Fluor (FLR) Stock Declined While Fairview Capital Investment Management Lowered Holding; Southwestern Energy Co (SWN) Shareholder Bridgecreek Investment Management Trimmed Its Stake

February 15, 2018 - By Darrin Black

Bridgecreek Investment Management Llc decreased its stake in Southwestern Energy Co (SWN) by 80.03% based on its latest 2017Q3 regulatory filing with the SEC. Bridgecreek Investment Management Llc sold 146,250 shares as the company’s stock declined 18.09% while stock markets rallied. The institutional investor held 36,500 shares of the oil & gas production company at the end of 2017Q3, valued at $223,000, down from 182,750 at the end of the previous reported quarter. Bridgecreek Investment Management Llc who had been investing in Southwestern Energy Co for a number of months, seems to be less bullish one the $2.13 billion market cap company. The stock increased 3.38% or $0.12 during the last trading session, reaching $3.67. About 31.70M shares traded or 29.26% up from the average. Southwestern Energy Company (NYSE:SWN) has declined 41.00% since February 15, 2017 and is downtrending. It has underperformed by 57.70% the S&P500.

Fairview Capital Investment Management Llc decreased its stake in Fluor Corp (FLR) by 74.38% based on its latest 2017Q3 regulatory filing with the SEC. Fairview Capital Investment Management Llc sold 551,806 shares as the company’s stock declined 18.75% while stock markets rallied. The hedge fund held 190,054 shares of the military and government and technical company at the end of 2017Q3, valued at $8.00M, down from 741,860 at the end of the previous reported quarter. Fairview Capital Investment Management Llc who had been investing in Fluor Corp for a number of months, seems to be less bullish one the $8.03 billion market cap company. The stock increased 2.78% or $1.55 during the last trading session, reaching $57.37. About 1.07M shares traded. Fluor Corporation (NYSE:FLR) has declined 7.15% since February 15, 2017 and is downtrending. It has underperformed by 23.85% the S&P500.

Among 18 analysts covering Fluor Corporation (NYSE:FLR), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 50% are positive. Fluor Corporation had 52 analyst reports since July 31, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Wednesday, January 24 by Barclays Capital. The stock has “Neutral” rating by Robert W. Baird on Friday, November 3. Robert W. Baird maintained the stock with “Hold” rating in Tuesday, September 5 report. On Friday, November 3 the stock rating was maintained by UBS with “Neutral”. On Friday, August 4 the stock rating was downgraded by Deutsche Bank to “Hold”. Credit Suisse maintained it with “Neutral” rating and $41 target in Friday, November 3 report. The stock has “Accumulate” rating by Johnson Rice on Monday, August 7. Citigroup upgraded the shares of FLR in report on Friday, December 9 to “Buy” rating. The stock of Fluor Corporation (NYSE:FLR) has “Hold” rating given on Friday, July 31 by Deutsche Bank. On Tuesday, November 8 the stock rating was downgraded by Credit Suisse to “Neutral”.

Analysts await Fluor Corporation (NYSE:FLR) to report earnings on February, 16. They expect $0.63 EPS, down 23.17% or $0.19 from last year’s $0.82 per share. FLR’s profit will be $88.13M for 22.77 P/E if the $0.63 EPS becomes a reality. After $0.67 actual EPS reported by Fluor Corporation for the previous quarter, Wall Street now forecasts -5.97% negative EPS growth.

Fairview Capital Investment Management Llc, which manages about $1.38B and $1.59 billion US Long portfolio, upped its stake in United Parcel Service (NYSE:UPS) by 4,180 shares to 310,561 shares, valued at $37.30M in 2017Q3, according to the filing. It also increased its holding in Procter & Gamble (NYSE:PG) by 3,935 shares in the quarter, for a total of 354,900 shares, and has risen its stake in Electr For Imaging Inc (NASDAQ:EFII).

Investors sentiment decreased to 0.81 in Q3 2017. Its down 0.32, from 1.13 in 2017Q2. It fall, as 59 investors sold FLR shares while 144 reduced holdings. 35 funds opened positions while 129 raised stakes. 115.07 million shares or 1.01% less from 116.24 million shares in 2017Q2 were reported. State Treasurer State Of Michigan owns 42,453 shares or 0.01% of their US portfolio. 12,295 are owned by Bowen Hanes Inc. 4,850 are held by Piermont Capital Mgmt. Sumitomo Mitsui Tru Inc invested 0.02% of its portfolio in Fluor Corporation (NYSE:FLR). Hartford Investment Mngmt holds 30,021 shares or 0.02% of its portfolio. 15,000 were accumulated by Nj State Employees Deferred Compensation Plan. Susquehanna Grp Llp stated it has 128,867 shares or 0% of all its holdings. Moreover, Dupont has 0% invested in Fluor Corporation (NYSE:FLR) for 1,050 shares. Stonebridge Mgmt invested 1% in Fluor Corporation (NYSE:FLR). New Mexico Educational Retirement Board invested in 13,421 shares or 0.03% of the stock. Employees Retirement Sys Of Texas has invested 0.07% in Fluor Corporation (NYSE:FLR). Cim Investment Mangement Inc has invested 0.24% in Fluor Corporation (NYSE:FLR). Louisiana State Employees Retirement reported 0.02% stake. Advisory Services Networks Ltd Liability Company holds 0.02% or 4,758 shares. Citigroup stated it has 194,934 shares.

Investors sentiment increased to 1.08 in 2017 Q3. Its up 0.09, from 0.99 in 2017Q2. It improved, as 51 investors sold SWN shares while 94 reduced holdings. 48 funds opened positions while 108 raised stakes. 429.64 million shares or 0.84% less from 433.26 million shares in 2017Q2 were reported. Citadel Llc reported 0.03% in Southwestern Energy Company (NYSE:SWN). Creative Planning reported 12,484 shares or 0% of all its holdings. Lathrop Management Corporation has invested 0.04% in Southwestern Energy Company (NYSE:SWN). Pinnacle Ltd Liability Corp holds 0% or 1,000 shares in its portfolio. Winslow Evans Crocker Inc holds 0% in Southwestern Energy Company (NYSE:SWN) or 1,800 shares. Sg Americas Securities Limited Liability Company holds 0% or 24,560 shares. 15,000 are held by Staley Advisers. Commonwealth Equity Services holds 11,847 shares. Deltec Asset Management Lc reported 34,000 shares. Ameritas Investment Prns stated it has 151,382 shares or 0.04% of all its holdings. Bluecrest Capital Management Limited has 0.05% invested in Southwestern Energy Company (NYSE:SWN) for 206,914 shares. Hsbc Holdings Public Limited owns 181,209 shares or 0% of their US portfolio. The California-based Fdx Advsrs has invested 0.02% in Southwestern Energy Company (NYSE:SWN). Nokota Mngmt Limited Partnership holds 0.29% or 1.95 million shares in its portfolio. State Street stated it has 20.66 million shares.

Bridgecreek Investment Management Llc, which manages about $625.00 million and $368.14 million US Long portfolio, upped its stake in Spdr S&P 500 Etf Tr (SPY) by 2,000 shares to 21,289 shares, valued at $5.35M in 2017Q3, according to the filing. It also increased its holding in Spdr Dow Jones Industrial Avrg (DIA) by 2,275 shares in the quarter, for a total of 15,090 shares, and has risen its stake in Amazon.Com Inc (NASDAQ:AMZN).

Among 38 analysts covering Southwestern Energy Company (NYSE:SWN), 9 have Buy rating, 7 Sell and 22 Hold. Therefore 24% are positive. Southwestern Energy Company had 113 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was initiated by Wells Fargo on Thursday, August 27 with “Market Perform”. The stock has “Hold” rating by Zacks on Sunday, August 16. The firm has “Mkt Perform” rating given on Tuesday, February 28 by Bernstein. The firm has “Hold” rating given on Thursday, August 24 by Piper Jaffray. RBC Capital Markets maintained Southwestern Energy Company (NYSE:SWN) on Wednesday, June 15 with “Sector Perform” rating. Raymond James downgraded Southwestern Energy Company (NYSE:SWN) on Tuesday, January 30 to “Underperform” rating. The firm has “Underperform” rating given on Tuesday, November 17 by Sterne Agee CRT. The firm earned “Sell” rating on Thursday, February 1 by Goldman Sachs. Cowen & Co initiated Southwestern Energy Company (NYSE:SWN) rating on Tuesday, July 21. Cowen & Co has “Outperform” rating and $27 target. The stock has “Hold” rating by Tudor Pickering on Friday, December 2.

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