Banque Transatlantique SA Takes $311,000 Position in Ferrovial SE (NASDAQ:FER)

Banque Transatlantique SA bought a new position in shares of Ferrovial SE (NASDAQ:FER - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 7,500 shares of the company's stock, valued at approximately $311,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Hsbc Holdings PLC grew its holdings in shares of Ferrovial by 3.7% during the fourth quarter. Hsbc Holdings PLC now owns 24,716,890 shares of the company's stock worth $1,041,137,000 after buying an additional 885,460 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Ferrovial by 30.2% during the 4th quarter. Bank of America Corp DE now owns 15,783,345 shares of the company's stock worth $663,374,000 after buying an additional 3,657,704 shares during the last quarter. Norges Bank bought a new position in Ferrovial in the fourth quarter valued at approximately $440,665,000. Banco Santander S.A. bought a new stake in Ferrovial during the fourth quarter worth $310,316,000. Finally, FMR LLC lifted its stake in Ferrovial by 4,066.5% in the 4th quarter. FMR LLC now owns 6,171,067 shares of the company's stock valued at $259,527,000 after purchasing an additional 6,022,956 shares during the last quarter. 22.28% of the stock is owned by institutional investors and hedge funds.

Ferrovial Stock Up 1.1 %

FER stock traded up $0.52 during trading hours on Friday, hitting $49.44. 166,170 shares of the stock were exchanged, compared to its average volume of 57,257. The company has a 50-day simple moving average of $45.44 and a two-hundred day simple moving average of $43.21. Ferrovial SE has a 12 month low of $37.81 and a 12 month high of $56.43.

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.