As Fluor (FLR) Share Value Declined, Shareholder Becker Capital Management Cut Its Holding; Regal Investment Advisors Has Decreased Visa (V) Position by $2.10 Million as Shares Rose

June 14, 2018 - By Darrin Black

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Becker Capital Management Inc decreased its stake in Fluor Corp (FLR) by 61.8% based on its latest 2018Q1 regulatory filing with the SEC. Becker Capital Management Inc sold 392,738 shares as the company’s stock declined 17.16% with the market. The institutional investor held 242,750 shares of the military and government and technical company at the end of 2018Q1, valued at $13.89M, down from 635,488 at the end of the previous reported quarter. Becker Capital Management Inc who had been investing in Fluor Corp for a number of months, seems to be less bullish one the $6.88B market cap company. The stock decreased 1.08% or $0.535 during the last trading session, reaching $48.905. About 803,970 shares traded. Fluor Corporation (NYSE:FLR) has risen 7.11% since June 14, 2017 and is uptrending. It has underperformed by 5.46% the S&P500. Some Historical FLR News: 03/05/2018 – Fluor Sees FY EPS $2.10-EPS $2.50; 03/05/2018 – FLUOR CORP – RESULTS FOR QUARTER INCLUDE AN AFTER-TAX CHARGE OF APPROXIMATELY $96 MLN, OR $0.69 PER DILUTED SHARE; 15/05/2018 – DZ Bank Adds Fluor, Exits Macquarie Infrastructure: 13F; 27/03/2018 – FLUOR GETS FRONT-END ENGINEERING & DESIGN & PROJECT MANAGEMENT; 30/04/2018 – Stork Awarded Shell Southern North Sea Technical Support Contract; 06/04/2018 – Fluor Closes Below 50-Day Moving Average: Technicals; 18/04/2018 – FLUOR CORP – PROGRAM IS SCHEDULED TO BE COMPLETED IN 2022; 19/04/2018 – Fluor’s Top-Valued Work Spans Ethylene, LNG Production and NGCC Plants, an Industrial Info News Alert; 30/05/2018 – S&PGR Affirms Fluor Corp. ‘A-‘ Rating; Outlook Stable; 25/05/2018 – ADVISORY-Dated alert on Fluor’s quarterly share loss withdrawn

Regal Investment Advisors Llc decreased its stake in Visa Inc (V) by 87.5% based on its latest 2018Q1 regulatory filing with the SEC. Regal Investment Advisors Llc sold 17,611 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 2,516 shares of the business services company at the end of 2018Q1, valued at $301,000, down from 20,127 at the end of the previous reported quarter. Regal Investment Advisors Llc who had been investing in Visa Inc for a number of months, seems to be less bullish one the $302.32B market cap company. The stock increased 0.43% or $0.58 during the last trading session, reaching $134.98. About 4.44M shares traded. Visa Inc. (NYSE:V) has risen 38.13% since June 14, 2017 and is uptrending. It has outperformed by 25.56% the S&P500.

Becker Capital Management Inc, which manages about $3.01B US Long portfolio, upped its stake in Pfizer Inc Com (NYSE:PFE) by 90,068 shares to 1.59M shares, valued at $56.25M in 2018Q1, according to the filing. It also increased its holding in Alleghany Corp (NYSE:Y) by 580 shares in the quarter, for a total of 74,948 shares, and has risen its stake in Bunge Limited (NYSE:BG).

More notable recent Fluor Corporation (NYSE:FLR) news were published by: Businesswire.com which released: “FLR INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Fluor Corporation …” on June 11, 2018, also Globenewswire.com with their article: “The Klein Law Firm Notifies Investors of a Class Action Commenced on Behalf of Fluor Corporation Shareholders and …” published on June 11, 2018, Cnbc.com published: “FLR SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of a Class Action Involving Fluor …” on June 08, 2018. More interesting news about Fluor Corporation (NYSE:FLR) were released by: Globenewswire.com and their article: “SHAREHOLDER ALERT: Brower Piven Notifies Investors of Class Action Lawsuit And Encourages Those Who Have …” published on June 05, 2018 as well as Businesswire.com‘s news article titled: “EQUITY ALERT: Levi & Korsinsky, LLP Reminds Shareholders It Filed a Complaint to Recover Losses Suffered by …” with publication date: June 13, 2018.

Analysts await Fluor Corporation (NYSE:FLR) to report earnings on August, 2. They expect $0.69 earnings per share, down 4.17% or $0.03 from last year’s $0.72 per share. FLR’s profit will be $97.00 million for 17.72 P/E if the $0.69 EPS becomes a reality. After $0.56 actual earnings per share reported by Fluor Corporation for the previous quarter, Wall Street now forecasts 23.21% EPS growth.

Since February 23, 2018, it had 2 insider purchases, and 10 insider sales for $5.14 million activity. $1.76M worth of Fluor Corporation (NYSE:FLR) was sold by HERNANDEZ CARLOS M on Friday, February 23. Shares for $17,440 were bought by Locklear Samuel J. The insider Flowers Garry William sold $224,320. $213,547 worth of Fluor Corporation (NYSE:FLR) shares were sold by Stanski Bruce A. $2.23M worth of Fluor Corporation (NYSE:FLR) shares were bought by FLUOR PETER J. 5,553 shares valued at $319,221 were sold by Chopra Robin K on Friday, February 23.

Investors sentiment increased to 0.87 in 2018 Q1. Its up 0.04, from 0.83 in 2017Q4. It is positive, as 40 investors sold FLR shares while 154 reduced holdings. 58 funds opened positions while 110 raised stakes. 117.26 million shares or 0.89% less from 118.31 million shares in 2017Q4 were reported. Goodwin Daniel L reported 300 shares. Neuberger Berman Grp Ltd Limited Liability Company accumulated 0% or 11,800 shares. Da Davidson And invested in 53,275 shares. State Board Of Administration Of Florida Retirement Sys holds 0.03% or 200,967 shares. Ubs Asset Americas holds 0% or 511,278 shares. Westpac Corporation accumulated 26,845 shares. Stonebridge Capital, a California-based fund reported 56,272 shares. 5,190 were accumulated by Dixon Hubard Feinour Brown Va. Bowen Hanes Co Incorporated has 11,595 shares. Guggenheim Cap Limited Liability stated it has 997,894 shares or 0.14% of all its holdings. Hotchkis And Wiley Capital Lc invested 0.19% in Fluor Corporation (NYSE:FLR). California State Teachers Retirement, a California-based fund reported 262,519 shares. Signaturefd Limited Liability Company invested in 670 shares or 0% of the stock. Bnp Paribas Arbitrage owns 34,590 shares or 0% of their US portfolio. Td Asset Incorporated invested in 201,919 shares.

Among 22 analysts covering Fluor Corporation (NYSE:FLR), 9 have Buy rating, 0 Sell and 13 Hold. Therefore 41% are positive. Fluor Corporation had 67 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Overweight” rating by KeyBanc Capital Markets given on Friday, February 9. As per Friday, July 31, the company rating was maintained by Deutsche Bank. The firm has “Neutral” rating given on Friday, November 4 by Macquarie Research. As per Wednesday, January 25, the company rating was upgraded by Johnson Rice. The stock of Fluor Corporation (NYSE:FLR) earned “Outperform” rating by Credit Suisse on Thursday, February 22. The stock of Fluor Corporation (NYSE:FLR) earned “Buy” rating by Citigroup on Tuesday, February 6. The rating was maintained by Barclays Capital on Tuesday, February 27 with “Equal-Weight”. The stock of Fluor Corporation (NYSE:FLR) earned “Outperform” rating by Credit Suisse on Friday, February 19. The rating was maintained by UBS on Friday, November 3 with “Neutral”. Barclays Capital maintained Fluor Corporation (NYSE:FLR) rating on Wednesday, January 24. Barclays Capital has “Equal-Weight” rating and $57 target.

More important recent Visa Inc. (NYSE:V) news were published by: Seekingalpha.com which released: “Is It Too Late To Buy Visa Stock?” on May 17, 2018, also Fool.com published article titled: “Is Visa Inc. a Buy?”, Seekingalpha.com published: “Visa, Inc. (V) Management Presents at William Blair 2018 Growth Stock Conference (Transcript)” on June 13, 2018. More interesting news about Visa Inc. (NYSE:V) was released by: Globenewswire.com and their article: “Detailed Research: Economic Perspectives on Broadcom, Analog Devices, Visa, Pier 1 Imports, QTS Realty Trust, and …” with publication date: June 14, 2018.

Investors sentiment decreased to 0.88 in Q1 2018. Its down 0.17, from 1.05 in 2017Q4. It worsened, as 41 investors sold V shares while 684 reduced holdings. 127 funds opened positions while 513 raised stakes. 1.57 billion shares or 2.35% less from 1.61 billion shares in 2017Q4 were reported. First Financial Bank Of Hutchinson has invested 0.68% in Visa Inc. (NYSE:V). Daiwa Sb Limited has 11,470 shares for 0.4% of their portfolio. Adirondack Trust Com reported 1,929 shares stake. 113,440 were reported by Jones Lllp. Capital Wealth Planning Ltd holds 19,935 shares. Addenda Capital reported 91,798 shares. has invested 0.15% of its portfolio in Visa Inc. (NYSE:V). Factory Mutual Insur Co has invested 1.39% in Visa Inc. (NYSE:V). City Hldg Co reported 11,946 shares stake. Roosevelt Invest Grp Incorporated holds 1.04% of its portfolio in Visa Inc. (NYSE:V) for 92,266 shares. Redmond Asset Mgmt Limited Liability has 31,346 shares. Whitnell & holds 0.05% or 1,070 shares. Financial Architects stated it has 0.31% of its portfolio in Visa Inc. (NYSE:V). Shelton Mgmt holds 21,894 shares or 0.17% of its portfolio. Thompson Siegel & Walmsley Limited Liability Corporation invested 0.03% in Visa Inc. (NYSE:V).

Since December 15, 2017, it had 0 buys, and 3 selling transactions for $6.34 million activity. Another trade for 8,423 shares valued at $1.08M was sold by HOFFMEISTER JAMES H. The insider Biggar Lynne sold 1,712 shares worth $205,440. Another trade for 49,702 shares valued at $5.65M was made by MAHON TULLIER KELLY on Friday, December 15.

Regal Investment Advisors Llc, which manages about $657.66 million and $452.50 million US Long portfolio, upped its stake in Vanguard Index Fds (VB) by 3,226 shares to 14,787 shares, valued at $2.17 million in 2018Q1, according to the filing. It also increased its holding in Vanguard Index Fds (VO) by 2,588 shares in the quarter, for a total of 14,274 shares, and has risen its stake in Spdr Gold Trust (GLD).

Analysts await Visa Inc. (NYSE:V) to report earnings on July, 19. They expect $1.09 EPS, up 26.74% or $0.23 from last year’s $0.86 per share. V’s profit will be $2.44B for 30.96 P/E if the $1.09 EPS becomes a reality. After $1.11 actual EPS reported by Visa Inc. for the previous quarter, Wall Street now forecasts -1.80% negative EPS growth.

Fluor Corporation (NYSE:FLR) Institutional Positions Chart

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