1832 Asset Management L.P. Decreases Stock Holdings in Ferrovial SE $FER

1832 Asset Management L.P. lowered its stake in shares of Ferrovial SE (NASDAQ:FER) by 5.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 986,483 shares of the company’s stock after selling 52,320 shares during the period. 1832 Asset Management L.P.’s holdings in Ferrovial were worth $44,313,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets purchased a new stake in Ferrovial during the fourth quarter worth about $25,000. Banque Cantonale Vaudoise purchased a new stake in Ferrovial during the first quarter worth about $150,000. Tower Research Capital LLC TRC purchased a new stake in Ferrovial during the fourth quarter worth about $158,000. Jane Street Group LLC purchased a new stake in Ferrovial during the fourth quarter worth about $228,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Ferrovial by 24.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,440 shares of the company’s stock worth $225,000 after buying an additional 1,073 shares in the last quarter. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Ferrovial Price Performance

Shares of FER opened at $55.97 on Friday. The company’s 50 day simple moving average is $52.81 and its 200 day simple moving average is $48.84. Ferrovial SE has a 1 year low of $37.93 and a 1 year high of $56.43.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Wall Street Zen downgraded shares of Ferrovial from a “buy” rating to a “hold” rating in a report on Saturday, July 26th. BNP Paribas raised shares of Ferrovial from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 24th. BNP Paribas Exane raised shares of Ferrovial from an “underperform” rating to a “neutral” rating in a report on Tuesday, June 24th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Ferrovial in a report on Wednesday, June 25th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Ferrovial Company Profile

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.