Ferrovial (NASDAQ:FER) Sees Large Volume Increase - Here's Why

Key Points

• Ferrovial SE experienced a significant trading surge, with volume increasing by 136% to approximately 440,175 shares on Monday, pushing the stock price up to $56.96.
• Wall Street analysts have mixed sentiments about Ferrovial, with two rating it as a Buy, while three analysts have maintained a Hold rating, leading to an average rating of "Hold".
• Institutional investors are actively trading shares of Ferrovial, with notable acquisitions including a new stake by BNP Paribas Financial Markets valued at $25,000 and a 9,326.3% increase in stake by Osaic Holdings Inc.

Shares of Ferrovial SE (NASDAQ:FER - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 440,175 shares traded hands during mid-day trading, an increase of 136% from the previous session's volume of 186,339 shares.The stock last traded at $56.96 and had previously closed at $56.55.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on FER shares. Wall Street Zen cut Ferrovial from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. Morgan Stanley reaffirmed an "overweight" rating on shares of Ferrovial in a research report on Wednesday, June 25th. BNP Paribas upgraded Ferrovial from a "strong sell" rating to a "hold" rating in a research note on Tuesday, June 24th. Finally, BNP Paribas Exane upgraded Ferrovial from an "underperform" rating to a "neutral" rating in a research note on Tuesday, June 24th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold".

Ferrovial Stock Up 1.2%

The stock has a 50 day moving average price of $54.73 and a two-hundred day moving average price of $50.99.

Institutional Trading of Ferrovial

Hedge funds and other institutional investors have recently made changes to their positions in the business. BNP Paribas Financial Markets acquired a new stake in shares of Ferrovial in the fourth quarter valued at $25,000. AlphaCore Capital LLC acquired a new stake in shares of Ferrovial in the second quarter valued at $83,000. Osaic Holdings Inc. increased its stake in shares of Ferrovial by 9,326.3% in the second quarter. Osaic Holdings Inc. now owns 1,791 shares of the company's stock valued at $96,000 after buying an additional 1,772 shares in the last quarter. Banque Cantonale Vaudoise acquired a new stake in shares of Ferrovial in the first quarter valued at $150,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Ferrovial by 24.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,440 shares of the company's stock valued at $225,000 after buying an additional 1,073 shares in the last quarter. 22.28% of the stock is currently owned by institutional investors and hedge funds.

Ferrovial Company 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.

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