Fluor New (FLR) Stake Maintained by Insight 2811 Inc; Beach Investment Management Trimmed Williams Companies (WMB) Position by $353,130

February 20, 2018 - By Louis Casey

Beach Investment Management Llc decreased its stake in Williams Companies Inc (WMB) by 23.36% based on its latest 2017Q3 regulatory filing with the SEC. Beach Investment Management Llc sold 11,771 shares as the company’s stock rose 7.09% with the market. The institutional investor held 38,620 shares of the public utilities company at the end of 2017Q3, valued at $1.16M, down from 50,391 at the end of the previous reported quarter. Beach Investment Management Llc who had been investing in Williams Companies Inc for a number of months, seems to be less bullish one the $23.99 billion market cap company. The stock increased 0.35% or $0.1 during the last trading session, reaching $29.01. About 2.77M shares traded. The Williams Companies, Inc. (NYSE:WMB) has risen 40.20% since February 20, 2017 and is uptrending. It has outperformed by 23.50% the S&P500.

Insight 2811 Inc increased its stake in Fluor Corp New (FLR) by 63.54% based on its latest 2017Q3 regulatory filing with the SEC. Insight 2811 Inc bought 14,318 shares as the company’s stock declined 18.75% while stock markets rallied. The hedge fund held 36,851 shares of the military and government and technical company at the end of 2017Q3, valued at $1.55 million, up from 22,533 at the end of the previous reported quarter. Insight 2811 Inc who had been investing in Fluor Corp New for a number of months, seems to be bullish on the $8.10 billion market cap company. The stock increased 0.45% or $0.26 during the last trading session, reaching $57.89. About 1.34M shares traded. Fluor Corporation (NYSE:FLR) has declined 7.15% since February 20, 2017 and is downtrending. It has underperformed by 23.85% the S&P500.

Analysts await The Williams Companies, Inc. (NYSE:WMB) to report earnings on February, 21. They expect $0.20 EPS, up 17.65% or $0.03 from last year’s $0.17 per share. WMB’s profit will be $165.37M for 36.26 P/E if the $0.20 EPS becomes a reality. After $0.15 actual EPS reported by The Williams Companies, Inc. for the previous quarter, Wall Street now forecasts 33.33% EPS growth.

Since September 26, 2017, it had 0 buys, and 3 sales for $9.43 million activity. Scheel James E. sold $888,195 worth of The Williams Companies, Inc. (NYSE:WMB) on Thursday, January 11. On Wednesday, September 27 Ewing Robyn L sold $297,250 worth of The Williams Companies, Inc. (NYSE:WMB) or 9,913 shares.

Among 18 analysts covering Williams Companies Inc. (NYSE:WMB), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. Williams Companies Inc. had 51 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was upgraded by Wells Fargo on Monday, May 8 to “Outperform”. Jefferies maintained it with “Buy” rating and $34.0 target in Monday, October 16 report. The stock has “Overweight” rating by Barclays Capital on Monday, December 5. On Friday, April 28 the stock rating was maintained by Scotia Capital with “Hold”. The rating was downgraded by Wells Fargo on Thursday, September 10 to “Market Perform”. Argus Research maintained The Williams Companies, Inc. (NYSE:WMB) on Monday, August 22 with “Buy” rating. On Tuesday, January 10 the stock rating was downgraded by Jefferies to “Hold”. The firm earned “Hold” rating on Thursday, July 23 by Jefferies. Bernstein initiated it with “Outperform” rating and $25 target in Wednesday, May 11 report. As per Thursday, January 26, the company rating was initiated by Credit Suisse.

Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.13, from 1.06 in 2017Q2. It increased, as 40 investors sold WMB shares while 203 reduced holdings. 66 funds opened positions while 223 raised stakes. 687.46 million shares or 1.13% less from 695.32 million shares in 2017Q2 were reported. Delta Asset Limited Liability Tn invested in 0.01% or 1,545 shares. 81,715 are held by Brown Advisory. 1,726 are owned by Manchester Capital Mngmt Limited Liability Corporation. Telemus Limited Liability, Michigan-based fund reported 12,669 shares. Franklin Res Incorporated stated it has 21.98M shares. Valley National Advisers owns 1,122 shares. Veritable LP holds 0.02% in The Williams Companies, Inc. (NYSE:WMB) or 24,849 shares. Tiaa Cref Inv Mgmt Ltd Liability Corp accumulated 0.18% or 9.00 million shares. Agf holds 1.11 million shares. State Teachers Retirement System reported 0.09% stake. Atria Invests Ltd Liability reported 89,656 shares or 0.15% of all its holdings. Moreover, California State Teachers Retirement System has 0.1% invested in The Williams Companies, Inc. (NYSE:WMB) for 1.47 million shares. Patten Gp Incorporated owns 200,139 shares for 0.44% of their portfolio. Bnp Paribas Arbitrage has invested 0.06% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Capital Advisors Ok, a Oklahoma-based fund reported 498,951 shares.

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. M Partners initiated Fluor Corporation (NYSE:FLR) on Wednesday, June 29 with “Neutral” rating. The stock of Fluor Corporation (NYSE:FLR) earned “Hold” rating by Barclays Capital on Tuesday, December 12. On Friday, November 13 the stock rating was initiated by Citigroup with “Buy”. The rating was upgraded by Citigroup to “Buy” on Friday, December 9. Robert W. Baird maintained it with “Hold” rating and $40.0 target in Friday, October 6 report. The stock has “Outperform” rating by Macquarie Research on Friday, February 19. The rating was maintained by KeyBanc Capital Markets with “Buy” on Wednesday, December 13. Credit Suisse upgraded the shares of FLR in report on Thursday, January 18 to “Buy” rating. Deutsche Bank maintained it with “Hold” rating and $52 target in Friday, July 31 report. The rating was downgraded by Credit Suisse on Tuesday, November 8 to “Neutral”.

Insight 2811 Inc, which manages about $969.33 million and $135.17M US Long portfolio, decreased its stake in Ishares Tr (IWS) by 4,519 shares to 63,919 shares, valued at $5.43 million in 2017Q3, according to the filing.

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