Ferrovial (NASDAQ:FER) Sees Unusually-High Trading Volume – Here’s What Happened

Ferrovial SE (NASDAQ:FER) saw strong trading volume on Tuesday . 70,023 shares traded hands during mid-day trading, an increase of 46% from the previous session’s volume of 47,828 shares.The stock last traded at $45.09 and had previously closed at $44.92.

Ferrovial Stock Down 0.8 %

The firm’s 50 day simple moving average is $44.15 and its 200-day simple moving average is $42.37.

Hedge Funds Weigh In On Ferrovial

A number of institutional investors have recently modified their holdings of FER. BNP Paribas Financial Markets purchased a new position in Ferrovial in the 4th quarter valued at $25,000. SG Americas Securities LLC purchased a new position in Ferrovial during the fourth quarter worth about $101,000. Tower Research Capital LLC TRC purchased a new stake in Ferrovial in the 4th quarter valued at approximately $158,000. Clearbridge Investments LLC purchased a new position in shares of Ferrovial during the 4th quarter worth approximately $204,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Ferrovial by 24.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,440 shares of the company’s stock valued at $225,000 after buying an additional 1,073 shares during the period. 22.28% of the stock is owned by institutional investors and hedge funds.

About Ferrovial

Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads.