MetLife Investment Management LLC Increases Holdings in Ferrovial SE (NASDAQ:FER)

MetLife Investment Management LLC boosted its stake in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 15.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,077 shares of the company's stock after acquiring an additional 7,395 shares during the quarter. MetLife Investment Management LLC's holdings in Ferrovial were worth $2,270,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of Ferrovial in the fourth quarter valued at approximately $466,000. Norges Bank acquired a new position in shares of Ferrovial during the 4th quarter worth approximately $440,665,000. JPMorgan Chase & Co. raised its stake in shares of Ferrovial by 40.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,573,215 shares of the company's stock worth $197,517,000 after buying an additional 1,326,065 shares during the period. Townsquare Capital LLC acquired a new position in shares of Ferrovial during the 4th quarter worth approximately $234,000. Finally, Exane Asset Management acquired a new position in shares of Ferrovial during the 4th quarter worth approximately $14,359,000. 22.28% of the stock is currently owned by hedge funds and other institutional investors.

Ferrovial Stock Up 0.7 %

Shares of FER stock opened at $48.71 on Tuesday. The stock has a 50 day simple moving average of $44.60 and a 200-day simple moving average of $42.73. Ferrovial SE has a 1-year low of $36.24 and a 1-year high of $56.43.

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.

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