Amundi lowered its stake in Ferrovial SE (NASDAQ:FER - Free Report) by 7.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,260,279 shares of the company's stock after selling 1,002,890 shares during the period. Amundi owned 1.66% of Ferrovial worth $514,809,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of the company. Partners Group Holding AG bought a new stake in shares of Ferrovial in the 3rd quarter valued at about $36,538,000. Charles Schwab Investment Management Inc. bought a new stake in shares of Ferrovial during the 3rd quarter valued at about $940,000. Luxor Capital Group LP lifted its stake in Ferrovial by 203.8% in the third quarter. Luxor Capital Group LP now owns 871,945 shares of the company's stock valued at $37,659,000 after buying an additional 584,963 shares during the period. Zurich Insurance Group Ltd FI boosted its holdings in shares of Ferrovial by 183.0% during the 3rd quarter. Zurich Insurance Group Ltd FI now owns 332,034 shares of the company's stock worth $14,281,000 after buying an additional 214,723 shares in the last quarter. Finally, Quantinno Capital Management LP grew its position in shares of Ferrovial by 59.0% during the 3rd quarter. Quantinno Capital Management LP now owns 43,585 shares of the company's stock worth $1,880,000 after buying an additional 16,173 shares during the period. Institutional investors and hedge funds own 22.28% of the company's stock.
Analyst Ratings Changes
Several brokerages recently issued reports on FER. Bank of America raised shares of Ferrovial from a "neutral" rating to a "buy" rating in a research note on Tuesday, December 3rd. Royal Bank of Canada raised shares of Ferrovial to a "hold" rating in a research report on Tuesday, November 12th.
Check Out Our Latest Stock Report on FER
Ferrovial Price Performance
Shares of NASDAQ:FER traded up $0.09 during trading on Wednesday, reaching $42.96. 71,392 shares of the stock were exchanged, compared to its average volume of 43,758. Ferrovial SE has a 1-year low of $36.24 and a 1-year high of $47.30. The stock has a fifty day moving average of $43.23 and a two-hundred day moving average of $42.04.
Ferrovial Company Profile
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Free Report)
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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