Barclays PLC Trims Level 3 Communications, Inc. (LVLT) Target Price to $53.00

About 34,149 shares traded. Following the sale, the senior vice president now directly owns 79,133 shares of the company's stock, valued at approximately $4,549,356.17.

Want to see what other hedge funds are holding LVLT?

Vivaldi Asset Management, LLC says it bought 72,955 shares in quarter ending 06/30/2017 increasing its holdings in Level 3 Communications, 16.8%. The stock declined 0.13% or $0.07 reaching $54.98 per share. The stock has a market cap of $19.99 billion, a price-to-earnings ratio of 31.35 and a beta of 1.21. (NYSE LVLT) traded up 0.29% during trading on Monday, hitting $55.24. It has underperformed by 1.61% the S&P500. Level 3 Communications Inc now has $19.93B valuation.

Investors sentiment decreased to 0.99 in 2017 Q2. Its down 0.10, from 1.09 in 2017Q1. It fall, as 32 investors sold LVLT shares while 149 reduced holdings. Its up 2.69% from 5.50 million shares previously. Omni Prtn Limited Liability Partnership owns 340,343 shares. UBS Asset Management Americas Inc. now owns 757,440 shares of the technology company's stock worth $43,341,000 after buying an additional 87,123 shares during the period. Level 3 Communications has a 1-year low of $44.01 and a 1-year high of $64.61. (NYSE:LVLT) for 949,825 shares. Level 3 Communications had a net margin of 8.15% and a return on equity of 6.34%. BlackRock Inc. raised its stake in Level 3 Communications by 0.8% during the second quarter. Ny State Common Retirement Fund owns 73,092 shares or 0% of their U.S. portfolio. 3,823 are owned by Utd Capital Financial Advisers Limited Liability.

Minerva Advisors Llc holds 1.09% of its portfolio in Onvia, Inc. for 455,450 shares. Level 3 Communications has a consensus rating of "Hold" and a consensus target price of $61.12. Credit Suisse Ag holds 0% or 26,535 shares in its portfolio. Zacks Investment Research upgraded Level 3 Communications from a sell rating to a hold rating in a report on Monday, January 23rd. Therefore 29% are positive. On Tuesday, July 26 the stock rating was initiated by Compass Point with "Neutral". As per Thursday, July 30, the company rating was maintained by Canaccord Genuity. Inc. purchased a new position in Level 3 Communications in the 2nd quarter worth approximately $211,000. On Tuesday, November 22 the stock rating was downgraded by Moffett Nathanson to "Neutral". The brokerage now has an equal weight rating on the technology company's stock. As per Tuesday, November 1, the company rating was downgraded by Cowen & Co. The stock of TriMas Corp (NASDAQ:TRS) earned "Hold" rating by Jefferies on Thursday, June 15.

Level 3 Communications, Inc is a provider of a range of integrated communications services.

LVLT has been the subject of a number of recent research reports. During the same quarter in the prior year, the business posted $0.35 earnings per share. LVLT's profit will be $137.82M for 36.17 P/E if the $0.38 EPS becomes a reality. The company's revenue was down.1% compared to the same quarter a year ago.

More notable recent Level 3 Communications, Inc. (NYSE:LVLT). Cornerstone Advisors reported 0.08% in Level 3 Communications, Inc.

Traders are a little more bearish on shares of Level 3 Communications, Inc. lately looking at the rise in short interest. (NYSE:LVLT) were released by: and their article: "Level 3 Communications (LVLT) to Expand Cloud Footprint" published on October 04, 2017 as well as's news article titled: "CenturyLink's Yield Is Sinking Fast On Level 3 Merger Progress" with publication date: October 06, 2017. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have given a buy rating to the company's stock. The rating was upgraded by JP Morgan to "Overweight" on Tuesday, September 27. The stock of Telecom Italia SpA (ADR) (NYSE:TI) earned "Equal Weight" rating by Barclays Capital on Monday, October 17. The firm has " rating by Global Hunter Securities given on Wednesday, August 5. The company had a rise in short interest of 3.16% between August 31, 2017 and September 15, 2017.

Permian Investment Partners Lp, which manages about $823.32 million and $753.62M US Long portfolio, upped its stake in Sherwin Williams Co (NYSE:SHW) by 12,453 shares to 235,460 shares, valued at $82.64 million in 2017Q2, according to the filing. The total value of its holdings increased 5.3%.

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 FREE daily email newsletter.

Like this


09 October 2017
These foothills breweries won gold medals at the Great American Beer Festival
About the award, Masthead manager Jeff Draeger says, "We obviously are very excited to have won a medal for our Midwest Red IPA". Those lucky winners walked the stage and gave a fist bump to GABF founder Charlie Papazian as they accepted their awards.

09 October 2017
Verizon Communications Inc. (NYSE:VZ) Sees Unusual Trading Volume in Its Shares
Out of 25 Wall Street analysts rating Verizon Communications Inc., 6 give it "Buy", 0 "Sell" rating, while 19 recommend "Hold". Aull & Monroe Investment Mngmt has invested 1.76% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 63,602 shares.

09 October 2017
GM Advances Self-Driving Tech With Strobe Acquisition
Lidar sensors supplement radar and cameras and are needed for autonomous cars to function in conditions with poor visibility. Deal terms were not disclosed, and GM did not immediately respond an inquiry about details.

09 October 2017
Lights dim on Las Vegas Strip one week after massacre
Afterward, marquees across the strip displayed " When things get dark, Las Vegas shines ", including one on Mandalay Bay. A week later, investigators still haven't found a motive for Paddock's rampage.

09 October 2017
Reaffirms "Overweight" Rating for American Axle & Manufact. Holdings, Inc. (AXL)
AXL share have plunged by -6.89% in percentage terms since the start of the year - and added 19.64% in the last month. A ratio greater than one indicates an undervalued company, while a ratio less than one means a company is overvalued.

09 October 2017
Trump EPA plan will roll back Obama standards on power plant emissions
Colorado has already set its own ambitious goals to reduce its greenhouse gas emissions outside of the Clean Power Plan. However, the New York Times reports that the courts could thwart Trump's efforts to diminish environmental regulations.

09 October 2017
PSG lining up a move for Red Devils ace David de Gea
And according to French outlet Le10 Sport , PSG are now considering a move for De Gea. Therefore, PSG assesses De Gea's recruitment fee is cheaper than Oblak.

09 October 2017
Ameriprise Financial Inc. Grows Holdings in Lazard Ltd. (LAZ)
It improved, as 55 investors sold ABBV shares while 581 reduced holdings. 39 funds opened positions while 51 raised stakes. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock.

09 October 2017
Tennessee DE Darrell Taylor suspended indefinitely after fight at practice
Taylor, a redshirt sophomore from Waverly, Va., is reportedly suspended indefinitely. Coach Butch Jones will address the situation during his Monday news conference.

09 October 2017
Repeal 'ancient and outdated' Second Amendment says Michael Moore
They want to have a society where only government has guns , like they do in Russian Federation and China and North Korea. Whether we should work toward increased gun measures is continually debated after every mass shooting in this country.