Deutsche Bank AG Has $117.71 Million Stock Holdings in Ferrovial SE (NASDAQ:FER)

Key Points

• Deutsche Bank AG has increased its stake in Ferrovial SE by 3.2%, now holding a total of 2,620,437 shares valued at approximately $117.7 million.
• Ferrovial SE recently raised its dividend from $0.04 to $0.3029 per share, with the last payment made on June 25th.
• Wall Street analysts have rated Ferrovial with a consensus of "Hold," with varying opinions on the stock's outlook from firms like BNP Paribas and Morgan Stanley.

Deutsche Bank AG raised its position in Ferrovial SE (NASDAQ:FER - Free Report) by 3.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,620,437 shares of the company's stock after purchasing an additional 81,516 shares during the period. Deutsche Bank AG owned about 0.35% of Ferrovial worth $117,710,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FER. BNP Paribas Financial Markets bought a new stake in shares of Ferrovial during the 4th quarter worth about $25,000. Banque Cantonale Vaudoise bought a new stake in shares of Ferrovial in the 1st quarter valued at approximately $150,000. Tower Research Capital LLC TRC bought a new stake in Ferrovial during the fourth quarter worth approximately $158,000. Jane Street Group LLC acquired a new position in shares of Ferrovial during the fourth quarter worth approximately $228,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted 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 buying an additional 1,073 shares during the last quarter. 22.28% of the stock is currently owned by hedge funds and other institutional investors.

Ferrovial Stock Performance

Shares of NASDAQ:FER traded up $0.88 during trading on Tuesday, reaching $53.72. 435,486 shares of the company traded hands, compared to its average volume of 230,974. The company's 50 day moving average is $52.23 and its two-hundred day moving average is $48.21. Ferrovial SE has a 52 week low of $37.93 and a 52 week high of $56.43.

Ferrovial Increases Dividend

The firm also recently disclosed a -- dividend, which was paid on Wednesday, June 25th. Investors of record on Friday, May 23rd were given a dividend of $0.3029 per share. 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

FER has been the subject of several recent analyst reports. Wall Street Zen lowered Ferrovial from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. BNP Paribas Exane raised Ferrovial from an "underperform" rating to a "neutral" rating in a research report on Tuesday, June 24th. BNP Paribas raised Ferrovial from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 24th. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Ferrovial in a report on Wednesday, June 25th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, Ferrovial presently has an average rating of "Hold".

Ferrovial 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.