Ferrovial SE (NASDAQ:FER) Shares Sold by DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lowered its position in Ferrovial SE (NASDAQ:FER - Free Report) by 25.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,458,371 shares of the company's stock after selling 845,192 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main owned 0.33% of Ferrovial worth $103,325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in FER. BNP Paribas Financial Markets purchased a new position in shares of Ferrovial in the 4th quarter worth about $25,000. SG Americas Securities LLC bought a new position in shares of Ferrovial in the fourth quarter worth approximately $101,000. Tower Research Capital LLC TRC purchased a new stake in Ferrovial in the fourth quarter worth about $158,000. Clearbridge Investments LLC bought a new stake in shares of Ferrovial during the 4th quarter valued at $204,000. Finally, Optas LLC bought a new position in Ferrovial in the 4th quarter worth about $228,000. 22.28% of the stock is currently owned by institutional investors and hedge funds.

Ferrovial Price Performance

FER traded down $0.03 during midday trading on Tuesday, hitting $48.90. 125,388 shares of the company traded hands, compared to its average volume of 98,549. The company's 50-day moving average is $45.49 and its 200 day moving average is $43.28. Ferrovial SE has a 52 week low of $37.92 and a 52 week high of $56.43.

About Ferrovial

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.