
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. This story originally appeared on Fintel. See all Lumen Technologies regulatory filings. With approximately 450,000 route fiber miles and serving customers in more than 60 countries, it delivers the fastest, most secure platform for applications and data to help businesses, government and communities deliver amazing experiences. Lumen is guided by its belief that humanity is at its best when technology advances the way we live and work. (This description is provided by the company.) Lumen Technologies Background Information The firm increased its portfolio allocation in LUMN by 14.03% over the last quarter.


In it's prior filing, the firm reported owning 10,613K shares, representing an increase of 55.43%. According to 9 analysts, the average rating for LUMN stock is 'Sell.' The 12-month stock price forecast is 4.31, which is an increase of 106.22 from the latest price. The firm decreased its portfolio allocation in LUMN by 69.30% over the last quarter.ĬOWZ - Pacer US Cash Cows 100 ETF holds 23,809K shares representing 2.37% ownership of the company. In it's prior filing, the firm reported owning 71,278K shares, representing a decrease of 128.00%. Temasek Holdings holds 31,262K shares representing 3.11% ownership of the company. The firm decreased its portfolio allocation in LUMN by 32.72% over the last quarter. In it's prior filing, the firm reported owning 30,959K shares, representing an increase of 1.59%. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 31,458K shares representing 3.13% ownership of the company. The firm decreased its portfolio allocation in LUMN by 32.10% over the last quarter. In it's prior filing, the firm reported owning 58,628K shares, representing a decrease of 46.99%. Southeastern Asset Management holds 39,886K shares representing 3.97% ownership of the company. The firm increased its portfolio allocation in LUMN by 87.44% over the last quarter. In it's prior filing, the firm reported owning 15,125K shares, representing an increase of 65.19%. Invesco holds 43,449K shares representing 4.32% ownership of the company. The put/call ratio of LUMN is 1.42, indicating a bearish outlook.

Total shares owned by institutions decreased in the last three months by 2.91% to 882,625K shares. Average portfolio weight of all funds dedicated to LUMN is 0.16%, a decrease of 10.71%. This is a decrease of 49 owner(s) or 3.44% in the last quarter. There are 1377 funds or institutions reporting positions in Lumen Technologies. The projected annual non-GAAP EPS is 0.76. The projected annual revenue for Lumen Technologies is 15,033MM, a decrease of 9.11%. See our leaderboard of companies with the largest price target upside. The average price target represents an increase of 97.32% from its latest reported closing price of 2.29. The forecasts range from a low of 2.52 to a high of $9.24. Fintel reports that on May 4, 2023, B of A Securities maintained coverage of Lumen Technologies (NYSE:LUMN) with a Underperform recommendation.Īnalyst Price Forecast Suggests 97.32% UpsideĪs of April 24, 2023, the average one-year price target for Lumen Technologies is 4.52.
