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
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
Meet Surus - GM's truck with autonomous and fuel cell
The platform uses the GM Hydrotec fuel system, autonomous capability, and truck chassis components for zero-emission propulsion. The platform is quiet and produces no odor when operating and is created to provide off-road mobility.

09 October 2017
Raiders Donald Penn involved in altercation with fans in Coliseum parking lot
With enough issues on the field, the Raiders found a new one off the gridiron between player and fans in the Coliseum parking lot. Shortly after the video came out, Raiders punter Marquette King sent a tweet of a goat emoji and Penn's Twitter handle.

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
Remnants of Hurricane Nate to bring unseasonable weather, rain
There will be some sunnier intervals from time to time, but a few scattered showers can't entirely be ruled out any day either. Monday night into Tuesday we will slowly dry out, as the remnants of Nate push northeast into New England and out to sea.

09 October 2017
Melbourne man reunited with his dog seven years on
Sadly, the person who had taken the now nine-year-old dog to the vets had also taken her back home with them. But the real battle was against bureaucracy as Jim tried to get his pup home.

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
Hong Kong American Airlines Fire
The flight was scheduled to depart Hong Kong at 6:10 p.m. local time and arrive at Los Angeles at 4:30 p.m. local time. U87/APThe airline and its local ramp service vendor are now investigating the cause of the malfunction.

09 October 2017
Cytori Therapeutics Inc (CYTX) Valuation According To Analysts
For CYTX , the company now has 9.46 million of cash on the books, which is offset by 6.74 million in current liabilities. There are advantages to using a moving average in your trading, as well options on what type of moving average to use.