(NEW) (FLR) Raised to Buy at Canaccord Genuity

Paterniano Del Favero
Mag 9, 2017

(NEW) by 4.8% in the third quarter. Leading position in nuclear remediation at government facilities throughout the U.S.is a positive. Annual EPS Growth of past 5 years is -10.10%.

Other equities analysts have also issued reports about the stock.

Dividend History for Fluor Co. (NEW) from a "hold" rating to a "buy" rating and set a $57.00 target price for the company in a research note on Monday, May 1st. It is negative, as 50 investors sold Fluor Corporation (NEW) shares while 170 reduced holdings. (NEW) in a report on Friday, February 10th. Credit Suisse Ag, Switzerland-based fund reported 59,657 shares. (NEW) from $49.00 to $58.00 and gave the company a "neutral" rating in a research note on Tuesday, January 31st. DA Davidson reiterated a "neutral" rating on shares of Fluor Co. Credit Suisse maintained the shares of FLR in report on Friday, February 19 with "Outperform" rating. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. The stock has "Hold" rating by Johnson Rice on Friday, November 4. The 52 week high for the share price is 58.37 while the 52 week low for the stock is 44.05. (NYSE:FLR) traded down 0.54% during trading on Monday, hitting $47.92. The latest exchange of 6.59 Million shares is above its average trading activity of 1.2 Million shares. The company has a market cap of $6.72 billion, a P/E ratio of 28.43 and a beta of 1.56. Seizert Capital Partners Llc acquired 64,029 shares as Fluor Corp New Com (FLR)'s stock rose 4.04%. Moreover, K.J. Harrison & Partners Inc has 0.6% invested in the company for 122,192 shares. Pacific Heights Asset Mngmt Ltd Liability has invested 0.54% in Fluor Corporation (NEW) (NYSE:FLR). The firm had revenue of $4.84 billion for the quarter, compared to analysts' expectations of $4.83 billion. The Artal Group Sa holds 2.00M shares with $8.24 million value, up from 500,000 last quarter. Gross margin for the quarter contracted 268 basis points over the previous year period to 3.10 percent.

The current consensus rating on Fluor Co. (NEW) announced a quarterly dividend of $0.21 1.74% with an ex dividend date of 5/31/2017 which will be payable on 7/5/2017. Investors of record on Friday, June 2nd will be issued a dividend of $0.21 per share. Fluor Co. (NEW)'s dividend payout ratio is now 74.34%. If you are accessing this report on another domain, it was copied illegally and reposted in violation of USA and worldwide trademark and copyright laws. Wrapmanager Inc. increased its position in Fluor Co. BARNARD RAY F. sold $428,288 worth of stock or 7,490 shares.

On 3/10/2015 Gary G Smalley, Insider, sold 3,883 with an average share price of $57.27 per share and the total transaction amounting to $222,379.41. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Chopra Robin K sold 1,800 shares worth $96,935. Greenwood Capital Assoc Limited Liability holds 0.06% in Fluor Corporation (NEW) (NYSE:FLR) or 3,926 shares. Following the completion of the sale, the insider now directly owns 8,562 shares in the company, valued at $461,063.70. The disclosure for this sale can be found here.

Since March 1, 2017, it had 0 buys, and 2 insider sales for $525,223 activity. With 1.25 million avg volume, 3 days are for Fluor Corporation New (NYSE:FLR)'s short sellers to cover FLR's short positions. (NEW) during the third quarter valued at $112,000. At present, 11 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data. Finally, Riverhead Capital Management LLC boosted its stake in Fluor Co. (NASDAQ:AMGN). Princeton Portfolio Strategies Grp Lc, a New Jersey-based fund reported 1,611 shares. SRB Corp now owns 2,945 shares of the construction company's stock valued at $151,000 after buying an additional 110 shares during the last quarter. Citigroup Inc reaffirmed a "buy" rating and set a $65.00 target price on shares of Fluor Co. It also reduced Celgene Corp (NASDAQ:CELG) stake by 600,000 shares and now owns 100,000 shares. (NEW) by 24.2% in the first quarter. SRB Corp now owns 2,945 shares of the construction company's stock valued at $151,000 after buying an additional 110 shares during the period. Royal National Bank Of Canada reported 1.23M shares. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.

Fluor Corporation (FLR) has reported 41.90 percent plunge in profit for the quarter ended March 31, 2017. The Firm operates its business in four divisions: Energy, Chemicals & Mining; Industrial, Infrastructure & Power; Government, and Maintenance, Modification & Asset Integrity (MMAI).

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