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

Key Points

• Ferrovial SE has received an average rating of "Hold" from five analysts, with three holding and two buying ratings on the stock.
• The company's stock recently traded at $54.85, with a 12-month range between $37.93 and $56.43.
• Ferrovial has increased its dividend to $0.3029 per share, a significant rise from the previous $0.04 dividend.

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

A number of equities analysts have weighed in on FER shares. Wall Street Zen cut shares of Ferrovial from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. BNP Paribas upgraded shares of Ferrovial from a "strong sell" rating to a "hold" rating in a research note on Tuesday, June 24th. BNP Paribas Exane upgraded shares of Ferrovial from an "underperform" rating to a "neutral" rating in a research note on Tuesday, June 24th. Finally, Morgan Stanley restated an "overweight" rating on shares of Ferrovial in a research note on Wednesday, June 25th.

Ferrovial Stock Performance

NASDAQ:FER traded down $0.20 on Friday, reaching $55.04. The stock had a trading volume of 230,785 shares, compared to its average volume of 140,456. The company has a 50-day moving average of $52.51 and a 200 day moving average of $48.56. Ferrovial has a 12-month low of $37.93 and a 12-month high of $56.43.

Ferrovial Increases Dividend

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

Institutional Investors Weigh In On Ferrovial

Several institutional investors and hedge funds have recently bought and sold shares of the business. Hsbc Holdings PLC raised its stake in Ferrovial by 1.9% during the second quarter. Hsbc Holdings PLC now owns 25,386,224 shares of the company's stock worth $1,348,444,000 after acquiring an additional 472,349 shares during the period. Vanguard Group Inc. raised its stake in Ferrovial by 3.1% during the second quarter. Vanguard Group Inc. now owns 19,957,338 shares of the company's stock worth $1,064,584,000 after acquiring an additional 601,503 shares during the period. TCI Fund Management Ltd. raised its stake in Ferrovial by 0.7% during the second quarter. TCI Fund Management Ltd. now owns 19,470,666 shares of the company's stock worth $1,038,720,000 after acquiring an additional 137,238 shares during the period. Amundi raised its stake in Ferrovial by 43.9% during the first quarter. Amundi now owns 17,636,889 shares of the company's stock worth $808,475,000 after acquiring an additional 5,376,610 shares during the period. Finally, Bank of America Corp DE raised its stake in Ferrovial by 30.2% during the fourth quarter. Bank of America Corp DE now owns 15,783,345 shares of the company's stock worth $663,374,000 after acquiring an additional 3,657,704 shares during the period. Institutional investors and hedge funds own 22.28% of the company's stock.

Ferrovial Company Profile

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.