AMF Tjanstepension AB Boosts Holdings in Ferrovial SE $FER

Key Points

• AMF Tjanstepension AB increased its stake in Ferrovial SE by 70.9%, acquiring a total of 237,155 shares valued at approximately $12.6 million.
• Other institutional investors have also adjusted their positions, with notable activities including 111 Capital purchasing $1.95 million worth of shares and Jane Street Group increasing its holdings by 346.5%.
• Wall Street analysts’ ratings for Ferrovial include three "Buy" ratings and three "Hold" ratings, leading to an average rating of "Moderate Buy."

AMF Tjanstepension AB raised its stake in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 70.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 237,155 shares of the company's stock after purchasing an additional 98,382 shares during the period. AMF Tjanstepension AB's holdings in Ferrovial were worth $12,600,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. 111 Capital purchased a new position in Ferrovial during the second quarter valued at $1,957,000. Vanderbilt University lifted its holdings in Ferrovial by 2.4% during the second quarter. Vanderbilt University now owns 59,029 shares of the company's stock valued at $3,136,000 after purchasing an additional 1,403 shares in the last quarter. Ausbil Investment Management Ltd lifted its holdings in Ferrovial by 0.5% during the second quarter. Ausbil Investment Management Ltd now owns 115,791 shares of the company's stock valued at $6,152,000 after purchasing an additional 620 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in Ferrovial by 12.9% during the second quarter. Assenagon Asset Management S.A. now owns 33,976 shares of the company's stock valued at $1,805,000 after purchasing an additional 3,879 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in Ferrovial by 346.5% during 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 in the last quarter. 22.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on FER. BNP Paribas raised shares of Ferrovial from a "strong sell" rating to a "hold" rating in a research note on Tuesday, June 24th. Weiss Ratings reissued a "buy (b+)" rating on shares of Ferrovial in a research note on Saturday, September 27th. Morgan Stanley reissued an "overweight" rating on shares of Ferrovial in a research note on Wednesday, June 25th. Wall Street Zen downgraded shares of Ferrovial from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Finally, BNP Paribas Exane raised shares of Ferrovial from an "underperform" rating to a "neutral" rating in a research note on Tuesday, June 24th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy".

Ferrovial Stock Performance

Ferrovial stock opened at $59.80 on Friday. Ferrovial SE has a 12-month low of $37.93 and a 12-month high of $59.99. The company has a 50-day moving average price of $55.27 and a 200 day moving average price of $51.41.

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.

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