Centurylink (CTL) Stake Held by Evercore Wealth Management Llc; Capstone Financial Advisors Holding in Grainger W W (GWW) Decreased by $6.36 Million – The Moveefy


W.W. Grainger, Inc. (NYSE:GWW) Logo

Evercore Wealth Management Llc increased its stake in Centurylink Inc (CTL) by 106.28% based on its latest 2018Q3 regulatory filing with the SEC. Evercore Wealth Management Llc bought 15,350 shares as the company’s stock declined 21.82% with the market. The institutional investor held 29,793 shares of the public utilities company at the end of 2018Q3, valued at $631,000, up from 14,443 at the end of the previous reported quarter. Evercore Wealth Management Llc who had been investing in Centurylink Inc for a number of months, seems to be bullish on the $17.58B market cap company. The stock increased 1.69% or $0.27 during the last trading session, reaching $16.27. About 12.74M shares traded or 4.58% up from the average. CenturyLink, Inc. (NYSE:CTL) has risen 20.92% since January 13, 2018 and is uptrending. It has outperformed by 20.92% the S&P500. Some Historical CTL News: 09/05/2018 – CenturyLink 1Q EPS 11c; 06/03/2018 – CENTURYLINK INC – BRUCE HANKS HAS BEEN APPOINTED AS LEAD INDEPENDENT DIRECTOR; 05/04/2018 – CENTURYLINK HOLDER TEMASEK BOOSTED STAKE TO 11.0%; 03/05/2018 – Kaskela Law LLC Announces Investigation of Globalstar, Inc. on Behalf of Stockholders – GSAT; 06/03/2018 – CENTURYLINK INC – PRESIDENT AND CHIEF OPERATING OFFICER JEFF STOREY WILL BECOME CENTURYLINK’S CEO AND PRESIDENT EFFECTIVE AT TIME OF POST’S RETIREMENT; 06/03/2018 – CENTURYLINK INC – HARVEY PERRY WILL REMAIN IN HIS ROLE AS CHAIRMAN OF BOARD; 03/04/2018 – CenturyLink takes cyber intelligence to the next level with expanded view of threatscape; 21/05/2018 – Kansas City Southern Announces Operations, Labor Relations and Legal Appointments; 27/04/2018 – Orlando Magic and CenturyLink Team Up to Recognize Students Through STEM All-Stars Program; 27/03/2018 – CenturyLink Controller David D. Cole to Step Down April 8

Capstone Financial Advisors Inc decreased its stake in Grainger W W Inc (GWW) by 66.03% based on its latest 2018Q3 regulatory filing with the SEC. Capstone Financial Advisors Inc sold 17,824 shares as the company’s stock declined 18.99% with the market. The institutional investor held 9,169 shares of the consumer services company at the end of 2018Q3, valued at $3.28 million, down from 26,993 at the end of the previous reported quarter. Capstone Financial Advisors Inc who had been investing in Grainger W W Inc for a number of months, seems to be less bullish one the $16.02B market cap company. The stock increased 0.00% or $0.01 during the last trading session, reaching $284.5. About 287,189 shares traded. W.W. Grainger, Inc. (NYSE:GWW) has risen 28.36% since January 13, 2018 and is uptrending. It has outperformed by 28.36% the S&P500. Some Historical GWW News: 19/04/2018 – W W GRAINGER INC – EXPECTS 2018 SALES GROWTH OF 5 TO 8 PERCENT AND EARNINGS PER SHARE OF $14.30 TO $15.30; 25/04/2018 – W W GRAINGER INC GWW.N INCREASES QUARTERLY CASH DIVIDEND BY 6.3 PCT TO $1.36/SHR; 09/04/2018 – W W GRAINGER INC GWW.N : BMO RAISES TARGET PRICE TO $247 FROM $242; 02/04/2018 – W W GRAINGER – MOST RECENTLY, OKRAY SERVED AS EVP AND CFO FOR ADVANCE AUTO PARTS; 02/04/2018 – W W GRAINGER INC – JOSEPH HIGH TO RETIRE AS CHIEF PEOPLE OFFICER; 02/04/2018 – W.W. Grainger: Chief People Officer Joseph High to Retire; 19/04/2018 – WW Grainger 1Q Adj EPS $4.18; 19/04/2018 – WW Grainger Raises Year Sales Guidance to Range of 5% to 8%; 19/04/2018 – WW Grainger 1Q Net $231.5M; 30/05/2018 – GRAINGER’S HEAD OF COMMUNICATIONS AND INVESTOR RELATIONS TO RETIRE

Since August 13, 2018, it had 1 buy, and 3 sales for $7.76 million activity. The insider Trezise Scott sold 53,164 shares worth $1.00M. 8,207 shares were bought by CLONTZ STEVEN T, worth $141,160.

Evercore Wealth Management Llc, which manages about $4.87 billion and $3.13B US Long portfolio, decreased its stake in Amgen Inc (NASDAQ:AMGN) by 2,299 shares to 22,729 shares, valued at $4.71M in 2018Q3, according to the filing. It also reduced its holding in Wisdomtree Tr (DLN) by 28,386 shares in the quarter, leaving it with 328,157 shares, and cut its stake in Jabil Inc (NYSE:JBL).

More notable recent CenturyLink, Inc. (NYSE:CTL) news were published by: Seekingalpha.com which released: “CenturyLink -11%; Cowen trims due to ‘revenue erosion’ – Seeking Alpha” on November 09, 2018, also Investorplace.com with their article: “7 High Yielding, High-Risk Stocks With Long-Term Potential – Investorplace.com” published on January 02, 2019, Seekingalpha.com published: “CenturyLink: Market Remains Wrong On This 13% Yielder – Seeking Alpha” on December 15, 2018. More interesting news about CenturyLink, Inc. (NYSE:CTL) were released by: Seekingalpha.com and their article: “What’s Next For CenturyLink’s 10% Yield? – Seeking Alpha” published on September 11, 2018 as well as Seekingalpha.com‘s news article titled: “The Impact Of CenturyLink Network Problems – Seeking Alpha” with publication date: December 31, 2018.

Investors sentiment increased to 1.32 in Q3 2018. Its up 0.22, from 1.1 in 2018Q2. It improved, as 39 investors sold CTL shares while 182 reduced holdings. 94 funds opened positions while 198 raised stakes. 785.39 million shares or 2.54% less from 805.85 million shares in 2018Q2 were reported. Credit Agricole S A, France-based fund reported 6 shares. Underhill Invest Management Ltd Liability Company reported 432,925 shares. Thomasville National Bank has 0.15% invested in CenturyLink, Inc. (NYSE:CTL) for 43,825 shares. Cibc World Markets reported 24,282 shares or 0% of all its holdings. Asset holds 0.19% or 76,367 shares in its portfolio. Beck Mack And Oliver Lc accumulated 4.36% or 6.47 million shares. Intrust Savings Bank Na holds 0.16% or 28,867 shares in its portfolio. Earnest Prtn Limited Liability Company owns 505 shares. Vident Investment Advisory Limited Liability Company holds 0.16% or 195,490 shares in its portfolio. Visionary Asset Mgmt Inc has invested 0.9% in CenturyLink, Inc. (NYSE:CTL). Greatmark Investment Prns Incorporated holds 0.56% in CenturyLink, Inc. (NYSE:CTL) or 83,875 shares. Perigon Wealth Mgmt Ltd Liability has 12,308 shares. Tocqueville Asset Limited Partnership holds 0.06% or 206,380 shares in its portfolio. Girard Ltd has 2,375 shares for 0.01% of their portfolio. Dsam (London) invested 0.05% of its portfolio in CenturyLink, Inc. (NYSE:CTL).

Among 23 analysts covering Centurylink Inc. (NYSE:CTL), 8 have Buy rating, 3 Sell and 12 Hold. Therefore 35% are positive. Centurylink Inc. had 66 analyst reports since July 31, 2015 according to SRatingsIntel. Jefferies upgraded the stock to “Buy” rating in Tuesday, June 26 report. The rating was maintained by Citigroup on Friday, August 7 with “Neutral”. The stock of CenturyLink, Inc. (NYSE:CTL) has “Buy” rating given on Thursday, August 6 by UBS. On Thursday, August 9 the stock rating was maintained by Citigroup with “Neutral”. The firm has “Outperform” rating by Oppenheimer given on Friday, November 10. The rating was initiated by Suntrust Robinson on Tuesday, December 13 with “Hold”. Jefferies maintained it with “Hold” rating and $17.0 target in Thursday, November 9 report. UBS maintained CenturyLink, Inc. (NYSE:CTL) rating on Thursday, November 9. UBS has “Buy” rating and $22 target. Raymond James downgraded CenturyLink, Inc. (NYSE:CTL) on Monday, May 15 to “Underperform” rating. Raymond James downgraded the stock to “Mkt Perform” rating in Friday, October 28 report.

Analysts await W.W. Grainger, Inc. (NYSE:GWW) to report earnings on January, 24 before the open. They expect $3.58 earnings per share, up 21.77% or $0.64 from last year’s $2.94 per share. GWW’s profit will be $201.63M for 19.87 P/E if the $3.58 EPS becomes a reality. After $4.19 actual earnings per share reported by W.W. Grainger, Inc. for the previous quarter, Wall Street now forecasts -14.56% negative EPS growth.

Since July 30, 2018, it had 0 insider purchases, and 3 selling transactions for $6.40 million activity. The insider Tapia Eric R sold 1,534 shares worth $518,784. $5.52M worth of stock was sold by HOWARD JOHN L on Wednesday, August 22.

Capstone Financial Advisors Inc, which manages about $1.12 billion and $402.49 million US Long portfolio, upped its stake in Vanguard Charlotte Fds (BNDX) by 208,582 shares to 508,191 shares, valued at $27.72M in 2018Q3, according to the filing. It also increased its holding in Vanguard Bd Index Fd Inc (BND) by 164,773 shares in the quarter, for a total of 476,146 shares, and has risen its stake in Amazon Com Inc (NASDAQ:AMZN).

Among 21 analysts covering W.W. Grainger (NYSE:GWW), 2 have Buy rating, 3 Sell and 16 Hold. Therefore 10% are positive. W.W. Grainger had 122 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Stephens with “Hold” on Friday, April 13. The rating was maintained by BMO Capital Markets on Friday, March 16 with “Market Perform”. The rating was downgraded by Atlantic Securities to “” on Tuesday, November 17. The rating was maintained by Stephens with “Hold” on Thursday, April 19. The company was initiated on Tuesday, September 15 by Credit Suisse. As per Wednesday, October 19, the company rating was maintained by Credit Suisse. Stifel Nicolaus maintained W.W. Grainger, Inc. (NYSE:GWW) on Friday, January 27 with “Hold” rating. BMO Capital Markets maintained W.W. Grainger, Inc. (NYSE:GWW) rating on Monday, August 21. BMO Capital Markets has “Hold” rating and $165.0 target. Morgan Stanley downgraded the shares of GWW in report on Monday, January 11 to “Underweight” rating. The firm has “Sell” rating by RBC Capital Markets given on Tuesday, October 17.

W.W. Grainger, Inc. (NYSE:GWW) Institutional Positions Chart




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