Ferrovial (NASDAQ:FER - Get Free Report) was upgraded by Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday.
Ferrovial Stock Down 0.2%
Shares of FER traded down $0.11 during midday trading on Friday, reaching $51.79. 80,617 shares of the stock were exchanged, compared to its average volume of 62,710. The stock's 50 day simple moving average is $47.19 and its 200 day simple moving average is $44.15. Ferrovial has a twelve month low of $37.92 and a twelve month high of $56.43.
Hedge Funds Weigh In On Ferrovial
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC raised its holdings in Ferrovial by 346.5% in the 1st quarter. Jane Street Group LLC now owns 24,238 shares of the company's stock valued at $1,080,000 after buying an additional 18,809 shares during the last quarter. Zurich Insurance Group Ltd FI boosted its position in shares of Ferrovial by 32.4% during the 1st quarter. Zurich Insurance Group Ltd FI now owns 181,345 shares of the company's stock worth $8,073,000 after purchasing an additional 44,372 shares in the last quarter. USS Investment Management Ltd increased its holdings in shares of Ferrovial by 1.5% during the first quarter. USS Investment Management Ltd now owns 111,036 shares of the company's stock valued at $4,949,000 after acquiring an additional 1,663 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Ferrovial by 880.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,332 shares of the company's stock worth $2,204,000 after purchasing an additional 47,892 shares during the period. Finally, Hancock Whitney Corp lifted its holdings in shares of Ferrovial by 14.9% in the 1st quarter. Hancock Whitney Corp now owns 14,104 shares of the company's stock worth $634,000 after purchasing an additional 1,825 shares in the last quarter. Institutional investors 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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