Sprott Position in Carbo Ceramics (CRR) Cut by $1.50 Million; Noesis Capital Mangement Has Trimmed Stake in Fluor New (FLR) by $422,688 as Stock Rose

April 19, 2018 - By Adrian Erickson

CARBO Ceramics Inc. (NYSE:CRR) Logo

Noesis Capital Mangement Corp decreased its stake in Fluor Corp New (FLR) by 5.7% based on its latest 2017Q4 regulatory filing with the SEC. Noesis Capital Mangement Corp sold 8,288 shares as the company’s stock rose 9.18% while stock markets declined. The institutional investor held 137,117 shares of the military and government and technical company at the end of 2017Q4, valued at $7.08M, down from 145,405 at the end of the previous reported quarter. Noesis Capital Mangement Corp who had been investing in Fluor Corp New for a number of months, seems to be less bullish one the $8.30 billion market cap company. The stock decreased 0.08% or $0.04 during the last trading session, reaching $59.35. About 147,671 shares traded. Fluor Corporation (NYSE:FLR) has risen 8.50% since April 19, 2017 and is uptrending. It has underperformed by 3.05% the S&P500.

Eric Sprott decreased its stake in Carbo Ceramics Inc (CRR) by 46.88% based on its latest 2017Q4 regulatory filing with the SEC. Sprott Inc sold 150,000 shares as the company’s stock declined 26.06% with the market. The hedge fund run by Eric Sprott held 170,000 shares of the capital goods company at the end of 2017Q4, valued at $1.73M, down from 320,000 at the end of the previous reported quarter. Sprott Inc who had been investing in Carbo Ceramics Inc for a number of months, seems to be less bullish one the $235.26 million market cap company. The stock increased 0.61% or $0.0518 during the last trading session, reaching $8.5818. About 93,325 shares traded. CARBO Ceramics Inc. (NYSE:CRR) has declined 36.43% since April 19, 2017 and is downtrending. It has underperformed by 47.98% the S&P500.

Analysts await Fluor Corporation (NYSE:FLR) to report earnings on May, 3 after the close. They expect $0.76 EPS, up 33.33% or $0.19 from last year’s $0.57 per share. FLR’s profit will be $106.32M for 19.52 P/E if the $0.76 EPS becomes a reality. After $0.70 actual EPS reported by Fluor Corporation for the previous quarter, Wall Street now forecasts 8.57% EPS growth.

Among 19 analysts covering Fluor Corporation (NYSE:FLR), 9 have Buy rating, 0 Sell and 10 Hold. Therefore 47% are positive. Fluor Corporation had 59 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird with “Hold” on Friday, October 6. The stock has “Outperform” rating by William Blair on Friday, August 21. FBR Capital maintained the shares of FLR in report on Friday, July 31 with “Outperform” rating. The stock of Fluor Corporation (NYSE:FLR) earned “Hold” rating by DA Davidson on Friday, August 4. KeyBanc Capital Markets maintained the shares of FLR in report on Wednesday, February 21 with “Overweight” rating. On Friday, November 3 the stock rating was maintained by UBS with “Neutral”. The firm has “Buy” rating given on Tuesday, September 19 by KeyBanc Capital Markets. On Friday, February 9 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. The rating was maintained by KeyBanc Capital Markets on Wednesday, December 13 with “Buy”. Macquarie Research maintained the shares of FLR in report on Friday, February 19 with “Outperform” rating.

Since February 23, 2018, it had 0 insider buys, and 10 insider sales for $7.38 million activity. The insider Stanski Bruce A sold 3,718 shares worth $213,547. 3,882 shares were sold by Bustamante Jose Luis M., worth $222,942 on Tuesday, March 6. De Haan Taco had sold 3,533 shares worth $205,089. On Wednesday, February 28 the insider BARNARD RAY F. sold $1.15 million. Seaton David Thomas sold $2.84 million worth of stock or 50,000 shares. Flowers Garry William also sold $224,320 worth of Fluor Corporation (NYSE:FLR) on Tuesday, March 6.

Investors sentiment increased to 0.83 in 2017 Q4. Its up 0.02, from 0.81 in 2017Q3. It improved, as 48 investors sold FLR shares while 150 reduced holdings. 60 funds opened positions while 104 raised stakes. 118.31 million shares or 2.82% more from 115.07 million shares in 2017Q3 were reported. Marshall Wace Limited Liability Partnership stated it has 48,309 shares. Associated Banc reported 38,420 shares. Michigan-based Plante Moran Advisors Ltd Limited Liability Company has invested 0.01% in Fluor Corporation (NYSE:FLR). Jacobs Levy Equity Mgmt, New Jersey-based fund reported 382,030 shares. Rhumbline Advisers accumulated 240,447 shares. Fifth Third Bancorp, Ohio-based fund reported 866 shares. Millennium Mgmt Ltd Co invested 0.01% of its portfolio in Fluor Corporation (NYSE:FLR). Ingalls & Snyder Ltd Liability accumulated 5,402 shares. Moreover, Rampart Mgmt Ltd Liability Corporation has 0.03% invested in Fluor Corporation (NYSE:FLR) for 1,740 shares. First Allied Advisory holds 0.03% or 15,459 shares in its portfolio. Laurion Cap Management Lp owns 0.02% invested in Fluor Corporation (NYSE:FLR) for 65,510 shares. Fmr Limited Com stated it has 6.17 million shares or 0.04% of all its holdings. Fjarde Ap reported 43,506 shares or 0.03% of all its holdings. Gradient Invests Lc reported 6 shares or 0% of all its holdings. Caisse De Depot Et Placement Du Quebec holds 0.32% or 2.68M shares.

Among 11 analysts covering Carbo Ceramics Inc. (NYSE:CRR), 2 have Buy rating, 1 Sell and 8 Hold. Therefore 18% are positive. Carbo Ceramics Inc. had 26 analyst reports since August 24, 2015 according to SRatingsIntel. The company was maintained on Monday, April 2 by Piper Jaffray. The firm earned “In-Line” rating on Monday, January 29 by Evercore. The stock has “Market Perform” rating by Cowen & Co on Wednesday, May 10. The firm has “Hold” rating by Piper Jaffray given on Thursday, July 27. As per Friday, July 7, the company rating was maintained by Cowen & Co. The stock of CARBO Ceramics Inc. (NYSE:CRR) earned “Market Perform” rating by Cowen & Co on Monday, February 6. The rating was maintained by Cowen & Co on Wednesday, August 30 with “Hold”. The stock of CARBO Ceramics Inc. (NYSE:CRR) earned “Sector Perform” rating by Howard Weil on Friday, October 28. The firm has “Hold” rating given on Friday, April 13 by Cowen & Co. The stock has “Hold” rating by KLR Group on Monday, December 14.

Analysts await CARBO Ceramics Inc. (NYSE:CRR) to report earnings on April, 26 before the open. They expect $-0.62 EPS, up 49.18% or $0.60 from last year’s $-1.22 per share. After $-0.65 actual EPS reported by CARBO Ceramics Inc. for the previous quarter, Wall Street now forecasts -4.62% EPS growth.

Sprott Inc, which manages about $3.27B and $342.60M US Long portfolio, upped its stake in Franco Nevada Corp (NYSE:FNV) by 5,120 shares to 113,337 shares, valued at $9.06M in 2017Q4, according to the filing. It also increased its holding in Goldcorp Inc New (NYSE:GG) by 40,440 shares in the quarter, for a total of 70,967 shares, and has risen its stake in Pretium Res Inc (NYSE:PVG).

Investors sentiment decreased to 0.91 in Q4 2017. Its down 0.59, from 1.5 in 2017Q3. It dived, as 15 investors sold CRR shares while 40 reduced holdings. 17 funds opened positions while 33 raised stakes. 18.69 million shares or 6.27% less from 19.94 million shares in 2017Q3 were reported. Northern reported 269,640 shares or 0% of all its holdings. Wells Fargo Mn accumulated 0% or 737,456 shares. Parametric Associate Ltd Liability Company invested in 139,069 shares. Creative Planning reported 0% stake. Laurion Capital Mngmt Limited Partnership invested in 37,797 shares. Dimensional Fund Advsrs Limited Partnership has 0% invested in CARBO Ceramics Inc. (NYSE:CRR) for 241,351 shares. Moreover, Blackrock has 0% invested in CARBO Ceramics Inc. (NYSE:CRR) for 2.81 million shares. Morgan Stanley accumulated 122,214 shares. Moreover, Barrow Hanley Mewhinney Strauss Ltd Liability has 0% invested in CARBO Ceramics Inc. (NYSE:CRR). Sprott reported 170,000 shares. National Bank & Trust Of America De accumulated 0% or 20,708 shares. Oz Limited Partnership stated it has 11,200 shares. Stifel Fin reported 0% of its portfolio in CARBO Ceramics Inc. (NYSE:CRR). Susquehanna Grp Limited Liability Partnership has invested 0% in CARBO Ceramics Inc. (NYSE:CRR). Mason Street Limited Company invested in 0% or 5,717 shares.

CARBO Ceramics Inc. (NYSE:CRR) Institutional Positions Chart

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