Ferrovial (NASDAQ:FER) Sees Large Volume Increase - Should You Buy?

Key Points

• Ferrovial SE experienced a significant increase in trading volume, with 270,040 shares traded on Monday, an 83% rise compared to the previous session.
• Recent analyst updates saw Wall Street Zen downgrade Ferrovial from a "buy" to a "hold" rating, while BNP Paribas made multiple upgrades, leading to a current consensus rating of "Hold".
• Several large institutional investors have increased their stakes in Ferrovial, with Amundi boosting its holdings by 43.9% in the first quarter.

Ferrovial SE (NASDAQ:FER - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 270,040 shares changed hands during trading, an increase of 83% from the previous session's volume of 147,479 shares.The stock last traded at $55.24 and had previously closed at $55.97.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on FER shares. BNP Paribas Exane upgraded shares of Ferrovial from an "underperform" rating to a "neutral" rating in a report on Tuesday, June 24th. Wall Street Zen lowered shares of Ferrovial from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Morgan Stanley reiterated an "overweight" rating on shares of Ferrovial in a report on Wednesday, June 25th. Finally, BNP Paribas upgraded shares of Ferrovial from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 24th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Ferrovial presently has a consensus rating of "Hold".

Ferrovial Price Performance

The company's 50-day simple moving average is $53.12 and its 200-day simple moving average is $49.17.

Institutional Trading of Ferrovial

Large investors have recently bought and sold shares of the company. BNP Paribas Financial Markets acquired a new stake in Ferrovial in the fourth quarter valued at approximately $25,000. AlphaCore Capital LLC acquired a new stake in Ferrovial in the second quarter valued at approximately $83,000. Banque Cantonale Vaudoise acquired a new stake in Ferrovial in the first quarter valued at approximately $150,000. Tower Research Capital LLC TRC acquired a new stake in Ferrovial in the fourth quarter valued at approximately $158,000. Finally, Earned Wealth Advisors LLC acquired a new stake in Ferrovial in the second quarter valued at approximately $240,000. Institutional investors and hedge funds own 22.28% of the company's stock.

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.