Metis Global Partners LLC Sells 14,807 Shares of Ferrovial SE (NASDAQ:FER)

Metis Global Partners LLC decreased its position in Ferrovial SE (NASDAQ:FER - Free Report) by 21.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 52,762 shares of the company's stock after selling 14,807 shares during the period. Metis Global Partners LLC's holdings in Ferrovial were worth $2,219,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brookfield Corp ON bought a new position in Ferrovial during the 3rd quarter valued at about $71,881,000. JPMorgan Chase & Co. raised its holdings in Ferrovial by 40.8% in the third quarter. JPMorgan Chase & Co. now owns 4,573,215 shares of the company's stock worth $197,517,000 after purchasing an additional 1,326,065 shares during the period. Partners Group Holding AG bought a new stake in shares of Ferrovial during the third quarter worth $36,538,000. Luxor Capital Group LP grew its position in shares of Ferrovial by 203.8% in the 3rd quarter. Luxor Capital Group LP now owns 871,945 shares of the company's stock valued at $37,659,000 after acquiring an additional 584,963 shares during the period. Finally, Exane Asset Management acquired a new stake in shares of Ferrovial during the 4th quarter worth about $14,359,000. Hedge funds and other institutional investors own 22.28% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. 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 research report on Tuesday, December 3rd.

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Ferrovial Stock Performance

NASDAQ FER traded down $2.50 during mid-day trading on Thursday, hitting $43.72. The company's stock had a trading volume of 86,136 shares, compared to its average volume of 67,321. The company's 50 day simple moving average is $43.14 and its 200 day simple moving average is $41.97. Ferrovial SE has a twelve month low of $35.30 and a twelve month high of $48.29.

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.