Voya Investment Management LLC Sells 7,626 Shares of Ferrovial SE $FER

Key Points

• Voya Investment Management LLC has decreased its stake in Ferrovial SE by 9.3%, reducing its holdings to 74,473 shares, worth approximately $3.31 million.
• Recent analyst reports have assigned mixed ratings to Ferrovial, with an average rating of "Hold", while some analysts upgraded the stock from "underperform" to "neutral".
• As of now, Ferrovial shares are trading at $57.65, having experienced a 12-month high of $58.40 and a low of $37.93.

Voya Investment Management LLC lessened its stake in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 9.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 74,473 shares of the company's stock after selling 7,626 shares during the period. Voya Investment Management LLC's holdings in Ferrovial were worth $3,313,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of FER. BNP Paribas Financial Markets acquired a new position in shares of Ferrovial in the 4th quarter valued at about $25,000. Banque Cantonale Vaudoise acquired a new position in shares of Ferrovial in the 1st quarter valued at about $150,000. Jane Street Group LLC acquired a new position in shares of Ferrovial in the 4th quarter valued at about $228,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Ferrovial by 24.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,440 shares of the company's stock valued at $225,000 after purchasing an additional 1,073 shares during the period. Finally, Versant Capital Management Inc increased its holdings in shares of Ferrovial by 7,984.7% in the 1st quarter. Versant Capital Management Inc now owns 6,872 shares of the company's stock valued at $306,000 after purchasing an additional 6,787 shares during the period. Institutional investors and hedge funds own 22.28% of the company's stock.

Ferrovial Trading Down 0.9%

FER stock traded down $0.54 during midday trading on Friday, hitting $57.65. 681,137 shares of the company traded hands, compared to its average volume of 373,988. Ferrovial SE has a twelve month low of $37.93 and a twelve month high of $58.40. The business has a 50 day simple moving average of $54.29 and a 200-day simple moving average of $50.46.

Analyst Ratings Changes

A number of equities analysts recently commented on FER shares. BNP Paribas upgraded Ferrovial from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 24th. Wall Street Zen downgraded Ferrovial from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Morgan Stanley restated an "overweight" rating on shares of Ferrovial in a report on Wednesday, June 25th. Finally, BNP Paribas Exane upgraded Ferrovial from an "underperform" rating to a "neutral" rating in a report on Tuesday, June 24th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus 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.