Advisory Services Network buys $367,712 stake in Fluor Corporation (NEW) (FLR)

Fluor Corporation (NEW) (FLR) : Advisory Services Network scooped up 216 additional shares in Fluor Corporation (NEW) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 7,257 shares of Fluor Corporation (NEW) which is valued at $367,712.Fluor Corporation (NEW) makes up approximately 0.07% of Advisory Services Network’s portfolio.

Other Hedge Funds, Including , Exxonmobil Investment Management Inc Tx reduced its stake in FLR by selling 485 shares or 1.35% in the most recent quarter. The Hedge Fund company now holds 35,555 shares of FLR which is valued at $1,801,572. Fluor Corporation (NEW) makes up approx 0.04% of Exxonmobil Investment Management Inc Tx’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in FLR by selling 3,804 shares or 4.33% in the most recent quarter. The Hedge Fund company now holds 84,111 shares of FLR which is valued at $4,317,418. Fluor Corporation (NEW) makes up approx 0.02% of Bnp Paribas Arbitrage Sa’s portfolio.Chevy Chase Trust Holdings reduced its stake in FLR by selling 2,373 shares or 1.18% in the most recent quarter. The Hedge Fund company now holds 198,984 shares of FLR which is valued at $10,213,849. Fluor Corporation (NEW) makes up approx 0.06% of Chevy Chase Trust Holdings’s portfolio.Independent Portfolio Consultants boosted its stake in FLR in the latest quarter, The investment management firm added 290 additional shares and now holds a total of 1,345 shares of Fluor Corporation (NEW) which is valued at $69,039. Fluor Corporation (NEW) makes up approx 0.02% of Independent Portfolio Consultants’s portfolio.Washington Trust Bank reduced its stake in FLR by selling 76 shares or 80.85% in the most recent quarter. The Hedge Fund company now holds 18 shares of FLR which is valued at $924.

Fluor Corporation (NEW) closed down -0.68 points or -1.32% at $50.67 with 15,17,848 shares getting traded on Friday. Post opening the session at $51.23, the shares hit an intraday low of $50.56 and an intraday high of $51.41 and the price fluctuated in this range throughout the day.Shares ended Friday 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.

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.

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