Zurich Insurance Group Ltd FI Has $8.07 Million Holdings in Ferrovial SE $FER

Zurich Insurance Group Ltd FI grew its holdings in shares of Ferrovial SE (NASDAQ:FER) by 32.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 181,345 shares of the company’s stock after purchasing an additional 44,372 shares during the period. Zurich Insurance Group Ltd FI’s holdings in Ferrovial were worth $8,073,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in FER. Jane Street Group LLC bought a new position in shares of Ferrovial in the fourth quarter worth $228,000. BNP Paribas Financial Markets acquired a new stake in shares of Ferrovial in the 4th quarter valued at approximately $25,000. Ensign Peak Advisors Inc acquired a new stake in shares of Ferrovial in the 4th quarter valued at approximately $1,399,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake 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 purchasing an additional 1,073 shares in the last quarter. Finally, Quantinno Capital Management LP increased its stake in shares of Ferrovial by 60.3% in the fourth quarter. Quantinno Capital Management LP now owns 69,849 shares of the company’s stock valued at $2,936,000 after buying an additional 26,264 shares during the period. Institutional investors and hedge funds own 22.28% of the company’s stock.

Analyst Ratings Changes

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

Ferrovial Stock Down 1.3%

Ferrovial stock opened at $55.31 on Wednesday. The stock’s 50 day moving average is $53.53 and its 200 day moving average is $49.75. Ferrovial SE has a one year low of $37.93 and a one year high of $56.72.

Ferrovial 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.