Ferrovial SE (NASDAQ:FER) Given Average Recommendation of "Hold" by Analysts

Ferrovial SE (NASDAQ:FER - Get Free Report) has been given a consensus recommendation of "Hold" by the five analysts that are presently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

Several brokerages have issued reports on FER. BNP Paribas raised shares of Ferrovial from a "strong sell" rating to a "hold" rating in a research report on Tuesday. Wall Street Zen cut Ferrovial from a "buy" rating to a "hold" rating in a report on Friday, June 6th. Morgan Stanley reiterated an "overweight" rating on shares of Ferrovial in a report on Wednesday. Finally, BNP Paribas Exane raised Ferrovial from an "underperform" rating to a "neutral" rating in a research report on Tuesday.

Ferrovial Price Performance

Shares of NASDAQ FER traded up $0.40 during midday trading on Thursday, reaching $52.65. The company's stock had a trading volume of 13,242 shares, compared to its average volume of 73,521. The stock has a 50 day simple moving average of $50.19 and a 200-day simple moving average of $45.71. Ferrovial has a fifty-two week low of $37.93 and a fifty-two week high of $56.43.

Ferrovial Increases Dividend

The company also recently announced a -- dividend, which was paid on Wednesday, June 25th. Stockholders of record on Friday, May 23rd were issued a $0.3029 dividend. This is a boost from Ferrovial's previous -- dividend of $0.04. The ex-dividend date of this dividend was Friday, May 23rd.

Hedge Funds Weigh In On Ferrovial

A number of hedge funds and other institutional investors have recently bought and sold shares of FER. Jane Street Group LLC increased its holdings in shares of 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 during the last quarter. Zurich Insurance Group Ltd FI boosted its holdings 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 buying an additional 44,372 shares during the period. USS Investment Management Ltd boosted its holdings in shares of Ferrovial by 1.5% during the 1st quarter. USS Investment Management Ltd now owns 111,036 shares of the company's stock worth $4,949,000 after buying an additional 1,663 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Ferrovial by 880.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,332 shares of the company's stock valued at $2,204,000 after buying an additional 47,892 shares during the last quarter. Finally, Hancock Whitney Corp raised its holdings in Ferrovial by 14.9% in the 1st quarter. Hancock Whitney Corp now owns 14,104 shares of the company's stock valued at $634,000 after acquiring an additional 1,825 shares during the period. Institutional investors 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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