150,200 Shares in Ferrovial SE $FER Acquired by Groupe la Francaise

Key Points

• Groupe la Francaise has acquired a new position in Ferrovial SE, purchasing 150,200 shares valued at approximately $6.82 million in the first quarter.
• Multiple institutional investors have adjusted their stakes in Ferrovial, with 22.28% of the company's stock now owned by institutional shareholders.
• Analysts have varied ratings for Ferrovial's stock, with an average rating of "Hold", following adjustments from firms like BNP Paribas and Morgan Stanley.

Groupe la Francaise acquired a new stake in shares of Ferrovial SE (NASDAQ:FER - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 150,200 shares of the company's stock, valued at approximately $6,820,000.

Several other institutional investors also recently bought and sold shares of FER. Raymond James Financial Inc. purchased a new position in Ferrovial during the fourth quarter worth approximately $466,000. Marshall Wace LLP boosted its stake in Ferrovial by 153.8% during the fourth quarter. Marshall Wace LLP now owns 49,569 shares of the company's stock worth $2,083,000 after buying an additional 30,035 shares during the last quarter. MetLife Investment Management LLC increased its position in Ferrovial by 15.8% during the fourth quarter. MetLife Investment Management LLC now owns 54,077 shares of the company's stock worth $2,270,000 after purchasing an additional 7,395 shares during the last quarter. Tower Research Capital LLC TRC acquired a new position in Ferrovial in the 4th quarter valued at about $158,000. Finally, Hancock Whitney Corp grew its position in Ferrovial by 36.9% in the fourth quarter. Hancock Whitney Corp now owns 12,279 shares of the company's stock worth $516,000 after acquiring an additional 3,308 shares during the period. 22.28% of the stock is currently owned by hedge funds and other institutional investors.

Ferrovial Price Performance

Shares of NASDAQ:FER traded down $0.06 on Wednesday, reaching $54.56. The company's stock had a trading volume of 213,705 shares, compared to its average volume of 150,428. Ferrovial SE has a 52-week low of $37.93 and a 52-week high of $56.43. The stock's 50-day moving average is $52.95 and its two-hundred day moving average is $49.05.

Analyst Ratings Changes

FER has been the topic of several recent analyst reports. Wall Street Zen lowered shares of 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 reissued an "overweight" rating on shares of Ferrovial in a research note on Wednesday, June 25th. Finally, BNP Paribas Exane raised shares of Ferrovial from an "underperform" rating to a "neutral" 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 stock. Based on data from MarketBeat.com, the company 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.