DekaBank Deutsche Girozentrale Raises Stock Position in Ferrovial SE (NASDAQ:FER)

DekaBank Deutsche Girozentrale raised its holdings in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 1.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,655,632 shares of the company's stock after purchasing an additional 26,786 shares during the quarter. DekaBank Deutsche Girozentrale owned 0.22% of Ferrovial worth $74,044,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. Crossmark Global Holdings Inc. raised its stake in shares of Ferrovial by 6.2% in the first quarter. Crossmark Global Holdings Inc. now owns 23,907 shares of the company's stock valued at $1,071,000 after acquiring an additional 1,390 shares during the period. Bank of New York Mellon Corp raised its stake 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 valued at $50,076,000 after acquiring an additional 14,821 shares during the period. Oppenheimer Asset Management Inc. increased its stake in Ferrovial by 14.3% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 8,597 shares of the company's stock worth $386,000 after buying an additional 1,076 shares during the period. Sterling Investment Management LLC purchased a new position in Ferrovial in the 1st quarter worth about $886,000. Finally, Assenagon Asset Management S.A. increased its stake in Ferrovial by 3.6% in the 1st quarter. Assenagon Asset Management S.A. now owns 30,097 shares of the company's stock worth $1,339,000 after buying an additional 1,059 shares during the period. Institutional investors own 22.28% of the company's stock.

Ferrovial Stock Up 0.5%

Ferrovial stock traded up $0.25 during midday trading on Friday, hitting $52.57. 126,830 shares of the company's stock were exchanged, compared to its average volume of 79,133. Ferrovial SE has a 12 month low of $37.93 and a 12 month high of $56.43. The firm has a 50-day moving average of $51.46 and a two-hundred day moving average of $46.57.

Ferrovial Increases Dividend

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

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Wall Street Zen downgraded shares of Ferrovial from a "buy" rating to a "hold" rating in a research note on Friday, June 6th. Morgan Stanley reaffirmed an "overweight" rating on shares of Ferrovial in a research note on Wednesday, June 25th. BNP Paribas raised shares of Ferrovial from a "strong sell" rating to a "hold" rating in a research note on Tuesday, June 24th. Finally, BNP Paribas Exane raised shares of Ferrovial from an "underperform" rating to a "neutral" rating in a research note on Tuesday, June 24th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold".

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.