Wellington Shields Capital Management Decreased By $1.25 Million Its Centurylink (CTL) Stake; Spirit Realty Capital, Inc. (SRC) Covered By 8 Bulls

December 9, 2017 - By Marguerite Chambers

Wellington Shields Capital Management Llc decreased Centurylink Inc (CTL) stake by 61.57% reported in 2017Q2 SEC filing. Wellington Shields Capital Management Llc sold 54,157 shares as Centurylink Inc (CTL)’s stock rose 2.43%. The Wellington Shields Capital Management Llc holds 33,798 shares with $807,000 value, down from 87,955 last quarter. Centurylink Inc now has $15.68B valuation. The stock increased 4.04% or $0.57 during the last trading session, reaching $14.67. About 15.07M shares traded or 3.17% up from the average. CenturyLink, Inc. (NYSE:CTL) has declined 7.62% since December 9, 2016 and is downtrending. It has underperformed by 24.32% the S&P500.

Among 17 analysts covering Spirit Realty Capital (NYSE:SRC), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Spirit Realty Capital had 46 analyst reports since July 23, 2015 according to SRatingsIntel. As per Monday, November 13, the company rating was maintained by Ladenburg. Deutsche Bank maintained the stock with “Buy” rating in Friday, August 7 report. On Friday, August 7 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. As per Wednesday, January 4, the company rating was initiated by FBR Capital. Mizuho initiated Spirit Realty Capital, Inc. (NYSE:SRC) on Friday, October 14 with “Buy” rating. Mizuho maintained the shares of SRC in report on Friday, October 20 with “Buy” rating. The stock has “Neutral” rating by Ladenburg Thalmann on Friday, May 5. RBC Capital Markets maintained the shares of SRC in report on Friday, August 4 with “Sector Perform” rating. The firm earned “Underperform” rating on Friday, May 5 by Mizuho. The stock has “Hold” rating by Ladenburg on Thursday, November 2. See Spirit Realty Capital, Inc. (NYSE:SRC) latest ratings:

14/11/2017 Broker: FBR Capital Rating: Buy New Target: $9.0
13/11/2017 Broker: Ladenburg Rating: Hold Maintain
10/11/2017 Broker: Robert W. Baird Old Rating: Outperform New Rating: Neutral Downgrade
02/11/2017 Broker: SunTrust Rating: Hold New Target: $8.5 Maintain
02/11/2017 Broker: Ladenburg Rating: Hold Maintain
20/10/2017 Broker: Mizuho Rating: Buy New Target: $9.0 Maintain
20/10/2017 Broker: Deutsche Bank Rating: Buy New Target: $11.0
31/08/2017 Broker: Mizuho Old Rating: Neutral New Rating: Buy Upgrade
16/08/2017 Broker: Bank of America Old Rating: Underperform New Rating: Buy Upgrade
04/08/2017 Broker: RBC Capital Markets Rating: Sector Perform Old Target: $8.00 New Target: $9.00 Maintain

Investors sentiment decreased to 0.98 in 2017 Q2. Its down 0.42, from 1.4 in 2017Q1. It dropped, as 53 investors sold Spirit Realty Capital, Inc. shares while 82 reduced holdings. 52 funds opened positions while 80 raised stakes. 425.47 million shares or 8.88% less from 466.96 million shares in 2017Q1 were reported. Walleye Trading Limited holds 0% of its portfolio in Spirit Realty Capital, Inc. (NYSE:SRC) for 89,696 shares. Teacher Retirement System Of Texas owns 0.04% invested in Spirit Realty Capital, Inc. (NYSE:SRC) for 699,613 shares. Comerica Bancshares holds 0% of its portfolio in Spirit Realty Capital, Inc. (NYSE:SRC) for 41,075 shares. Honeywell Interest invested 0.03% in Spirit Realty Capital, Inc. (NYSE:SRC). Strs Ohio invested in 623,933 shares or 0.02% of the stock. Wfg Limited Partnership has 7,333 shares for 0.01% of their portfolio. Invesco Ltd has 0% invested in Spirit Realty Capital, Inc. (NYSE:SRC). Telos Capital, a California-based fund reported 49,633 shares. Nuveen Asset Management Ltd Liability Co invested in 0.01% or 196,451 shares. Wells Fargo & Mn reported 470,847 shares or 0% of all its holdings. Guggenheim Cap Ltd Liability Corp invested 0.01% of its portfolio in Spirit Realty Capital, Inc. (NYSE:SRC). Lasalle Inv Secs Limited Liability has invested 2.11% in Spirit Realty Capital, Inc. (NYSE:SRC). Prelude Cap Management holds 226,915 shares. Nomura Asset Mngmt Communication owns 0.03% invested in Spirit Realty Capital, Inc. (NYSE:SRC) for 315,000 shares. Ubs Asset Americas, Illinois-based fund reported 1.03M shares.

The stock increased 1.08% or $0.09 during the last trading session, reaching $8.45. About 2.06 million shares traded. Spirit Realty Capital, Inc. (NYSE:SRC) has declined 36.20% since December 9, 2016 and is downtrending. It has underperformed by 52.90% the S&P500.

Spirit Realty Capital, Inc. is a publicly traded real estate investment trust. The company has market cap of $3.85 billion. The firm primarily acquires across the United States single tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits. It has a 98.26 P/E ratio. The firm was formerly known as Spirit Finance Corp.

Analysts await CenturyLink, Inc. (NYSE:CTL) to report earnings on February, 14. They expect $0.34 earnings per share, down 37.04% or $0.20 from last year’s $0.54 per share. CTL’s profit will be $363.45 million for 10.79 P/E if the $0.34 EPS becomes a reality. After $0.42 actual earnings per share reported by CenturyLink, Inc. for the previous quarter, Wall Street now forecasts -19.05% negative EPS growth.

Among 20 analysts covering Centurylink Inc. (NYSE:CTL), 5 have Buy rating, 2 Sell and 13 Hold. Therefore 25% are positive. Centurylink Inc. had 53 analyst reports since July 31, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Friday, November 10 by Oppenheimer. The stock of CenturyLink, Inc. (NYSE:CTL) earned “Hold” rating by SunTrust on Thursday, November 9. The rating was downgraded by Jefferies to “Underperform” on Thursday, March 17. RBC Capital Markets maintained the stock with “Hold” rating in Sunday, September 17 report. Suntrust Robinson initiated the stock with “Hold” rating in Tuesday, December 13 report. The rating was maintained by Barclays Capital on Wednesday, October 4 with “Underweight”. On Wednesday, March 29 the stock rating was maintained by Morgan Stanley with “Overweight”. Morgan Stanley maintained the stock with “Overweight” rating in Wednesday, August 23 report. Oppenheimer maintained the shares of CTL in report on Thursday, August 3 with “Buy” rating. Jefferies maintained CenturyLink, Inc. (NYSE:CTL) on Tuesday, October 3 with “Hold” rating.

Investors sentiment decreased to 1.08 in Q2 2017. Its down 0.22, from 1.3 in 2017Q1. It dropped, as 67 investors sold CTL shares while 185 reduced holdings. 81 funds opened positions while 191 raised stakes. 444.41 million shares or 7.85% more from 412.05 million shares in 2017Q1 were reported. Moreover, Bluefin Trading Ltd Com has 0.02% invested in CenturyLink, Inc. (NYSE:CTL) for 8,786 shares. Virtus Advisers holds 0.02% or 6,587 shares in its portfolio. Auxier Asset Mngmt holds 56,600 shares. And Mgmt reported 0% stake. Old Point And Ser N A invested 1.26% of its portfolio in CenturyLink, Inc. (NYSE:CTL). Schwab Charles Investment Mngmt reported 2.42M shares. Wells Fargo Mn invested in 0.02% or 2.09M shares. Bollard Limited Company reported 13,978 shares or 0.02% of all its holdings. Oregon Pub Employees Retirement Fund, Oregon-based fund reported 132,402 shares. Commerzbank Aktiengesellschaft Fi holds 0.04% of its portfolio in CenturyLink, Inc. (NYSE:CTL) for 111,840 shares. Wealth Enhancement Advisory Ser reported 0.13% in CenturyLink, Inc. (NYSE:CTL). Rampart Mgmt Lc holds 7,179 shares. Caisse De Depot Et Placement Du Quebec reported 395,627 shares. Ngam Advsr Ltd Partnership holds 0.02% or 71,817 shares. Moreover, Twin Tree Mngmt Lp has 0% invested in CenturyLink, Inc. (NYSE:CTL) for 14,610 shares.

Wellington Shields Capital Management Llc increased Superior Energy Services Inc. (NYSE:SPN) stake by 36,480 shares to 81,810 valued at $853,000 in 2017Q2. It also upped Alibaba Group Holding Ltd (NYSE:BABA) stake by 18,650 shares and now owns 28,545 shares. Crown Castle International Cor (NYSE:CCI) was raised too.

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