmt Limited Partnership stated it has 1.26 million shares or 1.81% of all its holdings. Colorado-based Marsico Limited Liability Corporation has invested 0.29% in Mastercard Incorporated (NYSE:MA). Forte Capital Ltd Llc Adv reported 51,292 shares.

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

Beck Mack & Oliver Llc, which manages about $5.32B and $3.05B US Long portfolio, decreased its stake in San Juan Basin Rtubi (NYSE:SJT) by 374,176 shares to 1.54M shares, valued at $12.70M in 2017Q4, according to the filing. It also reduced its holding in American Express Co (NYSE:AXP) by 12,366 shares in the quarter, leaving it with 343,009 shares, and cut its stake in Markel Corp Com (NYSE:MKL).

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. Sequoia Fincl Advsrs Limited Liability Corp stated it has 0.5% of its portfolio in CenturyLink, Inc. (NYSE:CTL). Veritable Lp reported 0.01% of its portfolio in CenturyLink, Inc. (NYSE:CTL). Duff And Phelps Inv Management reported 0.19% in CenturyLink, Inc. (NYSE:CTL). Sg Americas Lc holds 0.06% or 412,635 shares in its portfolio. Groesbeck Management Corp Nj has invested 1.11% of its portfolio in CenturyLink, Inc. (NYSE:CTL). Amer International Gru accumulated 486,265 shares. Rhumbline Advisers holds 1.74 million shares. Cubist Systematic Strategies Lc has 0.07% invested in CenturyLink, Inc. (NYSE:CTL). Tiverton Asset Mgmt Ltd Limited Liability Company reported 40,900 shares. Manchester Limited Liability Corp reported 1,234 shares. Old Point Trust And Svcs N A holds 68,796 shares. Pub Employees Retirement Association Of Colorado holds 181,546 shares. Farmers And Merchants invested in 0.01% or 4,748 shares. Zacks Investment Management invested in 0.01% or 25,230 shares. Wellington Shields Cap Management Limited Liability Corp holds 66,762 shares or 0.17% of its portfolio.

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. SunTrust maintained the shares of CTL in report on Thursday, November 9 with “Hold” rating. The stock has “Neutral” rating by Goldman Sachs on Monday, January 8. Cowen & Co maintained the stock with “Hold” rating in Thursday, February 15 report. The rating was maintained by RBC Capital Markets with “Hold” on Friday, May 26. The stock of CenturyLink, Inc. (NYSE:CTL) earned “Buy” rating by Oppenheimer on Thursday, August 10. Jefferies upgraded the stock to “Hold” rating in Friday, July 31 report. The company was downgraded on Monday, July 18 by Morgan Stanley. The stock has “Buy” rating by UBS on Thursday, August 6. On Friday, December 15 the stock rating was upgraded by Barclays Capital to “Equal-Weight”. The rating was initiated by Suntrust Robinson on Tuesday, December 13 with “Hold”.

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

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