Anderson Hoagland & Co. held its stake in Fluor Co. (NEW) (NYSE:FLR) during the first quarter, Holdings Channel reports. The fund owned 8,190 shares of the construction company’s stock at the end of the first quarter. Anderson Hoagland & Co.’s holdings in Fluor Co. (NEW) were worth $431,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Wrapmanager Inc. boosted its stake in Fluor Co. (NEW) by 0.3% in the fourth quarter. Wrapmanager Inc. now owns 6,390 shares of the construction company’s stock worth $336,000 after buying an additional 18 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Fluor Co. (NEW) by 0.4% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,982 shares of the construction company’s stock worth $419,000 after buying an additional 29 shares in the last quarter. Cullinan Associates Inc. boosted its stake in Fluor Co. (NEW) by 0.3% in the first quarter. Cullinan Associates Inc. now owns 33,000 shares of the construction company’s stock worth $1,736,000 after buying an additional 100 shares in the last quarter. SRB Corp boosted its stake in Fluor Co. (NEW) by 3.9% in the third quarter. SRB Corp now owns 2,945 shares of the construction company’s stock worth $151,000 after buying an additional 110 shares in the last quarter. Finally, Advantus Capital Management Inc boosted its stake in Fluor Co. (NEW) by 1.0% in the third quarter. Advantus Capital Management Inc now owns 13,538 shares of the construction company’s stock worth $695,000 after buying an additional 135 shares in the last quarter. 83.99% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Fluor Co. (NEW) (NYSE:FLR)

Fluor Co. (NYSE:FLR) traded up 0.123% during midday trading on Friday, hitting $50.552. The stock had a trading volume of 652,135 shares. Fluor Co. has a 1-year low of $44.05 and a 1-year high of $58.37. The stock has a market cap of $7.04 billion, a price-to-earnings ratio of 25.276 and a beta of 1.56. The company has a 50-day moving average of $52.80 and a 200-day moving average of $53.06.

Fluor Co. (NEW) (NYSE:FLR) last issued its quarterly earnings results on Friday, February 17th. The construction company reported $0.82 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.03. Fluor Co. (NEW) had a return on equity of 14.81% and a net margin of 0.87%. The firm earned $4.99 billion during the quarter, compared to the consensus estimate of $4.88 billion. During the same period last year, the business posted $0.89 EPS. The business’s revenue was up 14.2% compared to the same quarter last year. Equities research analysts forecast that Fluor Co. will post $2.89 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 4th. Shareholders of record on Thursday, March 2nd were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Tuesday, February 28th. This represents a $0.84 dividend on an annualized basis and a yield of 1.66%. Fluor Co. (NEW)’s payout ratio is currently 74.34%.

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A number of research firms recently weighed in on FLR. Credit Suisse Group AG reaffirmed a “hold” rating and set a $58.00 price target on shares of Fluor Co. (NEW) in a report on Friday, February 10th. Citigroup Inc reaffirmed a “buy” rating and set a $65.00 price target on shares of Fluor Co. (NEW) in a report on Monday, March 13th. DA Davidson reaffirmed a “neutral” rating on shares of Fluor Co. (NEW) in a report on Friday, February 10th. Canaccord Genuity reaffirmed a “hold” rating and set a $48.00 price target on shares of Fluor Co. (NEW) in a report on Wednesday, January 4th. Finally, Zacks Investment Research raised Fluor Co. (NEW) from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 4th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $55.20.

In other Fluor Co. (NEW) news, insider Robin K. Chopra sold 1,800 shares of the stock in a transaction dated Tuesday, March 14th. The stock was sold at an average price of $53.85, for a total transaction of $96,930.00. Following the completion of the sale, the insider now directly owns 8,562 shares in the company, valued at approximately $461,063.70. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ray F. Barnard sold 7,490 shares of the stock in a transaction dated Wednesday, March 1st. The stock was sold at an average price of $57.18, for a total value of $428,278.20. Following the sale, the insider now owns 68,811 shares of the company’s stock, valued at $3,934,612.98. The disclosure for this sale can be found here. Company insiders own 1.10% of the company’s stock.

Fluor Co. (NEW) Company Profile

Fluor Corporation (Fluor) is a holding company. The Company operates its business in four segments: Energy, Chemicals & Mining; Industrial, Infrastructure & Power; Government, and Maintenance, Modification & Asset Integrity (MMAI). The Company, through its subsidiaries, offers professional services providing engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, as well as project management services on a global basis.

5 Day Chart for NYSE:FLR

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