Ferrovial (NASDAQ:FER - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Friday.
Ferrovial Stock Up 0.2%
Shares of FER traded up $0.08 during midday trading on Friday, reaching $51.37. 206,797 shares of the stock were exchanged, compared to its average volume of 66,898. Ferrovial has a twelve month low of $37.92 and a twelve month high of $56.43. The stock's 50 day simple moving average is $48.22 and its 200 day simple moving average is $44.81.
Institutional Investors Weigh In On Ferrovial
A number of hedge funds and other institutional investors have recently modified their holdings of FER. Jane Street Group LLC raised its stake in Ferrovial by 346.5% in the first quarter. Jane Street Group LLC now owns 24,238 shares of the company's stock valued at $1,080,000 after purchasing an additional 18,809 shares in the last quarter. Zurich Insurance Group Ltd FI raised its stake in Ferrovial by 32.4% in the first quarter. Zurich Insurance Group Ltd FI now owns 181,345 shares of the company's stock valued at $8,073,000 after purchasing an additional 44,372 shares in the last quarter. USS Investment Management Ltd raised its stake in Ferrovial by 1.5% in the first quarter. USS Investment Management Ltd now owns 111,036 shares of the company's stock valued at $4,949,000 after purchasing an additional 1,663 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Ferrovial by 880.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,332 shares of the company's stock valued at $2,204,000 after purchasing an additional 47,892 shares in the last quarter. Finally, Hancock Whitney Corp raised its stake in Ferrovial by 14.9% in the first quarter. Hancock Whitney Corp now owns 14,104 shares of the company's stock valued at $634,000 after purchasing an additional 1,825 shares in the last quarter. Institutional investors and hedge funds own 22.28% of the company's stock.
Ferrovial Company Profile
(
Get Free Report)
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.
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