Analysts See $0.28 EPS for Cross Timbers Royalty Trust (CRT); Wellington Shields Capital Management Decreased Centurylink (CTL) Holding By $1.25 Million

October 13, 2017 - By Linda Rogers

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 $11.13B valuation. The stock rose 0.35% or $0.07 reaching $20.32. About 12.91M shares traded or 26.69% up from the average. Centurylink Inc (NYSE:CTL) has declined 7.62% since October 13, 2016 and is downtrending. It has underperformed by 24.32% the S&P500.

Analysts expect Cross Timbers Royalty Trust (NYSE:CRT) to report $0.28 EPS on November, 7.They anticipate $0.01 EPS change or 3.70% from last quarter’s $0.27 EPS. T_CRT’s profit would be $1.68 million giving it 13.00 P/E if the $0.28 EPS is correct. After having $0.28 EPS previously, Cross Timbers Royalty Trust’s analysts see 0.00% EPS growth. The stock increased 0.41% or $0.06 on October 13, reaching $14.56. About 9,618 shares traded. Cross Timbers Royalty Trust (NYSE:CRT) has declined 7.25% since October 13, 2016 and is downtrending. It has underperformed by 23.95% the S&P500.

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. Old Point Tru And Services N A holds 90,712 shares or 1.26% of its portfolio. Oppenheimer stated it has 0.32% of its portfolio in Centurylink Inc (NYSE:CTL). Citadel Advsr Llc owns 49,402 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 442,983 shares stake. Eaton Vance Mngmt has 12,640 shares for 0% of their portfolio. Conning Incorporated, a Connecticut-based fund reported 13,944 shares. Hanson And Doremus Management holds 68,955 shares or 0.61% of its portfolio. First Tru Advsrs Lp invested in 4.37M shares. Riggs Asset Managment Communications invested in 0% or 1 shares. 1,853 are held by North Star Invest. The Ohio-based Cleararc Capital has invested 0.05% in Centurylink Inc (NYSE:CTL). Reilly Fin Limited Co holds 1,373 shares or 0.01% of its portfolio. Synovus reported 0.11% of its portfolio in Centurylink Inc (NYSE:CTL). Texas Permanent School Fund stated it has 154,200 shares or 0.05% of all its holdings. Gulf Bankshares (Uk) reported 171,401 shares stake.

Among 19 analysts covering Centurylink Inc. (NYSE:CTL), 4 have Buy rating, 2 Sell and 13 Hold. Therefore 21% are positive. Centurylink Inc. had 44 analyst reports since July 31, 2015 according to SRatingsIntel. Raymond James downgraded the shares of CTL in report on Friday, October 28 to “Mkt Perform” rating. The stock of Centurylink Inc (NYSE:CTL) earned “Buy” rating by Oppenheimer on Thursday, August 10. Cowen & Co initiated the shares of CTL in report on Tuesday, October 13 with “Market Perform” rating. The firm earned “Underweight” rating on Monday, July 18 by Morgan Stanley. The stock of Centurylink Inc (NYSE:CTL) has “Hold” rating given on Friday, July 7 by RBC Capital Markets. The stock of Centurylink Inc (NYSE:CTL) earned “Overweight” rating by Morgan Stanley on Wednesday, March 29. The stock has “Neutral” rating by Citigroup on Friday, August 7. The rating was initiated by SunTrust with “Hold” on Tuesday, December 13. Deutsche Bank maintained it with “Hold” rating and $20 target in Tuesday, October 10 report. Jefferies upgraded Centurylink Inc (NYSE:CTL) on Wednesday, January 25 to “Hold” rating.

Analysts await Centurylink Inc (NYSE:CTL) to report earnings on October, 30. They expect $0.46 earnings per share, down 17.86% or $0.10 from last year’s $0.56 per share. CTL’s profit will be $251.96M for 11.04 P/E if the $0.46 EPS becomes a reality. After $0.46 actual earnings per share reported by Centurylink Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

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. Jp Morgan Chase & Co (NYSE:JPM) was raised too.

Cross Timbers Royalty Trust is an express trust. The company has market cap of $87.36 million. The net profits interests are the principal asset of the Trust. It has a 14.29 P/E ratio. The net profits interests consist of approximately 90% net profits interests, which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico, and 11.11% nonparticipating royalty interests in non-producing properties located primarily in Texas and Oklahoma.

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