Partners Group Holding AG Sells 156,666 Shares of Ferrovial SE $FER

Partners Group Holding AG reduced its holdings in Ferrovial SE (NASDAQ:FER) by 19.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 657,502 shares of the company’s stock after selling 156,666 shares during the quarter. Ferrovial comprises 1.6% of Partners Group Holding AG’s holdings, making the stock its 20th largest holding. Partners Group Holding AG owned 0.09% of Ferrovial worth $34,930,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Hsbc Holdings PLC grew its position in shares of Ferrovial by 0.8% during the 1st quarter. Hsbc Holdings PLC now owns 24,913,875 shares of the company’s stock worth $1,107,414,000 after buying an additional 196,985 shares during the period. Vanguard Group Inc. grew its position in shares of Ferrovial by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 19,355,835 shares of the company’s stock worth $865,748,000 after buying an additional 452,211 shares during the period. Amundi grew its position in shares of Ferrovial by 43.9% during the 1st quarter. Amundi now owns 17,636,889 shares of the company’s stock worth $808,475,000 after buying an additional 5,376,610 shares during the period. Citigroup Inc. grew its position in shares of Ferrovial by 0.8% during the 1st quarter. Citigroup Inc. now owns 8,546,672 shares of the company’s stock worth $380,178,000 after buying an additional 70,197 shares during the period. Finally, Credit Agricole S A grew its position in shares of Ferrovial by 45.2% during the 1st quarter. Credit Agricole S A now owns 3,951,264 shares of the company’s stock worth $177,491,000 after buying an additional 1,229,993 shares during the period. Institutional investors and hedge funds own 22.28% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ferrovial in a research report on Monday. Wall Street Zen lowered Ferrovial from a “buy” rating to a “hold” rating in a research report on Saturday, July 26th. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Ferrovial in a research report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Ferrovial presently has an average rating of “Moderate Buy”.

Ferrovial Trading Up 1.1%

FER stock opened at $62.42 on Tuesday. Ferrovial SE has a 52-week low of $37.93 and a 52-week high of $65.20. The business has a 50-day simple moving average of $59.02 and a two-hundred day simple moving average of $54.23.

Ferrovial Announces Dividend

The business also recently declared a special dividend, which will be paid on Wednesday, December 3rd. Investors of record on Monday, October 27th will be given a $0.4769 dividend. The ex-dividend date of this dividend is Monday, October 27th.

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.