Credit Agricole S A Increases Holdings in Ferrovial SE $FER

Key Points

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Credit Agricole S A lifted its position in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 45.2% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,951,264 shares of the company's stock after buying an additional 1,229,993 shares during the quarter. Ferrovial comprises 0.6% of Credit Agricole S A's holdings, making the stock its 26th biggest position. Credit Agricole S A owned 0.53% of Ferrovial worth $177,491,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. BNP Paribas Financial Markets bought a new stake in shares of Ferrovial during the fourth quarter worth about $25,000. Banque Cantonale Vaudoise bought a new stake in shares of Ferrovial during the first quarter worth about $150,000. Tower Research Capital LLC TRC bought a new stake in shares of Ferrovial during the fourth quarter worth about $158,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew 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 purchasing an additional 1,073 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of Ferrovial during the fourth quarter worth about $228,000. Institutional investors own 22.28% of the company's stock.

Analysts Set New Price Targets

Several analysts recently commented on FER shares. Wall Street Zen cut Ferrovial from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. BNP Paribas raised Ferrovial from a "strong sell" rating to a "hold" rating in a research report on Tuesday, June 24th. Morgan Stanley reaffirmed an "overweight" rating on shares of Ferrovial in a research report on Wednesday, June 25th. Finally, BNP Paribas Exane raised Ferrovial from an "underperform" rating to a "neutral" rating in a research report on Tuesday, June 24th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Ferrovial currently has an average rating of "Hold".

Ferrovial Stock Up 1.7%

NASDAQ FER traded up $0.95 during trading hours on Friday, hitting $55.97. The company had a trading volume of 369,465 shares, compared to its average volume of 147,349. The firm has a 50 day simple moving average of $52.81 and a 200 day simple moving average of $48.84. Ferrovial SE has a 52 week low of $37.93 and a 52 week high of $56.43.

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.