Ferrovial SE (NASDAQ:FER) Receives Consensus Recommendation of "Hold" from Analysts

Ferrovial SE (NASDAQ:FER - Get Free Report) has been given an average rating of "Hold" by the five brokerages that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company.

A number of equities analysts have weighed in on the stock. Wall Street Zen raised shares of Ferrovial from a "hold" rating to a "buy" rating in a research note on Friday, July 18th. BNP Paribas Exane upgraded Ferrovial from an "underperform" rating to a "neutral" rating in a research note on Tuesday, June 24th. Morgan Stanley reiterated an "overweight" rating on shares of Ferrovial in a report on Wednesday, June 25th. Finally, BNP Paribas upgraded shares of Ferrovial from a "strong sell" rating to a "hold" rating in a research note on Tuesday, June 24th.

Institutional Investors Weigh In On Ferrovial

Hedge funds have recently modified their holdings of the business. Norges Bank bought a new position in shares of Ferrovial in the fourth quarter worth approximately $440,665,000. FMR LLC boosted its holdings in Ferrovial by 4,066.5% in the 4th quarter. FMR LLC now owns 6,171,067 shares of the company's stock worth $259,527,000 after buying an additional 6,022,956 shares during the period. Amundi lifted its position in shares of Ferrovial by 43.9% in the first 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. Bank of America Corp DE boosted its stake in shares of Ferrovial by 30.2% in 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. Finally, Maple Brown Abbott Ltd bought a new position in shares of Ferrovial in the first quarter worth about $152,224,000. Institutional investors own 22.28% of the company's stock.

Ferrovial Price Performance

FER stock traded down $0.05 during midday trading on Monday, hitting $53.86. The stock had a trading volume of 213,276 shares, compared to its average volume of 154,326. The business has a 50-day moving average of $52.09 and a two-hundred day moving average of $47.23. Ferrovial has a 52-week low of $37.93 and a 52-week high of $56.43.

Ferrovial Increases Dividend

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

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.