Wyndham Worldwide (WYN) Holder Bamco Has Lowered Its Holding; Fluor (New) (FLR) Stock Declined While Needelman Asset Management Upped by $459,705 Its Position

June 14, 2018 - By Steve Bissell

Wyndham Worldwide Corporation (NYSE:WYN) Logo

Needelman Asset Management Inc increased its stake in Fluor Corp (New) (FLR) by 38.2% based on its latest 2018Q1 regulatory filing with the SEC. Needelman Asset Management Inc bought 8,065 shares as the company’s stock declined 17.16% with the market. The institutional investor held 29,180 shares of the military and government and technical company at the end of 2018Q1, valued at $1.67 million, up from 21,115 at the end of the previous reported quarter. Needelman Asset Management Inc who had been investing in Fluor Corp (New) for a number of months, seems to be bullish on the $6.87B market cap company. The stock decreased 1.13% or $0.56 during the last trading session, reaching $48.88. About 361,891 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: 25/05/2018 – FLUOR CORP FLR.N QUARTERLY SHR LOSS $0.13; 15/03/2018 – France considers developing mini nuclear reactors, eyes cost; 03/05/2018 – FLUOR CORP – AT QTR END CONSOLIDATED ENDING BACKLOG OF $29.1 BLN COMPARES TO $41.6 BLN A YEAR AGO; 18/04/2018 – Fluor Awarded Contract for Marathon Petroleum’s STAR Program at Galveston Bay Refinery; 30/05/2018 – S&P AFFIRMS FLUOR ‘A-‘ RATING; OUTLOOK STABLE; 03/05/2018 – Fluor 1Q Loss/Shr 13c; 25/05/2018 – IMPORTANT DEADLINE: Shareholder Class Action Lawsuit Against Fluor Corporation; 14/03/2018 – Fluor Eyes More than $13 Billion in Second-Quarter Kickoffs, Completions, an Industrial Info News Alert; 27/03/2018 – FLUOR GETS FRONT-END ENGINEERING & DESIGN & PROJECT MANAGEMENT; 03/04/2018 – Fluor Corporation to Hold First Quarter Earnings Conference Call

Bamco Inc decreased its stake in Wyndham Worldwide Corp (WYN) by 3.83% based on its latest 2018Q1 regulatory filing with the SEC. Bamco Inc sold 8,900 shares as the company’s stock declined 8.54% with the market. The institutional investor held 223,337 shares of the hotels and resorts company at the end of 2018Q1, valued at $25.56 million, down from 232,237 at the end of the previous reported quarter. Bamco Inc who had been investing in Wyndham Worldwide Corp for a number of months, seems to be less bullish one the $10.82B market cap company. The stock decreased 2.15% or $2.38 during the last trading session, reaching $108.44. About 2.77M shares traded or 5.07% up from the average. Wyndham Worldwide Corporation (NYSE:WYN) has risen 8.92% since June 14, 2017 and is uptrending. It has underperformed by 3.65% the S&P500. Some Historical WYN News: 02/05/2018 – Wyndham Worldwide 1Q Net $34M; 02/05/2018 – Wyndham Worldwide 1Q Destination Network Rev $246M; 26/04/2018 – LA QUINTA HOLDINGS STOCKHOLDERS APPROVE PURCHASE BY WYNDHAM; 14/05/2018 – RCI® Affiliates Recognized for Leading the Way in Sustainability; 09/05/2018 – Wyndham Worldwide Corp. to Be Renamed Wyndham Destinations Inc; 19/03/2018 – WYNDHAM WORLDWIDE CORP SAYS EXPECTS SPIN-OFF TRANSACTION TO BE TAX-FREE TO ITSELF AND SHAREHOLDERS; 29/03/2018 – On the Road Again: Super 8 Rolls into the 2018 New York International Auto Show with ROADM8, First-Ever Concept Car Inspired by; 02/05/2018 – Wyndham Worldwide Sees 2018 Rev $5.195B-$5.335B; 19/03/2018 – Wyndham Worldwide: Separation on Track for Completion in 2Q; 02/05/2018 – Wyndham Worldwide: Planned Separation Into Two Independent, Publicly Traded Companies Expected to Be Completed Later This Qtr

Since February 23, 2018, it had 2 insider purchases, and 10 insider sales for $5.14 million activity. 50,000 shares valued at $2.84 million were sold by Seaton David Thomas on Thursday, March 1. Bustamante Jose Luis M. sold $222,942 worth of stock. De Haan Taco had sold 3,533 shares worth $205,089. Locklear Samuel J also bought $17,440 worth of Fluor Corporation (NYSE:FLR) shares. $223,636 worth of Fluor Corporation (NYSE:FLR) shares were sold by BARNARD RAY F.. Stanski Bruce A had sold 3,718 shares worth $213,547.

Investors sentiment increased to 0.87 in Q1 2018. Its up 0.04, from 0.83 in 2017Q4. It increased, 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. Covington Capital Mngmt holds 10,625 shares. Advisory Serv Network Limited Liability Corporation stated it has 0.02% of its portfolio in Fluor Corporation (NYSE:FLR). Dodge And Cox reported 3,505 shares or 0% of all its holdings. State Board Of Administration Of Florida Retirement Sys reported 200,967 shares. Great West Life Assurance Can reported 0.01% in Fluor Corporation (NYSE:FLR). Tide Point Ltd Partnership reported 876,621 shares. Wellington Mngmt Llp owns 55,131 shares for 0% of their portfolio. Cornerstone Advsr has invested 0.08% in Fluor Corporation (NYSE:FLR). British Columbia Invest Management accumulated 52,358 shares. Parsec Management owns 97,990 shares. Retail Bank reported 6,290 shares or 0% of all its holdings. Assetmark holds 0% of its portfolio in Fluor Corporation (NYSE:FLR) for 155 shares. Principal Fincl accumulated 215,669 shares. Moreover, Tci Wealth Advsrs Incorporated has 0% invested in Fluor Corporation (NYSE:FLR) for 35 shares. Exane Derivatives reported 0% of its portfolio in Fluor Corporation (NYSE:FLR).

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. Macquarie Research downgraded Fluor Corporation (NYSE:FLR) on Friday, November 4 to “Neutral” rating. As per Friday, May 4, the company rating was maintained by DA Davidson. Cowen & Co maintained it with “Outperform” rating and $62 target in Friday, July 31 report. The rating was maintained by Citigroup on Monday, April 2 with “Buy”. As per Monday, May 7, the company rating was maintained by Credit Suisse. On Tuesday, September 5 the stock rating was maintained by Robert W. Baird with “Hold”. The firm earned “Outperform” rating on Friday, February 19 by Macquarie Research. The rating was maintained by Benchmark with “Buy” on Friday, May 4. The firm has “Neutral” rating given on Friday, November 3 by UBS. The firm has “Accumulate” rating given on Monday, August 7 by Johnson Rice.

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: “SHAREHOLDER ALERT: Brower Piven Notifies Investors of Class Action Lawsuit And Encourages Those Who Have …” published on June 05, 2018, Businesswire.com published: “EQUITY ALERT: Levi & Korsinsky, LLP Reminds Shareholders It Filed a Complaint to Recover Losses Suffered by …” on June 13, 2018. More interesting news about Fluor Corporation (NYSE:FLR) were released by: Prnewswire.com and their article: “SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Fluor Corporation – FLR” published on June 11, 2018 as well as Globenewswire.com‘s news article titled: “The Klein Law Firm Notifies Investors of a Class Action Commenced on Behalf of Fluor Corporation Shareholders and …” with publication date: June 11, 2018.

Bamco Inc, which manages about $24.24 billion and $21.73 billion US Long portfolio, upped its stake in Benefitfocus Inc (NASDAQ:BNFT) by 27,635 shares to 4.17M shares, valued at $101.84 million in 2018Q1, according to the filing. It also increased its holding in Liberty Media Corp Delaware by 77,000 shares in the quarter, for a total of 165,000 shares, and has risen its stake in Transunion.

More important recent Wyndham Worldwide Corporation (NYSE:WYN) news were published by: Fool.com which released: “The Hitch in Marriott Vacations’ Acquisition of ILG” on May 17, 2018, also Bizjournals.com published article titled: “Wyndham Destinations confirms it will create global HQ, 200 jobs in Orlando”, Seekingalpha.com published: “Wyndham Worldwide (WYN) Investor Presentation – Slideshow” on May 17, 2018. More interesting news about Wyndham Worldwide Corporation (NYSE:WYN) was released by: Streetinsider.com and their article: “Wyndham Worldwide (WYN) Completes Acquisition Of La Quinta Holdings (LQ)” with publication date: May 31, 2018.

Among 13 analysts covering Wyndham Worldwide Corporation (NYSE:WYN), 8 have Buy rating, 1 Sell and 4 Hold. Therefore 62% are positive. Wyndham Worldwide Corporation had 28 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Wyndham Worldwide Corporation (NYSE:WYN) earned “Buy” rating by Stifel Nicolaus on Friday, December 11. Stifel Nicolaus maintained it with “Buy” rating and $112.0 target in Monday, October 23 report. The company was downgraded on Friday, April 28 by Wolfe Research. Credit Suisse initiated the stock with “Neutral” rating in Friday, February 5 report. The stock of Wyndham Worldwide Corporation (NYSE:WYN) has “Buy” rating given on Monday, June 19 by Buckingham Research. The firm has “Hold” rating by Credit Suisse given on Friday, May 18. On Friday, August 4 the stock rating was downgraded by Telsey Advisory Group to “Market Perform”. The company was downgraded on Thursday, October 29 by Goldman Sachs. As per Monday, December 5, the company rating was maintained by M Partners. Goldman Sachs initiated the stock with “Neutral” rating in Monday, September 26 report.

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