Deutsche Bank AG Has $106.71 Million Stock Position in Ferrovial SE (NASDAQ:FER)

Deutsche Bank AG cut its stake in Ferrovial SE (NASDAQ:FER - Free Report) by 0.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,538,921 shares of the company's stock after selling 17,079 shares during the period. Deutsche Bank AG owned approximately 0.34% of Ferrovial worth $106,711,000 as of its most recent filing with the Securities and Exchange Commission.

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

Ferrovial Stock Up 5.1%

Shares of FER stock traded up $2.48 on Wednesday, reaching $51.00. The stock had a trading volume of 197,891 shares, compared to its average volume of 59,699. Ferrovial SE has a 12 month low of $37.92 and a 12 month high of $56.43. The firm's 50-day moving average is $45.59 and its two-hundred day moving average is $43.32.

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.