1 week Ago By ABMN Staff
Oregon Public Employees Retirement Fund cut its holdings in Fluor Co. ( NYSE:FLR – Free Report ) by 15.6% during the second quarter, HoldingsChannel reports.
The firm owned 35,514 shares of the construction company’s stock after selling 6,543 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Fluor were worth $1,547,000 as of its most recent filing with the SEC. Other hedge funds have also made changes to their positions in the company.
GAMMA Investing LLC increased its position in Fluor by 46.4% in the 2nd quarter. GAMMA Investing LLC now owns 899 shares of the construction company’s stock valued at $39,000 after acquiring an additional 285 shares during the period.
Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Fluor by 0.
4% during the first quarter. Mirae Asset Global Investments Co. Ltd.
now owns 64,780 shares of the construction company’s stock worth $2,739,000 after purchasing an additional 286 shares during the last quarter. Lesa Sroufe & Co lifted its holdings in shares of Fluor by 0.6% during the first quarter.
Lesa Sroufe & Co now owns 50,950 shares of the construction company’s stock worth $2,154,000 after purchasing an additional 312 shares during the period. Parallel Advisors LLC grew its position in Fluor by 19.6% in the 4th quarter.
Parallel Advisors LLC now owns 2,053 shares of the construction company’s stock valued at $80,000 after buying an additional 337 shares during the last quarter. Finally, Spire Wealth Management increased its stake in Fluor by 59.2% in the 4th quarter.
Spire Wealth Management now owns 1,008 shares of the construction company’s stock valued at $37,000 after buying an additional 375 shares during the period. Institutional investors and hedge funds own 88.07% of the company’s stock.
Insider Activity In related news, CAO John C. Regan sold 13,000 shares of Fluor stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $48.
31, for a total transaction of $628,030.00. Following the completion of the transaction, the chief accounting officer now directly owns 55,965 shares in the company, valued at approximately $2,703,669.
15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Company insiders own 1.
70% of the company’s stock. Analyst Upgrades and Downgrades Read Our Latest Stock Report on Fluor Fluor Stock Down 4.8 % FLR opened at $44.
04 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.
77 and a current ratio of 1.77. The company has a market cap of $7.
54 billion, a price-to-earnings ratio of 25.60, a PEG ratio of 2.16 and a beta of 1.
91. Fluor Co. has a one year low of $32.
31 and a one year high of $51.64. The business’s fifty day moving average is $47.
49 and its two-hundred day moving average is $43.05. Fluor ( NYSE:FLR – Get Free Report ) last released its quarterly earnings data on Friday, August 2nd.
The construction company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.68 by $0.
17. Fluor had a net margin of 2.62% and a return on equity of 25.
02%. The business had revenue of $4.23 billion for the quarter, compared to analyst estimates of $4.
34 billion. During the same period in the previous year, the firm earned $0.76 EPS.
The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. Analysts anticipate that Fluor Co.
will post 2.9 EPS for the current fiscal year. About Fluor ( Free Report ) Fluor Corporation provides engineering, procurement, and construction (EPC); fabrication and modularization; operation and maintenance; asset integrity; and project management services worldwide.
The company operates through Energy Solutions, Urban Solutions, Mission Solutions, and Other segments. The Energy Solutions segment provides solutions to the energy transition markets, including asset decarbonization, carbon capture, renewable fuels, waste-to-energy, green chemicals, hydrogen, nuclear power, and other low-carbon energy sources. Further Reading Want to see what other hedge funds are holding FLR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Fluor Co. ( NYSE:FLR – Free Report ). Receive News & Ratings for Fluor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fluor and related companies with MarketBeat.
com's FREE daily email newsletter ..
