Bank of New York Mellon Corp Has $46.23 Million Position in Ferrovial SE (NASDAQ:FER)

Bank of New York Mellon Corp lowered its position in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 6.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,099,959 shares of the company's stock after selling 72,199 shares during the quarter. Bank of New York Mellon Corp owned 0.15% of Ferrovial worth $46,231,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in FER. Metis Global Partners LLC lifted its position in shares of Ferrovial by 2.1% in the third quarter. Metis Global Partners LLC now owns 67,569 shares of the company's stock worth $2,902,000 after purchasing an additional 1,390 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Ferrovial in the fourth quarter valued at $101,000. Crossmark Global Holdings Inc. increased its holdings in shares of Ferrovial by 17.8% in the fourth quarter. Crossmark Global Holdings Inc. now owns 22,517 shares of the company's stock valued at $947,000 after purchasing an additional 3,407 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Ferrovial by 51.3% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 10,419 shares of the company's stock valued at $438,000 after purchasing an additional 3,534 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Ferrovial by 1.3% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 289,940 shares of the company's stock valued at $12,484,000 after acquiring an additional 3,828 shares in the last quarter. Institutional investors and hedge funds own 22.28% of the company's stock.

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Ferrovial Stock Up 1.2 %

Ferrovial stock traded up $0.51 during mid-day trading on Friday, hitting $44.07. 78,140 shares of the stock were exchanged, compared to its average volume of 68,219. Ferrovial SE has a 12 month low of $35.30 and a 12 month high of $48.29. The firm's fifty day simple moving average is $43.20 and its two-hundred day simple moving average is $42.01.

Analysts Set New Price Targets

Several research firms recently commented on FER. Royal Bank of Canada upgraded shares of Ferrovial to a "hold" rating in a research note on Tuesday, November 12th. Bank of America upgraded shares of Ferrovial from a "neutral" rating to a "buy" rating in a report on Tuesday, December 3rd.

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.