Barclays PLC Has $148.56 Million Holdings in Ferrovial SE (NASDAQ:FER)

Barclays PLC lowered its stake in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 28.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,439,611 shares of the company's stock after selling 1,351,726 shares during the quarter. Barclays PLC owned approximately 0.46% of Ferrovial worth $148,556,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Metis Global Partners LLC grew its holdings in Ferrovial by 2.1% during the 3rd quarter. Metis Global Partners LLC now owns 67,569 shares of the company's stock worth $2,902,000 after acquiring an additional 1,390 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Ferrovial by 1.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 289,940 shares of the company's stock worth $12,484,000 after acquiring an additional 3,828 shares during the last quarter. Susquehanna International Securities Ltd. bought a new stake in Ferrovial during the 2nd quarter worth about $228,000. Assenagon Asset Management S.A. grew its holdings in Ferrovial by 27.0% during the 3rd quarter. Assenagon Asset Management S.A. now owns 32,187 shares of the company's stock worth $1,386,000 after acquiring an additional 6,834 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Ferrovial in the 3rd quarter valued at about $296,000. Institutional investors own 22.28% of the company's stock.

Ferrovial Price Performance

Shares of NASDAQ:FER traded up $0.32 during midday trading on Wednesday, hitting $42.52. The stock had a trading volume of 46,809 shares, compared to its average volume of 30,723. Ferrovial SE has a 12 month low of $35.30 and a 12 month high of $48.29. The business's 50-day simple moving average is $40.66 and its 200-day simple moving average is $40.77.

Ferrovial Cuts Dividend

The company also recently announced a -- dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 16th will be paid a $0.0366 dividend. The ex-dividend date is Monday, December 16th.

Analysts Set New Price Targets

Several brokerages have 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 note on Tuesday, November 12th.

Ferrovial Company 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.