Isico-A Opened Huge Fluor Corp Position

Fluor Corporation (NYSE:FLR) Logo

Investors sentiment increased to 1.24 in Q1 2019. Its up 0.48, from 0.76 in 2018Q4. It improved, as 33 investors sold Fluor Corporation shares while 111 reduced holdings. 58 funds opened positions while 121 raised stakes. 118.49 million shares or 1.32% more from 116.95 million shares in 2018Q4 were reported.

Alps Advisors holds 0.01% or 19,951 shares in its portfolio. River And Mercantile Asset Mngmt Limited Liability Partnership holds 0.45% or 176,810 shares in its portfolio. 101,300 were accumulated by Korea. Guardian Life Co Of America holds 0% or 399 shares. Parsec Fincl Management holds 66,429 shares or 0.16% of its portfolio. 66,504 were reported by Pnc Fincl Services Grp Inc Inc. Cibc Ww Markets has 23,402 shares. Manchester Cap Mgmt Ltd Liability, Vermont-based fund reported 242 shares. 5,494 are held by Benin Mngmt. 896 are owned by Shelton Management. Regions Corporation has 0% invested in Fluor Corporation (NYSE:FLR). 17,961 were reported by Quantbot Technology Lp. Principal Financial Grp holds 207,710 shares. Numerixs Invest holds 12,800 shares or 0.06% of its portfolio. Legal & General Group Inc Plc holds 904,228 shares.

Since May 13, 2019, it had 1 buy, and 0 selling transactions for $501,786 activity.

The New Isico-A Holding in Fluor Corp

Isico-A reported SC 13D form with the SEC for Fluor Corp. Access it here: 000119312519242978. As reported by Isico-A, the filler owns 5.11% or 7,156,060 shares of the Industrials–company.

Fluor Corp stake is new for [reportingPerson]. Date of activity: September9, 2019. This shows Isico-A’s positive view for Fluor Corp.

Reasons Why Isico-A Bought – Fluor Corp Stock

Item4. Purpose of Transaction

The Reporting Persons acquired beneficial ownership of the Common Stock to which this Statement relates for investment. The Reporting Personsmay acquire additional Common Stock or other securities of the Company or sell or otherwise dispose of any or all of the Common Stock or other securities of the Company beneficially owned by them.

Although the Reporting Persons do not have any specific plan or proposal to acquire, transfer or dispose of shares of Common Stock at the timeof this filing, consistent with their investment purpose, the Reporting Persons may, either directly or through one or more affiliates, from time to time or at any time and subject to price, market and general economic and fiscal conditions andother factors, acquire or seek to acquire additional shares of Common Stock in the open market, in privately negotiated transactions or otherwise, or dispose of or seek to dispose of all or a portion of such shares of Common Stock now owned orhereafter acquired. In addition, the Reporting Persons may, either directly or through one or more affiliates, from time to time or at any time and subject to price, market and general economic and fiscal conditions and other factors, consolidate orseek to consolidate assets held by the Reporting Persons and their affiliates, including acquiring assets owned by or selling assets to the Issuer, or make changes or seek to make changes to the capital structure of the Issuer. The Reporting Personsreserve the right to change their intention with respect to any or all of the matters required to be disclosed in this Item 4.


The Reporting Persons have not made a determination regarding a maximum or minimum number ofshares of Common Stock or other securities of the Issuer that it may hold at any point in time.

Also, consistent with their investmentintent and ongoing evaluation of their investment in the Issuer and alternatives to such investment, including a potential consolidation, acquisition or sale of assets or Common Stock or changes to the Issuer’s capital structure, any of theReporting Persons may engage in communications with, without limitation, one or more stockholders of the Issuer or one or more officers of the Issuer regarding the Issuer. During the course of such communications, the Reporting Persons may advocateor oppose one or more courses of action.

Except as set forth herein and below, or as would occur upon completion of any of the mattersdiscussed herein, the Reporting Persons have no present plans or proposals that would relate to or result in any of the matters set forth in clauses (a)through (j) of Item 4 of Schedule 13D. Although the foregoing reflects activities presentlycontemplated by such persons with respect to the Issuer, the foregoing is subject to change at any time.

Fluor Corp Institutional Sentiment

Filings show 348 investors own Fluor Corp. The ownership in Q3 2017 is very high, at Infinity of the outstanding shares. This is increased by 3479457. 115068172 were owned by these investors. 35 funds opened new Fluor Corp stakes, 129 increased positions. There were 59 that closed positions and 144 reduced them.

Symons Capital Management Inc is an investor bullish on Fluor Corp, owning 300028 shares as of Q3 2017 for 3.19% of its portfolio. Ci Global Investments Inc owns 3456966 shares or 2.92% of its portfolio. NY Clark Estates Inc have 2.10% of its portfolio for 300000 shares. Further, Insight 2811 Inc reported stake worth 1.15% of its portfolio. The C5 Holowesko Partners Ltd owns 2127000 shares. Fluor Corp is 7.13% of its portfolio.

SEC Form 13D.

Analysts await Fluor Corporation (NYSE:FLR) to report earnings on November, 7. They expect $0.33 earnings per share, down 40.00 % or $0.22 from last year’s $0.55 per share. FLR’s profit will be $39.32M for 16.07 P/E if the $0.33 EPS becomes a reality. After $0.33 actual earnings per share reported by Fluor Corporation for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

The stock increased 2.22% or $0.46 during the last trading session, reaching $21.21. About 2.02M shares traded. Fluor Corporation (NYSE:FLR) has declined 35.89% since September 12, 2018 and is downtrending. It has underperformed by 35.89% the S&P500.

Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project management services worldwide. The company has market cap of $2.53 billion. It operates through four divisions: Energy, Chemicals & Mining; Industrial, Infrastructure & Power; Maintenance, Modification & Asset Integrity ; and Government. It currently has negative earnings. The Energy, Chemicals & Mining segment offers a range of design, engineering, procurement, construction, fabrication, and project management services to upstream, downstream, chemical, petrochemical, offshore and onshore gas and oil production, liquefied natural gas, pipeline, and metals and mining markets.

Fluor Corporation (NYSE:FLR) Ratings Coverage

Among 4 analysts covering Fluor (NYSE:FLR), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Fluor has $4400 highest and $1700 lowest target. $31.25’s average target is 47.34% above currents $21.21 stock price. Fluor had 10 analyst reports since April 6, 2019 according to SRatingsIntel. Citigroup maintained Fluor Corporation (NYSE:FLR) on Friday, August 2 with “Buy” rating. The rating was downgraded by Goldman Sachs to “Neutral” on Tuesday, May 7. On Thursday, May 9 the stock rating was maintained by UBS with “Buy”. The company was maintained on Thursday, August 22 by Bank of America.

More notable recent Fluor Corporation (NYSE:FLR) news were published by: which released: “Should You Investigate Fluor Corporation (NYSE:FLR) At US$31.11? – Yahoo Finance” on June 25, 2019, also with their article: “Fluor tanks ~15% on large Q1 earnings miss, CEO transition and lower EPS outlook – Seeking Alpha” published on May 02, 2019, published: “Fluor slammed by big Q2 loss; withdraws earnings guidance – Seeking Alpha” on August 01, 2019. More interesting news about Fluor Corporation (NYSE:FLR) were released by: and their article: “Fluor Completes Construction Contract for MEGlobal Project in Oyster Creek, Texas – Business Wire” published on September 09, 2019 as well as‘s news article titled: “8 Industrials Stocks Moving In Thursday’s Pre-Market Session – Benzinga” with publication date: August 22, 2019.

Fluor Corporation (NYSE:FLR) Institutional Positions Chart

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