ASR Vermogensbeheer N.V. Sells 5,461 Shares of Ferrovial SE $FER

Key Points

• ASR Vermogensbeheer N.V. reduced its stake in Ferrovial SE by 2.4%, selling 5,461 shares and holding 218,855 shares worth $11.6 million.
• Several institutional investors, including Amundi and Vanguard Group, increased their positions in Ferrovial during the first quarter, indicating a mixed sentiment among hedge funds.
• Recent analyst ratings for Ferrovial show a range of responses, with Morgan Stanley maintaining an "overweight" rating while others have downgraded their positions to "hold" or "neutral."

ASR Vermogensbeheer N.V. cut its position in Ferrovial SE (NASDAQ:FER - Free Report) by 2.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 218,855 shares of the company's stock after selling 5,461 shares during the period. ASR Vermogensbeheer N.V.'s holdings in Ferrovial were worth $11,626,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Amundi raised its stake 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 during the last quarter. Maple Brown Abbott Ltd acquired a new stake in Ferrovial during the 1st quarter valued at $152,224,000. Nuveen LLC bought a new position in Ferrovial in the 1st quarter valued at $65,565,000. Credit Agricole S A boosted its stake in Ferrovial by 45.2% in the first quarter. Credit Agricole S A now owns 3,951,264 shares of the company's stock worth $177,491,000 after purchasing an additional 1,229,993 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in Ferrovial by 2.4% in the first quarter. Vanguard Group Inc. now owns 19,355,835 shares of the company's stock worth $865,748,000 after purchasing an additional 452,211 shares in the last quarter. Institutional investors and hedge funds own 22.28% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on FER shares. Morgan Stanley reaffirmed an "overweight" rating on shares of Ferrovial in a report on Wednesday, June 25th. BNP Paribas Exane raised shares of Ferrovial from an "underperform" rating to a "neutral" rating in a research note on Tuesday, June 24th. Wall Street Zen lowered shares of Ferrovial from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. Finally, BNP Paribas raised shares of Ferrovial from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 24th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold".

Ferrovial Stock Performance

Ferrovial stock opened at $59.98 on Friday. Ferrovial SE has a 1 year low of $37.93 and a 1 year high of $60.00. The company's 50-day moving average is $55.14 and its two-hundred day moving average is $51.30.

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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