Today, Fluor Corp. (FLR) to Issue Quarterly Dividend of $0.21 on January 4th

Today, Fluor Corp. (FLR) to Issue Quarterly Dividend of $0.21 on  January 4th

Fluor Corp. (NYSE:FLR) announced a quarterly dividend on Wednesday, November 2nd. Shareholders of record on Friday, December 2nd will be paid a dividend of 0.21 per share on Wednesday, January 4th. This represents a $0.84 annualized dividend and a yield of 1.55%. The ex-dividend date is Wednesday, November 30th.

Shares of Fluor Corp. (NYSE:FLR) opened at 54.06 on Tuesday. The firm has a market cap of $7.53 billion, a P/E ratio of 47.84 and a beta of 1.61. Fluor Corp. has a one year low of $39.48 and a one year high of $55.69. The firm’s 50-day moving average price is $50.54 and its 200 day moving average price is $51.18.

A number of hedge funds and other institutional investors have recently bought and sold shares of FLR. Price T Rowe Associates Inc. MD boosted its position in Fluor Corp. by 0.3% in the third quarter. Price T Rowe Associates Inc. MD now owns 261,814 shares of the company’s stock valued at $13,436,000 after buying an additional 700 shares in the last quarter. Verition Fund Management LLC acquired a new position in Fluor Corp. during the third quarter valued at $341,000. Candriam Luxembourg S.C.A. boosted its position in Fluor Corp. by 37.1% in the third quarter. Candriam Luxembourg S.C.A. now owns 11,797 shares of the company’s stock valued at $605,000 after buying an additional 3,192 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in Fluor Corp. during the third quarter valued at $7,252,000. Finally, Profund Advisors LLC boosted its position in Fluor Corp. by 1.0% in the third quarter. Profund Advisors LLC now owns 4,154 shares of the company’s stock valued at $213,000 after buying an additional 42 shares in the last quarter. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have recently commented on the company. MKM Partners set a $52.00 price objective on Fluor Corp. and gave the company a “hold” rating in a report on Friday, August 5th. DA Davidson restated a “buy” rating on shares of Fluor Corp. in a report on Tuesday, August 16th. Janney Montgomery Scott restated a “buy” rating on shares of Fluor Corp. in a report on Tuesday, August 16th. Bank of America Corp. restated a “sell” rating and set a $50.00 price objective on shares of Fluor Corp. in a report on Friday, August 5th. Finally, Credit Suisse Group AG set a $59.00 price objective on Fluor Corp. and gave the company a “buy” rating in a report on Wednesday, August 31st. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $50.23.

Fluor Corp. Company Profile

Related posts

Leave a Comment