Raymond James Financial Inc. Acquires New Holdings in Ferrovial SE (NASDAQ:FER)

Raymond James Financial Inc. acquired a new position in Ferrovial SE (NASDAQ:FER - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 11,096 shares of the company's stock, valued at approximately $466,000.

A number of other large investors have also recently made changes to their positions in FER. Norges Bank purchased a new stake in Ferrovial during the 4th quarter valued at approximately $440,665,000. Banco Santander S.A. purchased a new position in Ferrovial during the fourth quarter valued at $310,316,000. FMR LLC grew its stake in Ferrovial by 4,066.5% during the fourth quarter. FMR LLC now owns 6,171,067 shares of the company's stock valued at $259,527,000 after acquiring an additional 6,022,956 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Ferrovial by 2.4% in the 4th quarter. JPMorgan Chase & Co. now owns 4,681,317 shares of the company's stock valued at $196,756,000 after acquiring an additional 108,102 shares during the last quarter. Finally, ClearBridge Investments Ltd lifted its stake in Ferrovial by 69.3% in the 4th quarter. ClearBridge Investments Ltd now owns 2,500,684 shares of the company's stock worth $105,104,000 after purchasing an additional 1,023,896 shares in the last quarter. 22.28% of the stock is owned by hedge funds and other institutional investors.

Ferrovial Stock Performance

NASDAQ FER traded down $0.41 during trading on Tuesday, hitting $48.52. 201,997 shares of the stock traded hands, compared to its average volume of 58,736. The firm has a 50-day simple moving average of $45.49 and a 200-day simple moving average of $43.28. Ferrovial SE has a 12-month low of $37.81 and a 12-month 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.