Ferrovial SE $FER Stake Boosted by Vantage Investment Partners LLC

Key Points

• Vantage Investment Partners increased its Ferrovial stake by 47.6% in the third quarter, adding 167,439 shares for a total of 519,370 shares valued at approximately $28.1 million.
• Institutional ownership remains significant, with hedge funds and other institutional investors holding 22.28% of Ferrovial’s stock; several other firms also expanded or initiated positions.
• Analyst sentiment is mixed: Ferrovial has a consensus “Hold” rating from 13 analysts and an average price target of $70.47, while shares recently opened at $54.53—near the lower end of their 52-week range.

Vantage Investment Partners LLC increased its stake in Ferrovial SE (NASDAQ:FER - Free Report) by 47.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 519,370 shares of the company's stock after buying an additional 167,439 shares during the period. Ferrovial accounts for 1.7% of Vantage Investment Partners LLC's portfolio, making the stock its 20th largest position. Vantage Investment Partners LLC's holdings in Ferrovial were worth $28,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of FER. Groupe la Francaise lifted its stake in shares of Ferrovial by 640.9% in the 2nd quarter. Groupe la Francaise now owns 436,648 shares of the company's stock valued at $29,986,000 after purchasing an additional 377,714 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in Ferrovial in the second quarter worth $4,915,000. Cooper Investors PTY Ltd. grew its stake in Ferrovial by 23.7% in the second quarter. Cooper Investors PTY Ltd. now owns 129,165 shares of the company's stock worth $8,862,000 after purchasing an additional 24,783 shares during the period. Cloverfields Capital Group LP purchased a new stake in Ferrovial in the first quarter worth $1,547,000. Finally, NEOS Investment Management LLC grew its stake in Ferrovial by 10.3% in the second quarter. NEOS Investment Management LLC now owns 430,508 shares of the company's stock worth $29,537,000 after purchasing an additional 40,329 shares during the period. 22.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on FER. Zacks Research lowered Ferrovial from a "hold" rating to a "strong sell" rating in a research report on Friday, August 14th. Morgan Stanley restated an "overweight" rating on shares of Ferrovial in a report on Tuesday, September 22nd. Deutsche Bank Aktiengesellschaft downgraded shares of Ferrovial from a "buy" rating to a "hold" rating in a research report on Tuesday, October 20th. Bank of America reiterated a "buy" rating on shares of Ferrovial in a research note on Monday, September 14th. Finally, JPMorgan Chase & Co. cut shares of Ferrovial from an "overweight" rating to a "neutral" rating in a research report on Tuesday, October 6th. Four research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $70.47.

Ferrovial Stock Up 0.9%

Shares of FER opened at $54.53 on Thursday. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.20 and a quick ratio of 1.09. The business's 50 day moving average price is $54.88 and its 200-day moving average price is $64.39. Ferrovial SE has a 52 week low of $48.00 and a 52 week high of $74.79.

Ferrovial Company Profile

Ferrovial SE is a global infrastructure company that develops, finances, operates and maintains transportation and other essential infrastructure. Its activities primarily focus on toll roads and mobility infrastructure, airports, energy infrastructure and construction services. The company participates in projects through development, investment, operations and long-term maintenance, often under public-private partnership and concession arrangements.

Ferrovial's transportation portfolio includes managed-lane and toll-road projects, while its airports business has included the development and operation of airport infrastructure.

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