Axa S.A. Sells 100,247 Shares of Ferrovial SE (NASDAQ:FER)

AXA S.A. trimmed its stake in Ferrovial SE (NASDAQ:FER - Free Report) by 11.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 746,524 shares of the company's stock after selling 100,247 shares during the period. AXA S.A. owned about 0.10% of Ferrovial worth $31,376,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in FER. JPMorgan Chase & Co. raised its position in shares of Ferrovial by 40.8% during the third quarter. JPMorgan Chase & Co. now owns 4,573,215 shares of the company's stock worth $197,517,000 after purchasing an additional 1,326,065 shares during the period. Crossmark Global Holdings Inc. lifted its stake in shares of Ferrovial by 17.8% in the fourth quarter. Crossmark Global Holdings Inc. now owns 22,517 shares of the company's stock valued at $947,000 after buying an additional 3,407 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Ferrovial during the fourth quarter valued at about $101,000. Jennison Associates LLC raised its stake in shares of Ferrovial by 47.4% in the fourth quarter. Jennison Associates LLC now owns 361,109 shares of the company's stock worth $15,184,000 after purchasing an additional 116,114 shares during the last quarter. Finally, Optas LLC bought a new stake in shares of Ferrovial in the 4th quarter worth $228,000. 22.28% of the stock is currently owned by institutional investors.

Ferrovial Price Performance

Shares of NASDAQ FER traded up $0.59 during midday trading on Friday, reaching $49.51. The company's stock had a trading volume of 105,655 shares, compared to its average volume of 95,495. The firm has a 50 day moving average price of $45.34 and a 200-day moving average price of $43.14. Ferrovial SE has a 12-month low of $37.00 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.