Ferrovial SE (NASDAQ:FER) Given Consensus Rating of "Hold" by Analysts

Shares of Ferrovial SE (NASDAQ:FER - Get Free Report) have earned an average recommendation of "Hold" from the five research firms that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

FER has been the topic of a number of analyst reports. Morgan Stanley reaffirmed an "overweight" rating on shares of Ferrovial in a research note on Wednesday. BNP Paribas raised Ferrovial from a "strong sell" rating to a "hold" rating in a research report on Tuesday, June 24th. Wall Street Zen cut shares of Ferrovial from a "buy" rating to a "hold" rating in a report on Friday, June 6th. Finally, BNP Paribas Exane upgraded shares of Ferrovial from an "underperform" rating to a "neutral" rating in a report on Tuesday, June 24th.

Ferrovial Trading Up 0.9%

Shares of FER traded up $0.48 during mid-day trading on Thursday, reaching $53.26. 146,571 shares of the company's stock traded hands, compared to its average volume of 74,742. The stock's 50-day moving average is $50.47 and its two-hundred day moving average is $45.90. Ferrovial has a 12 month low of $37.93 and a 12 month high of $56.43.

Ferrovial Increases Dividend

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FER. Hsbc Holdings PLC grew its position in shares of Ferrovial by 0.8% during the 1st quarter. Hsbc Holdings PLC now owns 24,913,875 shares of the company's stock worth $1,107,414,000 after buying an additional 196,985 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Ferrovial by 2.4% during the first quarter. Vanguard Group Inc. now owns 19,355,835 shares of the company's stock valued at $865,748,000 after purchasing an additional 452,211 shares in the last quarter. TCI Fund Management Ltd. boosted its position in Ferrovial by 1.2% during the 4th quarter. TCI Fund Management Ltd. now owns 19,333,428 shares of the company's stock valued at $812,724,000 after acquiring an additional 238,184 shares in the last quarter. Amundi boosted its position in Ferrovial by 43.9% during the 1st quarter. Amundi now owns 17,636,889 shares of the company's stock valued at $808,475,000 after acquiring an additional 5,376,610 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in Ferrovial by 30.2% during the 4th quarter. Bank of America Corp DE now owns 15,783,345 shares of the company's stock valued at $663,374,000 after acquiring an additional 3,657,704 shares in the last quarter. 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.