Fluor Corporation (NEW) (FLR) : Moisand Fitzgerald Tamayo has sold out all of its stake in Fluor Corporation (NEW) during the most recent quarter, according to the disclosure filed by the company on Aug 3, 2016 with the SEC. The investment management company has sold out 10 shares of Fluor Corporation (NEW) which is valued at $529.
Other Hedge Funds, Including , California Public Employees Retirement System reduced its stake in FLR by selling 10,900 shares or 2.81% in the most recent quarter. The Hedge Fund company now holds 377,012 shares of FLR which is valued at $19,940,165. Fluor Corporation (NEW) makes up approx 0.03% of California Public Employees Retirement System’s portfolio.Boston Private Wealth reduced its stake in FLR by selling 1,663 shares or 18.26% in the most recent quarter. The Hedge Fund company now holds 7,446 shares of FLR which is valued at $393,819. Fluor Corporation (NEW) makes up approx 0.02% of Boston Private Wealth’s portfolio.Shell Asset Management Co boosted its stake in FLR in the latest quarter, The investment management firm added 6,469 additional shares and now holds a total of 31,262 shares of Fluor Corporation (NEW) which is valued at $1,687,210. Fluor Corporation (NEW) makes up approx 0.04% of Shell Asset Management Co’s portfolio.Miller Howard Investments Inc Ny reduced its stake in FLR by selling 73,574 shares or 39.52% in the most recent quarter. The Hedge Fund company now holds 112,581 shares of FLR which is valued at $5,915,006. Fluor Corporation (NEW) makes up approx 0.10% of Miller Howard Investments Inc Ny’s portfolio.
Fluor Corporation (NEW) closed down -0.4 points or -0.77% at $51.54 with 13,29,968 shares getting traded on Monday. Post opening the session at $51.97, the shares hit an intraday low of $51.44 and an intraday high of $52.7099 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Fluor Corporation (NEW) reported $0.72 EPS for the quarter, missing the analyst consensus estimate by $ -0.16 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $0.88. The company had revenue of $4856.10 million for the quarter, compared to analysts expectations of $4733.48 million. The company’s revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.00 EPS.
Many Wall Street Analysts have commented on Fluor Corporation (NEW). Fluor Corporation (NEW) was Initiated by MKM Partners to “Neutral” on Jun 29, 2016.
Fluor Corporation (Fluor) is a holding company. The Company is a professional services company. The Company provides engineering procurement construction fabrication and modularization commissioning and maintenance as well as project management services. It operates in five segments: Oil & Gas Industrial & Infrastructure Government Global Services and Power. Through its Oil & Gas segment Fluor serves the oil and gas production processing and chemical and petrochemical industries. The Industrial & Infrastructure segment provides design engineering procurement construction operations and maintenance and project management services. The Government segment is a provider of engineering construction logistics and environmental and nuclear services among others. The Global Services segment provides a range of solutions to support projects across Fluor groups. In the Power segment it provides a range of services to the gas-fueled and solid-fueled markets among others.