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

Key Points

• Ferrovial SE has received a consensus rating of "Hold" from five ratings firms, with three hold and two buy recommendations.
• Institutional investors have increased their holdings in Ferrovial, with notable increases from Bank of New York Mellon Corp and Allianz Asset Management GmbH.
• The shares of Ferrovial opened at $56.04, with a 12-month trading range of $37.93 to $56.73.

Ferrovial SE (NASDAQ:FER - Get Free Report) has been assigned a consensus rating of "Hold" from the five ratings firms that are currently covering the firm, Marketbeat.com 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 research reports. Morgan Stanley reiterated an "overweight" rating on shares of Ferrovial in a research report on Wednesday, June 25th. BNP Paribas raised Ferrovial from a "strong sell" rating to a "hold" rating in a research note on Tuesday, June 24th. Wall Street Zen lowered Ferrovial from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Finally, BNP Paribas Exane raised Ferrovial from an "underperform" rating to a "neutral" rating in a research note on Tuesday, June 24th.

Institutional Trading of Ferrovial

Hedge funds and other institutional investors have recently modified their holdings of the business. Bank of New York Mellon Corp boosted its position in shares of Ferrovial by 1.3% in the first quarter. Bank of New York Mellon Corp now owns 1,114,780 shares of the company's stock worth $50,076,000 after buying an additional 14,821 shares during the period. Assenagon Asset Management S.A. raised its holdings in shares of Ferrovial by 3.6% during the first quarter. Assenagon Asset Management S.A. now owns 30,097 shares of the company's stock worth $1,339,000 after acquiring an additional 1,059 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Ferrovial by 24.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,440 shares of the company's stock worth $225,000 after acquiring an additional 1,073 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Ferrovial during the fourth quarter worth $228,000. Finally, Allianz Asset Management GmbH raised its holdings in shares of Ferrovial by 9.5% during the first quarter. Allianz Asset Management GmbH now owns 367,803 shares of the company's stock worth $16,361,000 after acquiring an additional 32,023 shares in the last quarter. Institutional investors and hedge funds own 22.28% of the company's stock.

Ferrovial Trading Up 0.5%

Shares of Ferrovial stock opened at $56.04 on Tuesday. The business's 50 day simple moving average is $53.49 and its 200-day simple moving average is $49.72. Ferrovial has a twelve month low of $37.93 and a twelve month high of $56.73.

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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