Barclays PLC Reduces Stock Holdings in Ferrovial SE (NASDAQ:FER)

Barclays PLC lowered its stake in shares of Ferrovial SE (NASDAQ:FER) by 28.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 3,439,611 shares of the company’s stock after selling 1,351,726 shares during the quarter. Barclays PLC owned 0.46% of Ferrovial worth $148,556,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of FER. Susquehanna International Securities Ltd. bought a new stake in Ferrovial in the second quarter worth about $228,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Ferrovial in the third quarter worth approximately $296,000. Oppenheimer Asset Management Inc. bought a new stake in shares of Ferrovial during the 2nd quarter worth approximately $307,000. Hancock Whitney Corp purchased a new position in Ferrovial during the 2nd quarter valued at $352,000. Finally, Acadian Asset Management LLC bought a new position in Ferrovial in the 2nd quarter valued at $370,000. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on FER. Bank of America upgraded Ferrovial from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 3rd. Royal Bank of Canada raised shares of Ferrovial to a “hold” rating in a research report on Tuesday, November 12th.

Ferrovial Stock Performance

FER opened at $42.20 on Wednesday. The stock’s fifty day moving average is $40.66 and its two-hundred day moving average is $40.76. Ferrovial SE has a 52 week low of $35.30 and a 52 week high of $48.29.

Ferrovial Cuts Dividend

The company also recently declared a — dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 16th will be paid a dividend of $0.0366 per share. The ex-dividend date of this dividend is Monday, December 16th.

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.