Ferrovial SE $FER Shares Acquired by Deutsche Bank AG

Deutsche Bank AG grew its position in Ferrovial SE (NASDAQ:FER) by 5.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 4,530,114 shares of the company’s stock after acquiring an additional 250,921 shares during the quarter. Deutsche Bank AG’s holdings in Ferrovial were worth $292,691,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of FER. Royal Bank of Canada boosted its holdings in shares of Ferrovial by 2.0% in the first quarter. Royal Bank of Canada now owns 12,560 shares of the company’s stock valued at $564,000 after acquiring an additional 246 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Ferrovial by 880.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,332 shares of the company’s stock valued at $2,204,000 after acquiring an additional 47,892 shares during the period. Jane Street Group LLC increased its position in Ferrovial by 346.5% in the 1st quarter. Jane Street Group LLC now owns 24,238 shares of the company’s stock valued at $1,080,000 after acquiring an additional 18,809 shares during the period. Quantbot Technologies LP acquired a new position in Ferrovial in the 2nd quarter valued at about $310,000. Finally, Marshall Wace LLP increased its position in Ferrovial by 481.5% in the 2nd quarter. Marshall Wace LLP now owns 166,778 shares of the company’s stock valued at $8,934,000 after acquiring an additional 138,098 shares during the period. 22.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FER has been the topic of several recent research reports. Weiss Ratings restated a “hold (c+)” rating on shares of Ferrovial in a research report on Tuesday, June 2nd. Jefferies Financial Group cut Ferrovial from a “buy” rating to a “hold” rating and boosted their price target for the company from $70.42 to $70.93 in a research report on Monday, March 9th. Citigroup cut Ferrovial from a “buy” rating to a “neutral” rating and dropped their price target for the company from $75.30 to $70.00 in a research report on Wednesday, May 27th. Finally, Zacks Research upgraded Ferrovial to a “hold” rating in a research report on Tuesday, May 19th. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Ferrovial presently has an average rating of “Hold” and a consensus target price of $70.47.

Ferrovial Trading Down 2.3%

FER stock opened at $64.30 on Thursday. Ferrovial SE has a one year low of $50.10 and a one year high of $74.79. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.05 and a current ratio of 1.13. The company has a fifty day moving average of $68.42 and a 200-day moving average of $67.71.

Ferrovial (NASDAQ:FER) last released its earnings results on Saturday, February 14th. The company reported $0.32 EPS for the quarter. The firm had revenue of $3.19 billion during the quarter. Research analysts forecast that Ferrovial SE will post 1.44 EPS for the current year.

Ferrovial Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, June 15th. Investors of record on Tuesday, May 19th will be issued a dividend of $0.5578 per share. The ex-dividend date of this dividend is Tuesday, May 19th.

About Ferrovial

Ferrovial, SA is a Spanish multinational infrastructure company headquartered in Madrid that develops, constructs, operates and maintains transport and urban infrastructure. Its core activities include the design and construction of large civil engineering projects, the development and operation of transport concessions such as toll roads and airports, and the provision of urban and industrial services and maintenance. The company typically operates through long-term concession and public-private partnership models, combining construction expertise with asset management and operations.

Within its operating model, Ferrovial’s business spans construction contracting, concession management and services.