$0.21 dividends will be a reality for Fluor Corporation (NYSE:FLR)’s shareholders on Jan 3, 2018.

December 3, 2017 - By Max Morgan

 $0.21 dividends will be a reality for Fluor Corporation (NYSE:FLR)'s shareholders on Jan 3, 2018.
Investors sentiment decreased to 1.13 in Q2 2017. Its down 0.06, from 1.19 in 2017Q1. It worsened, as 49 investors sold Fluor Corporation shares while 143 reduced holdings. 55 funds opened positions while 162 raised stakes. 116.24 million shares or 1.20% more from 114.86 million shares in 2017Q1 were reported.
Magnetar Financial Limited Liability Company holds 0% or 4,929 shares in its portfolio. Howe Rusling owns 28 shares for 0% of their portfolio. Carroll Finance stated it has 178 shares or 0% of all its holdings. Parallax Volatility Advisers L P has invested 0% in Fluor Corporation (NYSE:FLR). Dekabank Deutsche Girozentrale holds 0.04% of its portfolio in Fluor Corporation (NYSE:FLR) for 106,774 shares. Bancshares Of Montreal Can holds 41,045 shares. Campbell Inv Adviser Ltd Liability holds 9,259 shares or 0.39% of its portfolio. Boston Partners has 1.81 million shares for 0.11% of their portfolio. 9,590 were reported by Liberty Mutual Asset Mgmt Inc. Oppenheimer Asset Inc stated it has 4,889 shares or 0.01% of all its holdings. Parametric Portfolio Limited Liability Corporation reported 399,489 shares. Focused Wealth invested 0.01% of its portfolio in Fluor Corporation (NYSE:FLR). Wfg Advisors Limited Partnership invested in 239 shares or 0% of the stock. Moreover, Victory Mgmt has 0% invested in Fluor Corporation (NYSE:FLR) for 22,309 shares. Banque Pictet & Cie Sa invested 0.14% in Fluor Corporation (NYSE:FLR).

Fluor Corporation (NYSE:FLR) is expected to pay $0.21 on Jan 3, 2018. The indicated annual dividend is $0.84. Shareholders owning the stock before Dec 4, 2017 will be eligible to receive the payout. Based on Fluor Corporation’s current price of $48.67, the dividend is 0.43 %. This dividend’s record date is Dec 5, 2017 and the announcement date is Nov 1, 2017. The stock increased 0.54% or $0.26 during the last trading session, reaching $48.67. About 1.10 million shares traded. Fluor Corporation (NYSE:FLR) has declined 7.15% since December 3, 2016 and is downtrending. It has underperformed by 23.85% 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 $6.81 billion. It operates through four divisions: Energy, Chemicals & Mining; Industrial, Infrastructure & Power; Maintenance, Modification & Asset Integrity ; and Government. It has a 60.76 P/E ratio. 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 17 analysts covering Fluor Corporation (NYSE:FLR), 7 have Buy rating, 0 Sell and 10 Hold. Therefore 41% are positive. Fluor Corporation has $65 highest and $40.0 lowest target. $50.76’s average target is 4.29% above currents $48.67 stock price. Fluor Corporation had 44 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was upgraded by Johnson Rice to “Buy” on Wednesday, January 25. The stock of Fluor Corporation (NYSE:FLR) has “Outperform” rating given on Friday, February 19 by Credit Suisse. Johnson Rice downgraded Fluor Corporation (NYSE:FLR) rating on Monday, August 7. Johnson Rice has “Accumulate” rating and $48 target. Credit Suisse downgraded Fluor Corporation (NYSE:FLR) on Tuesday, November 8 to “Neutral” rating. The stock has “Hold” rating by Deutsche Bank on Friday, August 4. DA Davidson upgraded the shares of FLR in report on Thursday, June 1 to “Buy” rating. The stock has “Neutral” rating by Seaport Global Securities on Friday, October 14. The stock of Fluor Corporation (NYSE:FLR) has “Hold” rating given on Friday, November 4 by Johnson Rice. Macquarie Research maintained Fluor Corporation (NYSE:FLR) rating on Friday, February 19. Macquarie Research has “Outperform” rating and $54 target. As per Friday, November 4, the company rating was downgraded by Macquarie Research.

More news for Fluor Corporation (NYSE:FLR) were recently published by: Gurufocus.com, which released: “Summit Street Capital Management, LLC Buys Fluor Corp, Hawaiian Holdings Inc …” on November 16, 2017. Streetinsider.com‘s article titled: “Fluor Corp. (FLR) Secures Position as Design-Build Team from Massachusetts Bay …” and published on November 20, 2017 is yet another important article.

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