Ferrovial (NASDAQ:FER) Sees Strong Trading Volume - What's Next?

Key Points

• Ferrovial SE experienced a significant increase in trading volume, with about 389,906 shares traded, marking a 73% rise from the previous session.
• The company has received varied ratings from analysts, with three maintaining a "Buy" rating and three assigning a "Hold" rating, resulting in an average rating of "Moderate Buy."
• Institutional investors now hold 22.28% of Ferrovial's stock, following large investments from several firms including Osaic Holdings Inc., which increased its position by over 9,000%.

Ferrovial SE (NASDAQ:FER - Get Free Report) saw unusually-high trading volume on Monday . Approximately 389,906 shares traded hands during mid-day trading, an increase of 73% from the previous session's volume of 225,749 shares.The stock last traded at $60.18 and had previously closed at $60.22.

Analyst Ratings Changes

A number of equities analysts have recently commented on FER shares. BNP Paribas Exane raised Ferrovial from an "underperform" rating to a "neutral" rating in a research report on Tuesday, June 24th. Morgan Stanley restated an "overweight" rating on shares of Ferrovial in a report on Wednesday, June 25th. Weiss Ratings reiterated a "buy (b+)" rating on shares of Ferrovial in a research note on Wednesday, October 8th. Wall Street Zen cut Ferrovial from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Finally, BNP Paribas raised Ferrovial from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 24th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Ferrovial presently has an average rating of "Moderate Buy".

Ferrovial Stock Performance

The business has a 50 day moving average of $56.12 and a 200-day moving average of $52.05.

Institutional Trading of Ferrovial

A number of large investors have recently bought and sold shares of FER. AlphaCore Capital LLC acquired a new position in Ferrovial in the second quarter valued at $83,000. Osaic Holdings Inc. increased its position in Ferrovial by 9,326.3% in the 2nd quarter. Osaic Holdings Inc. now owns 1,791 shares of the company's stock valued at $96,000 after acquiring an additional 1,772 shares during the period. Banque Cantonale Vaudoise purchased a new stake in Ferrovial during the 1st quarter valued at approximately $150,000. Earned Wealth Advisors LLC purchased a new position in shares of Ferrovial in the 2nd quarter valued at approximately $240,000. Finally, Simon Quick Advisors LLC acquired a new position in shares of Ferrovial in the second quarter valued at approximately $274,000. 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.

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